Odaily Planet Daily News, Bernd Sischka, Chief Business Officer of PowerTrade, a derivatives exchange, said that a trader bought a call option on Dogecoin (DOGE) worth $2 million with a strike price of $0.22 on Wednesday. The current trading price of DOGE is $0.166. The purchased call option will expire on June 14th, which means that this popular meme coin must rise by more than 31% for the trade to be profitable.

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