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Dogecoin Open Interest Declines 67% In Three Months – Can Meme Coins Recover?

NewsBTC LogoNewsBTC15h ago

Dogecoin Open Interest Declines 67% In Three Months – Can Meme Coins Recover? - NewsBTC

Quick Summary:

DOGE has been in a steady downtrend, struggling to gain traction as meme coins face increasing selling pressure across the market.

Dogecoin is trading at key demand levels after two weeks of massive selling pressure, with bears pushing DOGE down more than 30%.

Related Reading: XRP Breaks Down Below Key Demand – Analyst Expects A Drop To $1.65 DOGE Dogecoin (DOGE) is currently trading at $0.21 after weeks of underwhelming price action.

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Dogecoin Open Interest Declines 67% In Three Months – Can Meme Coins Recover? - NewsBTC (Picture 1)Dogecoin Open Interest Declines 67% In Three Months – Can Meme Coins Recover? - NewsBTC (Picture 2)

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Article Details

Author / Journalist: Sebastian Villafuerte

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-27 @ 21:30:52 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 578 words

Reading Time: 4 minutes read

Sentences: 68 lines

Sentence Length: 9 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 26491713

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About NewsBTC

NewsBTC Logo

Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 9 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 9 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #102

Publisher Details

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The story "Dogecoin Open Interest Declines 67% In Three Months – Can Meme Coins Recover?" has 578 words across 68 sentences, which will take approximately 3 - 5 minutes for the average person to read.

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The story "Dogecoin Open Interest Declines 67% In Three Months – Can Meme Coins Recover?" was covered 15 hours ago by NewsBTC, a news publisher based in United Kingdom.

How trustworthy is 'NewsBTC' news outlet?

NewsBTC is a fully independent (privately-owned) news outlet established in 2013 that covers mostly crypto news.

The outlet is headquartered in United Kingdom and publishes an average of 9 news stories per day.

It's most recent story was published 9 hours ago.

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  • News ID: #26491713
  • URL: https://chronographically.beamstart.com/news/dogecoin-open-interest-declines-67-17406953428136

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