Dogecoin Spikes, Sees Jump In Bullish Long Positions As Top Analyst Spots A ‘Buy’ Signal
Posted On December 4, 2025
Dogecoin (CRYPTO: DOGE) extended its gains on Wednesday amid a broader rally in the cryptocurrency market driven by positive macroeconomic factors.
Dogecoin Beats Bitcoin, XRP
The dog-themed memecoin rose over 2% in the last 24 hours, bringing its total gains this week to 10%.
In the process, it outperformed coins with larger market capitalizations such as Bitcoin (CRYPTO: BTC) and XRP (CRYPTO: XRP).
The rebound ignited speculative buying, with open interest in DOGE futures rising 1.91% in the last 24 hours, according to Coinglass. The Long/Short ratio for the memecoin on Binance rose from 2.13 to 2.56, signaling bullish interest.
See Also: Dogecoin (DOGE) Price Prediction …
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