Trader Buys 2M Dogecoin Call Options as Meme Coin Market Heats Up

Trader Buys 2M Dogecoin Call Options as Meme Coin Market Heats Up

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Source: Coindesk.com

The purchase of two million call options is seen as a bullish bet on dogecoin. The contract will expire in 16 days, in which time DOGE has to rise by 31% to avoid expiring worthless. Dogecoin last touched $0.22 in March, but hasn't surpassed that level since November 2021.

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The post "Trader Buys 2M Dogecoin Call Options as Meme Coin Market Heats Up" appeared first here Coindesk.com.

Source: Coindesk.com

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