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Analyst Says Dogecoin Is Sucking Liquidity From Meme Coin Market
- An analyst suggests Dogecoin (DOGE) is sucking liquidity from the entire meme coin ecosystem.
- DOGE typically surges in value during altseason, leaving other altcoins rather unchanged.
- DOGE's open interest has climbed to $1.06 billion, reflecting growing optimism among traders.
- DOGE's recent performance and market cap indicate a possible comeback for meme coins.
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