Dogecoin Open Interest Hits 10.79 Billion DOGE as Investors Commit
Dogecoin has reached an impressive 10.79 billion DOGE in open interest over the past 24 hours, according to data from CoinGlass. Open interest measures the total number of active futures contracts that investors have committed to Dogecoin, remaining unsettled. This surge in open interest suggests a significant interest and commitment from investors in the Dogecoin market. As Dogecoin continues to attract attention, investors are closely watching its price movements. The rising open interest might indicate a potential for price volatility, providing opportunities for traders. Investors are urged to stay informed about the market dynamics surrounding Dogecoin. Understanding open interest can help in making informed trading decisions. Monitor trends and news to navigate the fluctuating crypto landscape.