DOGE rose by 2.3% over the past 1 hour, and Binance open interest increased by 2.2%.
BIBIBI
AT A GLANCE
DOGEUSDT rose 2.3% over the past 3600 seconds, while Binance open interest increased 2.2%.
Article
🇨🇳 🟢 [DOGEUSDT] Binance open interest +2.2%, over the past 3600 seconds the price rose 2.3%, open interest: 311100000 USD, open interest/market capitalization ratio: 2.0%, 24-hour price change: +14.0%
🇺🇸 🟢 [DOGEUSDT] Binance open interest +2.2%, Price +2.3% in the past 3600 seconds, OI: $311.1M, OI/Marketcap ratio: 2.0%, 24H Price Change: +14.0%
💰 Market Capitalization
DOGE MarketCap: 15.4B
Key points
01
DOGEUSDT rose 2.3% over the past 3600 seconds.
02
Binance open interest increased 2.2%.
03
Open interest was 311100000 USD.
04
The open interest-to-market capitalization ratio was 2.0%.
05
The 24-hour price change was +14.0%.
06
DOGE market capitalization was 15.4B.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
The monitoring information shows that DOGEUSDT price and Binance open interest rose together. Open interest is the value of contracts that have not yet settled, but the data alone do not explain why the price rose or what happens next.
Why it matters to readers
The simultaneous increases in price and open interest show that both price and the amount of unsettled positions in the derivatives market rose and can be used to observe short-term market activity.
Beginners can treat it as a market-activity alert and should not decide whether to buy or sell based on this data set alone.
Risks and unknowns
The source does not explain the data collection method or its accuracy.
The source does not state whether a causal relationship exists between the increase in open interest and the price gain.
The source provides no long-versus-short direction, trading volume, or liquidation data.
The source does not further explain the unit notation in “15.4B.”
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.