Despite Dip, Dogecoin Futures Spike 64% with Bullish Momentum Building
Posted On May 15, 2025
While the meme coin dropped 5.61% in a day to trade at $0.2240, it’s 23% growth in the past week and a 40% rise this month is impressive. Dogecoin’s (CRYPTO: DOGE) futures have received a massive spike in a week, putting DOGE back in the limelight.
Behind the growth is a mix of renewed trader interest, bullish technical indicators, and some high-profile endorsements that are making DOGE a popular investment choice.
Over the last week, Dogecoin’s futures open interest has grown by 64% from $989 million to $1.62 billion, according to Glassnode.
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The surge …
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