Dogecoin

Coin

<ul class="news-points"> 
 <li><strong>Dogecoin is experiencing a surge in new addresses at a very fast rate.</strong></li> 
 <li><strong>Adoption of Doginals and speculation that the coin would be a payment option for X could be driving the hike.</strong></li> 
 <li><strong>DOGE might continue to move between $0.077 and $0.080 in the short term.</strong></li> 
</ul> 
<p>According to the crypto analysis tool, ‘Santiment’ on X, over 413,000 <a href="https://coinedition.com/dogecoin-doge-price-analysis-can-the-coin-retest-0-09/">Dogecoin (DOGE)</a> wallets holding 0.001 to 1 DOGE have been created within the last two weeks. This development marks the fastest growth rate of the memecoin since its inception.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f436.png" alt="🐶" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://twitter.com/hashtag/Dogecoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Dogecoin</a>'s value is -23% since its top on Dec. 9th. But the <a href="https://twitter.com/hashtag/memecoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#memecoin</a>'s wallets with &gt;0 <a href="https://twitter.com/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$DOGE</a> coins has been growing at the fastest rate in the network's decade long history. 413.8K new wallets, mostly holding 0.001-1 <a href="https://twitter.com/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$DOGE</a>, have been added in 2 weeks. <a href="https://t.co/GjDghuB9H9" target="_blank" rel="nofollow">https://t.co/GjDghuB9H9</a> <a href="https://t.co/l6Pv0KvkKW" target="_blank" rel="nofollow">pic.twitter.com/l6Pv0KvkKW</a></p>— Santiment (@santimentfeed) <a href="https://twitter.com/santimentfeed/status/1754692279934374330?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">February 6, 2024</a>
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<p>Reportedly, this network growth has come despite the decrease in DOGE’s price. Since December 9, the price of DOGE has decreased by 23%. However, the increase in the metric suggests that user adoption is high, and could be linked to several reasons.&nbsp;</p> 
<h2 class="wp-block-heading" id="h-two-factors-probably-at-play"><strong>Two Factors Probably At Play</strong></h2> 
<p>Although unconfirmed, the su…</p>
<p>The post <a href="https://coinedition.com/dogecoin-makes-history-is-the-bearish-phase-about-to-change/">Dogecoin Makes History: Is the Bearish Phase About to Change?</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Dogecoin Makes History: Is the Bearish Phase About to Change?

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