DOGE Ascends Over 100% in Past Week, Traders Set $1 Price Target

Dogecoin continued its strong rally for the fourth-straight day with a price jump over 100% in the past week, triggering a $1 price target. DOGE-tracked futures saw over $68 million in cumulative losses. Those liquidations were the largest for the dog-themed token so far this year, with open interest nearing a lifetime record from April. CoinDesk's Christine Lee presents the "Chart of the Day."