Dogecoin OI Blasts Past $1.9 Billion as DOGE Price Rallies 5%

Cover image via U.Today

Dogecoin (DOGE) has seen a significant surge in Open Interest (OI), exceeding $1.9 billion according to Coinglass data. This reflects heightened trading activity and increased speculation surrounding its future price. Historically, such increases in OI have preceded periods of market volatility, raising concerns about potential price corrections due to overleveraged positions.

Dogecoin (DOGE) price rallies 5% in 24 hours

As of March 25, 2025, Dogecoin is trading at approximately $0.192, a 5% increase in 24 hours, boosting its market capitalization to $28.5 billion. This reinforces DOGE's position as the leading memecoin. Previous：Without Next：Without