Dogecoin Derivatives Volume Surges over 90% Amid DOGE ETF Speculation

The post Dogecoin Derivatives Volume Surges over 90% Amid DOGE ETF Speculation appeared first on Coinpedia Fintech News

Dogecoin is witnessing an epic surge in trading activity as the volume of derivatives on DOGE has increased by more than 90% in the last 24 hours. The turnover of Dogecoin perpetual futures has reached the $1.69 billion mark, almost doubling from the day before. Furthermore, the volume of DOGE trading on the spot market increased by 64.99% to $1.05 billion. Summing up, there’s a figure of around $2.7 billion for DOGE turnover across various markets. The increased attention on Dogecoin is likely due to market speculation and renewed rumors of a potential DOGE ETF.