The price of Dogecoin has been in the rebound, with Bitcoin stuns towards its high levels of all time once again. The break of $ 110,000 triggered an Altcoin race after Ethereum’s price moved 10% in a single day, and by extension, Dogecoin also continued with a rebound of more than 5%. However, the volume of the MEME currency has not increased as high as expected, and this could suggest a low market share of the investors who extend this time.
Dogecoin’s volume still silenced
Despite the rebound towards $ 0.2, the volume of Dogecoin has not seen a notable duration of jump this time. In fact, the volume remains well below the levels seen in May and continues to tend on the registered levels of the market decrease. This could mean that Dogecoin is simply following the market management and is not necessarily driven by its own factors.
According to Coinglass data, Dogecoin’s daily negotiation volume remains below $ 5 billion. This is low compared to the levels to which Doge negotiation volume has increased, rapid recovery rust times.
For the context, in February, Dogecoin’s daily trade volume had increased above the $ 10 billion brand while the market fought. Then, in May 2025, the MEME currency had crossed the $ 10 billion brand once, when the market had recovered and dege pushed above $ 0.25
However, until now in the month of June, Dogecoin’s negotiation volume has not yet crossed the $ 10 billion brand, just after almost two weeks in the month. The highest daily volume recorded so far for the month is $ 5.89 billion on June 6, driven by the shorters when the market collapsed.
Open interest show without notable movements
Along the same lines as Doge’s daily trade volume, Dogecoin’s open interest has not registered any duration of notable movements this time. Since the beginning of the months, the open interest in Memes currency has remained quite stable, which scored around $ 2 billion in a daily base.
This suggests that cryptographic merchants are not making movements and opening more positions at the same time. He also points out the fact that investors are waiting to see what the market does before making their movements. As of June 11, Dogecoin’s open interest was at $ 2.11 billion, an average decrease of $ 2.5 billion recorded at the end of May.
Editorial process For Bitcoinist, he focuses on the delivery of content completely investigated, precise and impartial. We maintain strict supply standards, and each page undergoes a diligent review of our technology experts and experienced editors. This process guarantees the integrity, relevance and value of our content for our readers.