1. Latest Crypto News
  2.  / 
  3. Cryptocurrencies
  4.  / 
  5. Dogecoin (DOGE)
  6.  / 
  7. Dogecoin (DOGE) Futures Open Interest Spikes 40%, Signaling Possible Price Peak

Dogecoin (DOGE) Futures Open Interest Spikes 40%, Signaling Possible Price Peak

Over the past 24-hour period, Dogecoin (DOGE) futures contracts’ open interest surged by around 40%, suggesting there’s heightened risk appetite among traders in a trend that has historically signaled local price peaks in the realm of cryptocurrency markets. According to data from CoinGlass, first reported by CoinDesk,  the number of open futures contracts surged to…

Read full story at CryptoGlobe >