Dogecoin
Why Dogecoin is up 2.0% today
Analysis
Dogecoin (DOGE) rose about 2% over the past 24 hours as traders reacted to derivatives-market signals highlighted in coverage of Dogecoin futures flows. U.Today pointed to an extreme β-717% flow signalβ in DOGE futures, which can draw increased attention and repositioning in the futures market that spills over into spot demand and supports prices.
Contributing Factors (1)
Dogecoin Futures: Interpreting -717% Flow Signal
Dogecoin flows turns red as futures are rapidly descending.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.