Dogecoin’s Open Interest Takes a Nose Dive: Will It Bounce or Keep Falling? 😏

The data from Coinglass-like that one friend who’s always oversharing-reveals Dogecoin’s open interest has nose-dived from the $6.01 billion high it hit back on September 13, to a pitiful $1.8 billion. That’s roughly a 70% decline in just three months. Ah, the beauty of markets: one moment at the top of the world, the next rummaging through its pockets for loose change. The last time open interest was this low, it was April 2025, when everyone was busy declaring their allegiance to Trump’s tariffs. Coincidence? I think not.





