Bitget App
Mag-trade nang mas matalino
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Mag Buy and Sell ng crypto nang madali
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, Without Going Onchain
Convert & block trade
I-convert ang crypto sa isang click at walang bayad
Explore
Launchhub
Makuha ang gilid nang maaga at magsimulang manalo
Copy
Kopyahin ang elite trader sa isang click
Bots
Simple, mabilis, at maaasahang AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
Isang beginner-to-advanced na paglalakbay sa futures trading
Futures promotions
Generous rewards await
Overview
Iba't ibang produkto para mapalago ang iyong mga asset
Simple Earn
Magdeposito at mag-withdraw anumang oras para makakuha ng mga flexible return na walang panganib
On-chain Earn
Kumita ng kita araw-araw nang hindi nanganganib ang prinsipal
Structured na Kumita
Matatag na pagbabago sa pananalapi upang i-navigate ang mga market swing
VIP and Wealth Management
Mga premium na serbisyo para sa matalinong pamamahala ng kayamanan
Loans
Flexible na paghiram na may mataas na seguridad sa pondo
Market updates
241115: Dogecoin Surges 48% as Traders Eye $1 Milestone

241115: Dogecoin Surges 48% as Traders Eye $1 Milestone

Beginner
2024-11-15 | 5m

241115: Dogecoin Surges 48% as Traders Eye $1 Milestone image 0

Dogecoin (DOGE) surged by 48% within 24 hours, continuing a strong, four-day rally that has stirred hopes of a $1 price target. The memecoin, which briefly exceeded 41 cents for the first time since May 2021, has gained over 150% in the last week and nearly tripled over 30 days. Speculation around Elon Musk’s possible “Department of Government Efficiency” (D.O.G.E) initiative, aimed at streamlining government spending, has fueled bullish sentiment among traders. Musk’s endorsement in the Trump administration has increased DOGE’s visibility and renewed retail interest, triggering extensive media attention. The rally has led to over $68 million in losses for DOGE-tracked futures, with open interest near its highest level since April. For many investors, $1 remains a key psychological target, inspired by memes and the token’s 2021 peak of just above 70 cents. This optimism continues to drive trading volumes and price targets.

Source: CoinDesk

Futures Market Updates

In the past 24 hours, both BTC and ETH futures have seen a decline in trading volume, with BTC futures dropping by 30.27% and ETH futures slightly more at 31.86%. BTC futures maintained higher total open interest at $54.63B, compared to ETH’s $17.06B, though ETH’s open interest saw a larger decrease (-2.60%) than BTC’s (-0.32%). Liquidations were more significant on the BTC side, with $83.71M in long liquidations, whereas ETH long liquidations were lower at $41.63M. Both assets showed a bearish leaning in their long/short ratios, with slightly more shorts for ETH (51.77%) than BTC (51.29%). Funding rates were positive for both, though ETH’s rate was marginally higher at 0.0161% compared to BTC’s 0.0125%.

BTC Futures Updates

Total BTC Open Interest: $54.63B (-0.32%)

BTC Volume (24H): $132.04B (-30.27%)

BTC Liquidations (24H): $83.71M (Long)/$38.42M (Short)

Long/Short Ratio: 48.71%/51.29%

Funding Rate: 0.0125%

Ether Futures Updates

Total ETH Open Interest: $17.06B (-2.60%)

ETH Volume (24H): $46.76B (-31.86%)

ETH Liquidations (24H): $41.63M (Long)/$24.12M (Short)

Long/Short Ratio: 48.23%/51.77%

Funding Rate: 0.0161%

Top 3 OI Surges

PEAQ: $4.48M (+11110.32%)

HIPPO: $26.99M (+118.37%)

UNFI: $4.46K (+114.23%)

Share
link_icon
Paano magbenta ng PIInililista ng Bitget ang PI – Buy or sell ng PI nang mabilis sa Bitget!
Trade na ngayon
Iniaalok namin ang lahat ng iyong mga paboritong coin!
Buy, hold, at sell ng mga sikat na cryptocurrencies tulad ng BTC, ETH, SOL, DOGE, SHIB, PEPE, nagpapatuloy ang list. Mag-register at mag-trade para makatanggap ng 6200 USDT na bagong user gift package!
Trade na ngayon