Dogecoin has shown remarkable performance by breaking above $0.36, marking a 13% gain within just 24 hours. This rise has allowed it to outperform other known meme coins such as SHIB and PEPE.
The open interest in DOGE futures has surged significantly by $570 million in three days, bringing the total to $3.81 billion. This shows substantial speculative interest in the cryptocurrency.
Technical indicators suggest a continued bullish momentum, with possible resistance anticipated at $0.40, while support levels remain critical to monitor for future movements.