The memecoin Dogecoin (DOGE) witnessed a sharp decline, falling below the $0.13 mark due to intense spot selling pressure. This downward movement has sparked a considerable rise in derivative markets, with BitMEX recording a staggering 53,000% increase in DOGE futures trading volume, amounting to $260 million.
Continue Reading:Dogecoin’s Unexpected Market Dynamics Captivate Traders
Source: https://en.bitcoinhaber.net/dogecoins-unexpected-market-dynamics-captivate-traders