Key Notes

Tesla shareholders approved Musk's compensation plan with over 75% support, potentially making him the first trillionaire.

Dogecoin outperformed major cryptocurrencies while Bitcoin and Ethereum posted losses of 2% and 3% respectively.

Derivatives markets showed a 41% surge in trading activity with open interest rising 10.5% on November 7.

Dogecoin DOGE $0.18 24h volatility: 11.8% Market cap: $27.12 B Vol. 24h: $2.77 B price rallied 6.5% to reach $0.17 on Nov. 7, outperforming top digital assets as Elon Musk won Tesla board approval for his record-breaking $1 trillion compensation plan. The rally followed a prolonged legal dispute that had delayed Musk’s payout.

Dogecoin price outperforms top 10 cryptocurrencies on Nov. 7, 2025 | Source: Coin

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