Dogwifhat, a Solana-based cryptocurrency, has experienced a significant surge in price. This increase follows a broader market recovery. The Dogwifhat price has shown a steady ascending trend, similar to other cryptocurrencies, which are also experiencing a rebound.
WIF Derivatives Open Interest Spikes
Aligning with the Dogwifhat price rise, notable increase across various metrics have been noted for WIF in the derivatives market. According to Coinglass data, trading volumes have climbed by 15.89%, reaching a remarkable $2.07 billion. This uptick reflects heightened market engagement and liquidity.
Similarly, open interest, which indicates the total number of outstanding derivative contracts, has risen by 45.09% to $246.52 million. This growth underscores investors’ robust interest in derivatives trading, suggesting a bullish outlook on underlying assets and broader market dynamics.
Source- Coinglass
Dogwifhat Price Gains Momentum
Over the past 24 hours, Dogwifhat price experienced a
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