Dogecoin seems to be back on track after huge surge in its trading volume
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While this is not one of those great comebacks you expect for DOGE, it still appears to be a notable jump that has the potential to turn the tide. But the most important thing is that Dogecoin traders are coming back to the market. It is a good sign as rising trading activity is one of those things that the meme coin needs to sustain an upward rally.Another positive thing happening for DOGE is that traders have started to take their strategic positions. Per CoinGlass data, the coin has a 7.
Notably, this rising OI is seen on some of the most notable crypto trading platforms. Out of the total of $643.30 million, $174.75 million comes from Bybit, $167.62 million from Binance and $75.83 million from OKX, among others. This means the DOGE is seeing rising activity on almost all of the top exchanges.and Pepe . This sector was also hit hard by the recent crypto market slump.
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