Trading interest in DOGE bets rose over 40% in the past 24 hours to reach the most since April. An increase in leveraged bets came after a 12% surge on Thursday as one company said it planned to send a physical Dogecoin token to the moon. However, a spike in DOGE prices could be considered a generally bearish indicator
A key metric of dogecoin (DOGE) futures jumped about 40% in the past 24 hours, an indication of higher risk-taking behaviors among traders and one that has historically marked local price tops in crypto markets.
Open interest, or the number of
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