Dogecoin Derivatives Volume Surges over 90% Amid DOGE ETF Speculation
Release: 2024/07/17 00:52 Reading: 588
Dogecoin Derivatives Volume Soars Amid DOGE ETF Anticipation
Dogecoin's trading activity has surged dramatically, with derivatives volume increasing over 90% in the past 24 hours. The turnover of Dogecoin perpetual futures reached $1.69 billion, nearly doubling the previous day's volume.
Spot market trading of DOGE also witnessed a substantial increase, rising by 64.99% to $1.05 billion. Combining these figures, the total DOGE turnover across various markets currently stands at approximately $2.7 billion.
This surge in interest in Dogecoin is attributed to market speculation and renewed rumors of a potential DOGE ETF.
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