Despite Dogecoin (DOGE) prices having fallen by nearly 70% in the past year, currently hovering around 7 cents, the open interest in its futures market (denominated in coins) has rebounded to levels last seen in October 2025. At that time, Dogecoin was trading at approximately 25 cents. Currently, on cryptocurrency exchanges like Binance, the number of long (bullish) accounts is more than three times that of short (bearish) accounts, indicating an increased willingness to take risks in the market despite price weakness.