Dogecoin Open Interest Surges Amid Price Increase

According to Odaily, recent data from CoinGlass indicates that Dogecoin's open interest has surged by approximately 50% over the past five days, rising from $2 billion to $3 billion before settling at $2.89 billion. CoinGecko reports that Dogecoin is currently priced at $0.3836, reflecting a 20.1% increase over the past week. The cryptocurrency's market capitalization is approximately $56.76 billion, ranking it seventh and surpassing USDC, which has a market cap of $45.57 billion.