Dogecoin

<ul><li>IntoTheBlock&#39;s recent data revealed a significant milestone as Dogecoin&#39;s user base crosses 5 million addresses, signaling its rise beyond Bitcoin Ethereum.</li><li>The Dogecoin network experienced a significant surge, boasting over 168,000 active addresses, reaching levels not seen since March 2022.</li><li>The concentration of Dogecoin ownership raises concern as fewer than 5,000 addresses control over 80% of its total supply.</li></ul>In the midst of the ever-evolving crypto landscape, the journey of Dogecoin (DOGE) - once considered a &#34;joke cryptocurrency&#34; - continues to impress onlookers, with recent data indicating a significant rise in adoption rates. This noteworthy development highlights the growing acceptance of cryptocurrencies beyond established industry players like Bitcoin and Ethereum.In a recent X post, IntoTheBlock, an on-chain analytics firm, revealed an unprecedented milestone —the number of cryptocurrency addresses holding DOGE has surpassed the 5 million mark for the first time. This surge in DOGE addresses signifies a growing interest and participation in the digital asset.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/45f8f46e79aa4b8d94db5bdc30f28bbb.png" />Significantly, the Dogecoin network has experienced a remarkable surge in activity, witnessing a surge in active addresses, surpassing 168,000—a level not witnessed since March 2022. Concurrently, the confirmed transactions occurring within the Dogecoin blockchain have surged to their peak levels recorded since June. This remarkable spike reflects an extraordinary <a href="https://blockchair.com/dogecoin/charts/transaction-count" rel="noopener noreferrer nofollow">surge</a>, reaching an astounding 1,000% increase in the last 10 days alone.Read full article at <a href="https://cryptotale.org/?p&#61;27873&amp;preview&#61;true&amp;_thumbnail_id&#61;27874" rel="noopener noreferrer nofollow">CryptoTale.</a>

Dogecoin Surges: Hits 5 Million Addresses Amidst Rising Transaction Activity

CryptoTale

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