Speculation on dogecoin is back to October 2025 levels. The price is down 70%
Futures positioning has rebuilt to levels last seen when dogecoin traded at three times today’s price, and more than three accounts are betting on a rebound for every one betting against.
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Summary
- Dogecoin’s price has slumped to about 7 cents, down nearly 70% over the past year, even as leveraged futures bets on the token have surged.
- Open interest in DOGE futures has climbed to about $1.21 billion, with speculative positions in coin terms now close to October 2025 levels despite the much lower price.
- Long positions heavily outnumber shorts on major exchanges like Binance and OKX, raising the risk of forced liquidations and additional selling if prices fall further.
