Dogecoin is making waves in the crypto market as its trading volume soared to a record $4.06 billion in open interest. This surge occurs as Elon Musk is set to lead a new government department while also working on payment integration for the X platform. Although Dogecoin has faced recent price volatility, its trading activity indicates a strong community and investor interest. This achievement signifies Dogecoin’s resilience and the ongoing excitement in the cryptocurrency space as market dynamics continue to evolve.