Dogecoin (DOGE) is experiencing a resurgence as the broader crypto market bounces back. The meme coin's open interest has increased by 6%, reaching its precrash levels. Futures traders have committed 8.42 billion DOGE to Dogecoin, indicating renewed interest in the coin. However, volatility continues to be a challenge for DOGE, with its price fluctuating and threatening its support. Despite this, DOGE has decreased its weekly losses to under 16% and is trading at $0.1684, up by 5.13% in the past 24 hours. Binance, OKX, and Bybit are the top three platforms hosting DOGE futures bets. Traders are optimistic about the long-term prospects of DOGE, with the recent IPO filing and the growing number of active Dogecoin addresses indicating positive growth.



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