Reported 2 days ago
Despite a nearly 4% decline in Dogecoin's price over the past week, investors have shown strong confidence, allocating approximately $3.42 billion into the derivatives market with over 15 billion DOGE. Major exchanges like Gate and Binance lead in open interest, indicating bullish sentiment among traders. Additional whale activity, notably a large transfer from Robinhood, suggests potential accumulation and anticipation for a price recovery, particularly targeting the $0.30 mark.
Source: YAHOO