<ul><li>Open interest in Dogecoin, the meme coin, has dropped by nearly 70% in three months, raising concerns about declining demand and weak investor trust.</li><li>The decline in open interest suggests mounting caution in the broader crypto market, with traders retreating due to uncertainties.</li><li>Dogecoin's network activity has also decreased significantly, with a 95% drop in active addresses from November 2024 to February 2025.</li><li>While institutional interest in Dogecoin remains, its long-term survival relies on recovering market sentiment and increased participation.</li></ul>

Dogecoin Demand Slumps—Nearly 70% Drop In Open Interest Raises Concerns

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