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Dogecoin Surges, Elon Musk's X Payments in Sight
Description
Dogecoin surges, hitting record highs as open interest in futures soars, with traders piling in with fresh leverage. Major exchanges like Binance, Bitget, Bybit, and OKX see significant open interest. Big holders snap up over 500 million Dogecoin, and on-chain action picks up steam. Elon Musks X payments push fuels speculation, but Dogecoin trades more like an attention magnet than a payments play. Futures markets are heating up, but leverage cuts both ways if momentum shifts.
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