Dogecoin (DOGE) showed a strong bullish sentiment with a funding rate of 0.0092%, significantly higher than other major cryptocurrencies. This indicates a premium paid by long investors to short investors.
Bitcoin (BTC) traded at $105,011, up 0.337%, while Ethereum (ETH) was at $2,536.93, up 0.598%. Solana (SOL) was trading at $146.10, down 0.68%.
The high funding rate for Dogecoin suggests optimism, but also increases the risk of liquidation. Investors should watch the market closely for potential price corrections. (Source: Glassnode, Coinlore, DigitalCoinPrice, CoinCu, Watcher Guru)