<ul data-eligibleForWebStory="true">Dogecoin's price has rebounded following an increase in the price of Bitcoin and Ethereum.Despite the price increase, Dogecoin's trading volume remains low, indicating limited market participation.The daily Dogecoin trading volume is currently below $5 billion, lower than levels seen during previous market fluctuations.In February, Dogecoin's trading volume exceeded $10 billion during market struggles, and in May 2025 during recovery.In June, Dogecoin's trading volume has yet to surpass $10 billion, reaching a high of $5.89 billion on June 6.The Dogecoin open interest has also not shown significant changes, hovering around $2 billion daily.This stability in open interest suggests that traders are cautious and waiting for market movements before taking action.