According to reporting from CoinDesk, speculation on dogecoin has returned to levels last seen in October 2025.
Despite the dogecoin price being down 70% from its previous levels, futures positioning has rebuilt to match the October 2025 levels, when dogecoin traded at three times its current price.
Notably, the rebuild in futures positioning indicates that more than three accounts are betting on a rebound for every one betting against it, suggesting a significant amount of speculation on the potential for dogecoin's price to rise.