Dogecoin Stumbles Below $0.10 Amid Fading Momentum

Dogecoin's attempts at recovery have been hindered by its inability to sustain gains above the $0.10 threshold.

Following a sharp rebound in Bitcoin and top altcoins, Dogecoin briefly surged past $0.10 but ultimately retreated due to selling pressure and thinner trading volumes.

The decline in open interest to under $1 billion indicates a decrease in investor interest, which could exacerbate any further corrections.