The Dogecoin open interest (OI) is surging after a week of remarkable price action. The meme coin which rose over 100% has continued to enjoy the attention of investors and traders alike, leading its open interest to reach a new all-time high. Dogecoin Open Interest Taps Record $1.49 Billion Data from Coinglass shows that there…
Dogecoin has been in the spotlight lately after a notable uptick in the usage of its network over the last month. However, this adoption has not translated to any notable increase in the asset’s price, prompting speculations of a delayed breakout for the meme coin. Crypto Analyst Says Dogecoin Could Breakout Soon Even as Dogecoin…
The Dogecoin price action in the past few days is showing signs of the crypto embarking on a bullish recovery. Particularly, DOGE has seen a strong uptick in trading volume in the last few days, fueled by an increase in activity from whale addresses. At the time of writing, DOGE spiked by over 6% in…
The Dogecoin adoption trend has taken the crypto market by surprise after the number of new wallets being created on the network skyrocketed. Last week, new wallet creations were the center of attention as more than 890,000 new DOGE wallets were added in a single week. This time around, a new Dogecoin metric is taking…
DOGE The Dogecoin network is on a roll after a particularly disappointing performance leading up to the end of January. Usage on the network is beginning to pick up once more after the price made its way above $0.08. New adoption saw the highest spikes, as almost 1 million new DOGE wallets were created…
Dogecoin (DOGE) is getting ready to “pop,” as this crypto analyst predicts that the next move to the upside could see the meme coin break a critical resistance level. DOGE’s price has, in recent times, lived off the hype regarding several use cases that could be added for it soon. However, it remains to be…
Dogecoin (DOGE) has recently received support from the crypto community and some negative comments from recognized crypto actors. A discussion sparked on the X platform (Formerly known as Twitter) after Dogecoin’s Founder Billy Markus, also known as Shibetoshi Nakamoto, responded to a clip of the comments made by Ripple’s CEO Brad Garlinghouse about the memecoin.…
On Saturday, January 20, the Dogecoin price rose by more than 23% within 5 hours. As NewsBTC reported, the creation of the X Payments account was the cause of the sudden price increase, which reignited hopes within the community about the integration of DOGE. However, the speculative surge was short-lived, with only around 4% of…
Elon Musk-backed meme coin Dogecoin (DOGE) has seen a significant price correction in recent days, falling over 14% in the past 30 days, due to the market’s waning sentiment surrounding the hype generated by the approval of Bitcoin Exchange Traded Funds (ETFs), and the lack of bullish catalysts. After reaching an 11-month high of $0.1073…
Compared to other meme coins and large caps in the crypto space, the Dogecoin performance has been quite lackluster, to say the least. Even as Bitcoin sets an out toward its previous highs, Dogecoin price has been muted. Bit this could change soon as one analyst sees a reversal coming. Dogecoin Price Has Entered The…