Dogecoin Futures Surge 4,858% on Bitmex, Reaching $77.61 Million
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 09 2026- Futures Trading Surge: According to CoinGlass data, Dogecoin's futures trading volume on Bitmex skyrocketed by 4,858% to $77.61 million, reflecting growing investor interest in Dogecoin as a speculative asset, which could drive a price recovery.
- Price Volatility and Rebound: Despite experiencing three consecutive days of declines from January 6 to 8, Dogecoin has slightly rebounded by 0.31% in the last 24 hours, currently priced at $0.14, with an 8.36% increase over the week, indicating cautious optimism in the market regarding its future trajectory.
- Ecosystem Expansion: The corporate arm of the Dogecoin Foundation, House of Doge, announced a strategic partnership with abc Co., Ltd. and ReYuu Japan Inc., aiming to launch a joint fund and promote Web3 development, enhancing Dogecoin's real-world applications and ecosystem in Japan.
- Future Development Plans: House of Doge revealed significant plans for 2026, including the launch of a Dogecoin rewards debit card that will allow users to spend Dogecoin at over 150 million merchants globally, significantly increasing its utility and acceptance in both cryptocurrency and broader financial landscapes.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
