$DOGE Trader Buys $2M Worth of Dogecoin Call Options As Meme Coin Market Heats Up

The $2 million purchase of call options is seen as a bullish bet on dogecoin.

The contract will expire in 16 days, in which time DOGE has to rise by 31% to avoid expiring worthless.

Dogecoin last touched $0.22 in March, but hasn't surpassed that level since November 2021.