Dogecoin Rebounds to $0.10 as Trading Activity Rises

Dogecoin rose from roughly $0.08 in mid-September to around $0.10 on September 22 and 23, a rebound that brought the cryptocurrency back to a level it had not reached since early June, according to market data cited in reports. Estimates of its seven-day gain varied from about 13% to 25%, reflecting different measurement windows and reporting times.

The rally gathered pace after DOGE traded near $0.08 on September 15 and 16, then moved higher through the following week. On September 21, it briefly traded above $0.09, and by September 22 and 23 it was near the psychologically significant $0.10 mark. The evidence does not establish a single comparable weekly return across all reporting periods.

Trading activity also increased as the price climbed. CoinGlass figures cited in reports put DOGE futures open interest at about $1.64 billion to $1.67 billion, with derivatives turnover reported between roughly $3.05 billion and $5.02 billion. These figures describe active derivatives positioning and trading, but open interest includes both long and short positions and does not by itself show that traders broadly expected prices to rise.

The rally coincided with a wider cryptocurrency...