Dogecoin Surges 10%, Decouples from Bitcoin as Open Interest Reaches Yearly High
As traders take on more risk, the price of DOGE has risen sharply, even as the rally of the market leader, bitcoin, has stalled. The futures market, where open interest in DOGE futures has reached 15.36 billion tokens, the highest level this year, reflects this trend. This increase in open interest suggests that more traders are engaging in leveraged directional plays, demonstrating a strong risk…
April 30, 2026, 7:50 a.m.