Doge contributor says BTC halving will make market movements weird, especially with high liquidity flow from new market participants. Dogecoin will see increased exposure to the US market following its futures listing on Coinbase. Meme frenzy could resume as a trader gained more than 69,500% from trading a meme token. A Dogecoin contributor warned the DOGE community on Thursday to desist from derivatives trading due to the high volatility that may occur as the Bitcoin halving approaches.
Also read:Dogecoin rises to highest price since 2021 after spike in transaction volume He cited examples of how the emergence of new market participants, their high liquidity flow, and increasing trading volume have changed market dynamics compared to previous cycles. Leverage and derivatives compound the high-risk crypto trading to a high level, and many players in that arena look at Doge as one of the ultimate playgrounds, said @Mishaboar.
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