🚀🔥 Dogecoin Open Interest Explodes Ahead of Donald Trump's Inauguration – Traders Eye $1! 🔥🚀
The excitement is real! Donald Trump’s Inauguration Day on January 20 has turned into the hottest topic in crypto. As the first-ever pro-crypto president prepares to take the White House, traders are betting big on Dogecoin. Let’s break it down:
📊 Dogecoin Open Interest Hits $4.27 Billion!
💥 Massive Surge: Open interest jumped from $2.7 billion to $4.27 billion in just days!
📈 Record Highs: Over the last 24 hours, it’s risen 3.68%, reaching 12.01 billion DOGE – a 1-month high!
🌐 Top DOGE Exchanges Dominating Open Interest
🏆 Gate.io: Leads the pack with 4.89 billion DOGE.
💼 Binance: Comes second with 2.15 billion DOGE.
⚡ Bybit: Holding 1.96 billion DOGE.
🛡️ Bitget: Adds 1.01 billion DOGE to the total.
👉 Fun Fact: These four exchanges account for 80% of Dogecoin open interest globally!
🚀 Rising Stars Among Exchanges
🌟 Hyperliquid: 🔥 Open interest up by 20.56%, becoming a favorite for traders.
🐙 Kraken: Climbed 19.02% in just a day.
🌐 OKX: Posted a solid 8.08% gain.
💡 Can DOGE Hit $1?
With Donald Trump’s inauguration and Elon Musk’s D.O.G.E. (Department of Government Efficiency) adding to the hype, Dogecoin’s price rally feels closer than ever!
But…
📉 Selling Pressure: Still high, keeping optimism in check.
💤 Slowing Volume: Daily trading volume is down 21% (CoinMarketCap).
📌 Current Price: DOGE is trading at $0.35, down 12% from recent highs.
🔥 The crypto world is watching—will Dogecoin finally reach $1 or face more resistance? Stay tuned as history unfolds! 🌟🐕
Disclaimer :Do your own research