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Business & Economics

Dogecoin Sees $3B in Open Interest as Bears Defend $0.25

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Summary
Nutrition label

64% Informative

Dogecoin ( DOGE ) price is down 1.94% today , signaling a struggle to overcome the $ 0.25 resistance level.

Open interest for DOGE has hit $3.03 billion , surging by $280 million from a low of $2.75 billion .

$ 280 M short positions could be wiped out on breakout, risking $ 62 M short liquidations.

VR Score

44

Informative language

30

Neutral language

49

Article tone

formal

Language

English

Language complexity

37

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not offensive

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Time-value

short-lived

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