
Bitcoin futures open interest surged from $16.41B to $24.43B, a 49% increase, as Bitcoin's price rose from $42.5K to $56.6K. Dogecoin ($DOGE) saw a 32% increase, hitting a $17.5 billion market cap with $DOGE futures open interest reaching a record $1B, up over 54% in 24 hours.

DOGE FUTURES OPEN INTEREST HITS $1B DOGE rose up to 40% amid Bitcoin's rally to $63,000, as traders continue to use memecoins as ecosystem bets on their respective blockchains. Open interest in DOGE futures reached $1 billion, up over 54% since Wednesday. Source: CoinDesk https://t.co/kIUn2k4zbn
$DOGE futures hit a record $1B in open interest, surging over 54% in just 24 hours. An increase in open interest means new or extra money entering the market. Data shows 70% of traders are long DOGE – expecting it to go higher. https://t.co/e1NsuLnID8
Open interest, or the amount of unsettled bets, on $DOGE futures, increased over 54% since Wednesday, setting a lifetime record of $1 billion. By @shauryamalwa. https://t.co/9GGVVUDZcz