Is Dogecoin’s $0.24 Breakout Just a Mirage? 🐶💰
This newfound buoyancy is not without its indicators. According to the sages of Coinglass, Dogecoin’s futures open interest has ascended 2.63% to surpass the glistening sum of $3.01 billion, a testament to the growing faith among leveraged traders. Despite a modest 8.9% dip in trading volume, the majority of these traders are steadfastly holding long positions, a bullish signal that suggests a collective wager on future prosperity.