Dogecoin

Despite the price of Dogecoin (<a href="https://finbold.com/cryptocurrency/dogecoin/" rel="noopener noreferrer nofollow">DOGE</a>) dropping in the last three months and another meme-inspired <a href="https://finbold.com/cryptocurrencies/" rel="noopener noreferrer nofollow">cryptocurrency</a>, Pepe (<a href="https://finbold.com/jokes-aside-pepe-surges-120-to-become-worlds-3rd-largest-meme-coin/" rel="noopener noreferrer nofollow">PEPE</a>), <a href="https://twitter.com/3orovik/status/1653191338945290243" rel="noopener noreferrer nofollow">overtaking</a> it in 24-hour <a href="https://finbold.com/guide/cryptocurrency-trading/" rel="noopener noreferrer nofollow">trading</a> volume during the previous day, the number of its holders has continued to grow, increasing close to 8% over the past 90 days.As it happens, there were a total of 4,824,266 unique addresses holding <a href="https://finbold.com/guide/buy-dogecoin-with-paypal/" rel="noopener noreferrer nofollow">Dogecoin</a> in the network at press time, as opposed to 4,484,703 on February 2, 2023, according to the <a href="https://coinmarketcap.com/currencies/dogecoin/holders/" rel="noopener noreferrer nofollow">data</a> that Finbold retrieved from the <a href="https://finbold.com/guides/cryptocurrency/" rel="noopener noreferrer nofollow">crypto</a> market monitoring platform <a href="https://finbold.com/guide/best-crypto-data-websites/#CoinMarketCap" rel="noopener noreferrer nofollow">CoinMarketCap</a> on May 2.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/d4a171a6e04944cab3ad9b091f95700d.png" />Dogecoin holders over last 3 months. Source: <a href="https://coinmarketcap.com/currencies/dogecoin/holders/" rel="noopener noreferrer nofollow">CoinMarketCap</a>In other words, DOGE has gained 339,563 new holders in three months, which is an increase of 7.57% during this period, despite some setbacks for its price, which has seen it decline 15% in the last 90 days, dropping from $0.09215 on February 2 to $0.07832 at press time.<h2 id="header-0">Dogecoin price analysis</h2>Specifically, Dogecoin’s current price also demonstrates a decrease of 0.66% on the day, 0.63% across the previous week, 4.25% in the last month, as well as 2.71% over the past 60 days. Since the year’s turn, however, the meme digital asset has increased by 11.42% compared to its price of $0.07029 on January 1, 2023, as per the most recent chart data retrieved by Finbold on May 2.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/073ddda7684f4113a7d85b3da44a76a3.png" />Dogecoin 3-month price chart. Source: <a href="https://finbold.com/cryptocurrency/dogecoin/" rel="noopener noreferrer nofollow">Finbold</a>As it happens, DOGE is currently facing tough competition as new meme digital coins enter the <a href="https://finbold.com/category/cryptocurrency-news/" rel="noopener noreferrer nofollow">crypto landscape</a>, and the likes of Pepe (PEPE), Floki (<a href="https://finbold.com/cryptocurrency/floki/" rel="noopener noreferrer nofollow">FLOKI</a>), Tamadoge (<a href="https://finbold.com/cryptocurrency/tamadoge/" rel="noopener noreferrer nofollow">TAMA</a>), Baby Doge Coin (<a href="https://finbold.com/cryptocurrency/baby-doge-coin/" rel="noopener noreferrer nofollow">BABYDOGE</a>), and Dogelon Mars (<a href="https://finbold.com/cryptocurrency/dogelon-mars/" rel="noopener noreferrer nofollow">ELON</a>), threaten to overshadow both Dogecoin and Shiba Inu (<a href="https://finbold.com/cryptocurrency/shiba-inu/" rel="noopener noreferrer nofollow">SHIB</a>) with their possibly <a href="https://finbold.com/the-next-shib-5-meme-coins-with-potential-for-massive-growth-in-2023/" rel="noopener noreferrer nofollow">massive growth in 2023</a>.Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.Read more cryptocurrency news on <a href="https://finbold.com/category/cryptocurrency-news/?utm_source&#61;CMC&amp;utm_medium&#61;social&amp;utm_campaign&#61;CMC&amp;utm_content&#61;long" rel="noopener noreferrer nofollow">Finbold.com</a>.

DOGE adds 340k new holders in 3 months as investors flock to load their bags

Table of Contents

Finbold

Outros artigos publicados em 2 de mai. de 2023

IMD Smart City Index: Abu Dhabi Retains Top Spot as MENA Smartest City for Third Consecutive Year

Fake Token Allocation Project Scams Target XRP Community to Steal Their Funds

Coinbase Launches Perpetual Derivates Exchange in Bermuda

Why Cryptopia is Building an Eternal Game

EMG Launches the World’s First Web3 Telco Super App - Built on Blockchain

4 AI Altcoins Gems to Make New Millionaires

Join our free newsletter for daily crypto updates!