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Dogecoin Open Interest Surges 5.24% to $1.3 Billion in 24 Hours

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Summary
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73% Informative

Dogecoin open interest jumped by 5.24% to $1.3 billion in 24 hours through perpetual contracts only.

Binance currently has $581 million in open interest, far ahead of Bybit at $410 million and OKX at $244 million .

Rise in DOGE Perpetual Contracts suggests that short-term speculators are dominating the perpetual market for the meme coin.

OKX attracted $133 million in net inflows over the past four hours , followed by Coinbase .

VR Score

61

Informative language

52

Neutral language

60

Article tone

formal

Language

English

Language complexity

39

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not offensive

Hate speech

not hateful

Attention-grabbing headline

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Known propaganda techniques

not detected

Time-value

short-lived

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