Dogecoin Price Recovery Sends OI Above $1.2 Billion, But Is It Sustainable?

Following the bitcoin recovery above the $76,000 l

Dogecoin Price Recovery Sends OI Above .2 Billion, But Is It Sustainable?

Dogecoin Price Recovery Sends OI Above $1.2 Billion, But Is It Sustainable?

Following the bitcoin recovery above the $76,000 level last week, the Dogecoin price also saw a notable increase, rising by more than 10% in a 7-day period. This naturally saw a rise in interest in the meme coin and translated to a surge in its open interest

Source: TradingView
DOGE retraces from surge | Source: DOGEUSDT on Tradingview.com

Featured image from Dall.E, chart from TradingView.com

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