Dogecoin falls below the $0.13 mark, with a surge in derivatives trading volume

Dogecoin price has fallen below the $0.13 mark, with intensified spot market sell-offs and a significant increase in derivatives trading activity, indicating traders are expecting higher volatility. Dogecoin futures trading volume has surged by 53,000% to $260 million, reflecting rising market expectations for volatility. If Dogecoin can reclaim the $0.13 level, a short squeeze rebound may occur; otherwise, it could face further declines.