$DOGE logs biggest single-day in over 4 months as the dollar value locked in active perpetual futures contracts tops $500 million. By godbole17.
Meme cryptocurrency dogecoin jumped 10% on Tuesday, registering its biggest single-day gain since April 3, according to Binance data tracked by charting platform TradingView.
Traders seem to think the same, as evident from the pick-up in the perpetual futures market tied to DOGE. However, at press time, the open interest weighted-funding rates have dropped to zero, suggesting a balance between bullish long and bearish short positions.
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