DOGE COIN price crosses $5 in 2025
Yes it's possible
Market Rally Elevates Dogecoin Status
The meme coin's market capitalization soared to $18.6 billion after a 30% rise in value in 24 hours. Futures market data reveals a 50% increase in Dogecoin futures interest, pushing open interest to an unprecedented $1.09 billion. Despite this, market analysts anticipate a potential moderation in market enthusiasm.
In light of the recent decline in exchange-traded fund (ETF) volume, speculation is circulating about possible weekend profit-taking unless the market encounters unexpected developments. The growing interest in Dogecoin futures suggests a strong influx of capital into the asset.
The rise is not limited to Dogecoin alone. Other meme tokens, such as BONK and Shiba Inu, also showed notable activity, echoing the volatility these assets are known for during market uptrends.
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