Crypto: Dogecoin Reaches New Heights, But Watch Out For The Drop!
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Dogecoin is making headlines again. After a spectacular rise, the famous memecoin seems poised to reach new heights, fueled by the enthusiasm of crypto investors and the undeniable influence of Elon Musk. But behind this surge lies a crucial question: is it the calm before the storm?
An Excessive Enthusiasm for Dogecoin
Dogecoin, the memecoin par excellence, seems to have regained its legendary popularity. Its open interest in futures reached an impressive record of 4.6 billion dollars on November 23.
This figure, doubling the previous peak, reveals a spectacular…
