Dogecoin Starts Year Strong as Open Interest Surges in the Futures Market

Open interest on Dogecoin climbs 11.96% to 13.58B DOGE as futures activity accelerates, with the price advancing toward $0.125 and trading volume rising.

Rich by Coin

2026-01-02

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Dogecoin’s futures activity intensified on Jan 1, with on-chain data showing open interest rising to 13.58 billion DOGE, up 11.96%, signaling mounting investor confidence. CoinGlass data shows 3.58 million DOGE were committed to its futures in the last 24 hours, suggesting traders expect a major price rebound in the new year. The surge in the asset’s open interest, which has also triggered an increase in its trading price, suggests that holders are anticipating a major price rebound in the new year. The surge in Doge’s futures activity suggests that investors are increasingly betting on a potential surge in the price of Dogecoin, which could drive the asset to reclaim previous highs.

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As bullish momentum within the Dogecoin ecosystem continues to build, investors are willing to pour in more capital into the leading meme token, propelling it for a big rally in January. The price rose from a low of $0.1162 to $0.125 on Jan 1, and 24-hour trading volume jumped 96.51%, with a 3.31% gain in the last 24 hours. Gate.io and Binance traders have shown the most interest as they account for 28.09% and 20.81% of total open interest, respectively.