๐Dogecoin (DOGE) is making a comeback, folks! Despite the recent bearish market, DOGE's trading volume has surged by a whopping 38.13% in the past 24 hours, reaching $659.84 billion. ๐
This Shiba Inu-inspired meme coin isn't just barking, it's biting! Despite a 23.90% price drop over the last month, DOGE's value has risen by 3.34% in the past day, currently sitting pretty at $0.1271. ๐
The DOGE comeback is further bolstered by a 7.25% increase in Open Interest (OI), now at $643.30 million. This rise in OI on platforms like Bybit, Binance, and OKX signals a bullish sentiment among traders.
As the leader of the meme coin pack, DOGE's performance could signal a potential recovery pathway for other tokens in the sector. So, keep your eyes peeled and your wallets ready, crypto enthusiasts!
What do you think? Is DOGE leading the meme coin market to a bullish trend? Share your thoughts in the comments! #DeFi #Web3 #CryptoNews