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Dogecoin Open Interest Rises to $1.55B; DOGE Price Rises

  • The rise in the Dogecoin open interest to $1.55B suggests increased trader activity and buying pressure.
  • Technical indicators on the 1-day chart show bullish signals, with the MACD and signal lines displaying a bullish crossover.
  • DOGE remains in consolidation between $0.15 and $0.17 amid uncertainty in the overall financial markets.
  • Coinglass data shows that open interest (OI) in the leading memecoin, Dogecoin (DOGE) reached $1.55 billion over the past 24 hours.

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