Dogecoin open interest rates above $ 3 billion, should bulls control?

Dogecoin Open Information has taken up on the peaks in July to reduce the lower levels of the Price Drop held in August. This solid decrease has arrived with the price of the uniform market that has not seen investors to take the standard situation in the market. In this report, we look at the dogetCooin Open interest and how to make last week, may have been a price back.
Dogecoin Open interest over $ 3 Billion
Dogecoin’s open interest is further high Although not breaking high-level high-time levels. Back in January 2055, open interest was reached $ 5.5 billion, which lasts its highest quality yet, before crashing down. Then, on July 2025, it seemed that the peak passed me. However, moon’s height was $ 5.35 billion before turning back again.
After July Peaks, there has been a drop of 40% in the Dogecoin’s open interest than August. To date, however, the open interest is managed to sit at a rate of $ 3 billion, suggesting that it is still great interest in the MEME coin.
Looking on the restoration of open interest, crash from the beginning of August Lows, Dogecoin price may look at following. Historically, the highest interest seasons have been accompanied by meetings, the practice has been kept over time. This is also evident in the conversion that has dominated an open interest recently, as the price is properly integrated.

Could the price of Dote be viewed?
If you look at Dogecoin’s history’s performance in August, it shows that no coin can be beaten or missing. There was a further red closure of this month compared to three years of age, over the last three years with red burns, data from the ciginglass shows.
However, there has been some doomcoin bullish giraffe in this month after the fastest jump, too tolerating 7% increase. If the prices of Bitcoin and Edereum continues to meet, then the memo-character may be up to the tandem and August’s month were slows in the year 2021 in Reving a year.
Picture entered from Dall.e, Chart from TradingView.com

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