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Title: 9.05 Billion Dogecoin (DOGE) in 24 Hours, What’s Happening?
A surge of $1.69 billion in trading volume and a significant decrease of 16.83% is not going unnoticed in the crypto community. The recent data shows that 9.05 billion DOGE have been traded within the last 24 hours, causing a stir among investors and analysts alike.
As we take a closer look at this sudden increase, it’s clear that major exchanges are playing a crucial role in driving open interest. Gate.io holds the top spot with an astonishing 31.48% of the total open interest, committing $590.62 million worth of DOGE to its users.
Binance takes second place, accounting for 2.26 billion DOGE valued at $467.23 million, which translates to a whopping 24.9% of the total open interest. Bybit and Bitget also made significant moves, with their combined efforts contributing a staggering 3.42 billion DOGE worth $729.45 million.
While it’s essential to consider the potential impact of these trading figures on the DOGE market, investors should also keep in mind the unpredictability that is inherent in the crypto space.
Source: https://u.today/905-billion-dogecoin-doge-in-24-hours-whats-happening
