The price of Dogecoin (DOGE) has declined, breaking through a support level and reaching $0.123, according to a CoinDesk report. This drop is attributed to year-end selling pressure impacting the cryptocurrency. Despite the price decrease, open interest in Dogecoin futures has increased, surpassing $1.5 billion, suggesting that futures traders are maintaining their exposure to the meme coin. The development indicates continued activity in the Dogecoin market despite the price downturn.

The price of Dogecoin (DOGE) has declined, breaking through a support level and reaching $0.123, according to a CoinDesk report. This drop is attributed to year-end selling pressure impacting the cryptocurrency. Despite the price decrease, open interest in Dogecoin futures has increased, surpassing $1.5 billion, suggesting that futures traders are maintaining their exposure to the meme coin. The development indicates continued activity in the Dogecoin market despite the price downturn.