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Dogecoin Open Interest Suffers Further Crash, Will DOGE Price Continue To Go Down?

  • The open interest of Dogecoin continues to decline, putting the DOGE price at risk of further crash.
  • Dogecoin's open interest is currently at $1.57 billion, significantly lower than its peak of $5.42 billion.
  • Traders opting against trading or investing in Dogecoin may cause the price to decline.
  • Despite the bearish outlook, some analysts are still optimistic, predicting a rally to $2 and above for DOGE.

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