To the Moon? Dogecoin Futures Open Interest Hits All-Time High—But Traders Are Hedging

Quick Summary:

Open interest on Dogecoin neared a record $2.75 billion Monday as DOGE pushed to a three-year price peak.

But many traders are shorting it.

Dogecoin fever is overtaking the cryptosphere after the token’s remarkable rally to three-year highs over the weekend.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Sander Lutz

Category: Crypto

Markets: Estonia

Topics: Markets Dogecoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-11 @ 18:38:46 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: decrypt.co

Language: English

Article Length: 463 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Decrypt

News ID: 23524316

View Article Analysis

About Decrypt

Main Topics: Crypto

Official Website: decrypt.co

Update Frequency: 7 posts per day

Year Established: 2018

Headquarters: Estonia

News Last Updated: 9 hours ago

Coverage Areas: Estonia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #63

Publisher Details

Frequently Asked Questions