{"id":32636,"date":"2025-06-19T10:17:03","date_gmt":"2025-06-19T10:17:03","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=32636"},"modified":"2025-06-19T10:17:03","modified_gmt":"2025-06-19T10:17:03","slug":"dogecoin-tops-crypto-funding-charts-as-traders-load-up-on-longs","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=32636","title":{"rendered":"Dogecoin Tops Crypto Funding Charts As Traders Load Up On Longs"},"content":{"rendered":"
\n

Data shows Dogecoin is currently leading the top cryptocurrencies in terms of Funding Rate, suggesting a spike in long positioning among traders.<\/p>\n

Dogecoin Funding Rate Is Sitting At 0.0092% Right Now<\/h2>\n

In a new post<\/a> on X, the analytics firm Glassnode has talked about how the top cryptocurrencies in the sector compare to each other in terms of the Funding Rate<\/a>.<\/p>\n

The Funding Rate refers to an indicator that keeps track of the average periodic amount of fees that perpetual futures traders of a given asset are exchanging between each other on the centralized derivatives platforms.<\/p>\n

When the value of this metric is positive, it means the long investors are paying a premium to the short ones in order to hold onto their positions. Such a trend is a sign that the majority of the investors share a bullish mentality.<\/p>\n

On the other hand, the indicator being under the zero mark suggests the short investors outweigh the long ones. This kind of trend implies a bearish sentiment is dominant in the sector.<\/p>\n

Now, here is the table shared by Glassnode that shows how the top cryptocurrencies by market cap<\/a> look in terms of the Funding Rate right now:<\/p>\n

\"Dogecoin<\/p>\n

As is visible above, the Funding Rate is currently positive for Bitcoin (BTC) and Ethereum (ETH). According to the analytics firm, this is a rebound compared to yesterday, when sentiment was bearish among the traders.<\/p>\n

The indicator is standing at 0.0049% for BTC and 0.0062% for ETH. XRP (XRP), the fourth largest coin by market cap, also has a similar degree of bullish mood with the metric at 0.006%.<\/p>\n

A coin that stands out for its sentiment, however, is the memecoin Dogecoin, as its Funding Rate is sitting at 0.0092%, notably higher than any other cryptocurrency<\/p>\n

Then there is Tron (TRX) on the exact opposite side of the spectrum, with the bears paying the fee at a rate of -0.0087%. Solana (SOL) is exactly between the two with a neutral Funding Rate of 0.0012%.<\/p>\n

Generally, the side that\u2019s dominant on the Funding Rate is more likely to get wrapped up in a mass liquidation event. As such, for an asset like Dogecoin, where a bullish sentiment seems to be strong relative to the rest of the sector, the longs may be at more risk of getting squeezed.<\/p>\n

In the same table, data for a few other indicators is also displayed. Among these, an interesting one is perhaps the Supply in Profit<\/a>, measuring the percentage of an asset\u2019s supply that\u2019s currently being held at an unrealized gain.<\/p>\n

While coins like Bitcoin, Tron, and BNB have more than 90% of their supply in the green, others like Dogecoin and Solana have the metric at less than 50%.<\/p>\n

DOGE Price<\/h2>\n

At the time of writing, Dogecoin is trading around $0.1666, down more than 15% over the last week.<\/p>\n

\"Dogecoin<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Data shows Dogecoin is currently leading the top cryptocurrencies in terms of Funding Rate, suggesting a spike in long positioning among traders. Dogecoin Funding Rate Is Sitting At 0.0092% Right Now In a new post on X, the analytics firm Glassnode has talked about how the top cryptocurrencies in the sector compare to each other […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-32636","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/32636","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=32636"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/32636\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=32636"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=32636"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=32636"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}