Dogecoin Surges 10%, Decoupling from Bitcoin as Open Interest Reaches Yearly High
Traders are taking bold risks with DOGE, now priced at $0.1065, driving its value sharply upwards even as bitcoin, the market leader, stalls at $76,070.83. The futures market reflects this trend, with open interest in DOGE futures hitting a yearly peak of 15.36 billion tokens, according to Coinglass. This uptick in open interest signals that more traders are engaging in leveraged directional play…
April 30, 2026, 7:50 a.m.