DOGE Futures Open Interest Declines Significantly

According to Foresight News, data from Glassnode indicates that the open interest in DOGE futures is approximately $1 billion. This figure is significantly lower than the average level of around $3 billion observed in November and December 2024. Although the seven-day moving average of futures trading volume has increased from its lowest point, it remains close to the levels seen in October 2024.