Dogecoin (DOGE) active addresses soar in a record-breaking growth

Dogecoin (DOGE) active addresses soar in a record-breaking growth
фото показано с : invezz.com

2024-1-30 20:32

The original meme coin, Dogecoin (DOGE), has struggled with bearish price actions. Despite that, the network is witnessing significant growth, with new addresses increasing by an astounding 1,100% within the previous week.

The #Dogecoin network is witnessing a remarkable surge in growth, with new addresses increasing by a staggering 1,100% over the past week!

On January 29 alone, a record-breaking 247,240 new #DOGE addresses were created, marking an all-time high. A sustained uptrend in network… pic.twitter.com/7tNAPzJaP2

— Ali (@ali_charts) January 30, 2024

The project saw 247,240 wallets joining on Jan 29, marking an all-time high.

DOGE network growth despite bearish prices

Dogecoin was among the altcoins that led the bearish ride that plagued the entire cryptocurrency market before the spot Bitcoin ETF approval. Nonetheless, the new address resurgence suggests revived interest from whales and investors in DOGE.

Santiment data shows Dogecoin Active Addresses increased by 12% over the past day to 393,060 at this publication. That indicates increased demand for DOGE and its relevance among crypto enthusiasts. Amplified address activity shows bulls’ favor.

Source – Santiment

Increasing addresses highlight a growing network, which will likely propel DOGE prices in the upcoming days, especially as enthusiasts anticipate a bull run

Dogecoin traded at $0.08155 at press time, following a 0.59% dip within the previous day. The meme coin gained 5.16% over the past week. It remains crucial to witness whether the new addresses would see DOGE recovering from its 10% monthly losses.

Further, real-world use cases such as X-payments integration will cement the token’s status beyond a mere meme, translating to stable growth.

The post Dogecoin (DOGE) active addresses soar in a record-breaking growth appeared first on Invezz

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Growth DeFi (GRO) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.13 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 16.45 (-100%)

growth dogecoin doge addresses new increasing witnessing

Источник: invezz.com

growth dogecoin → Результатов: 126


Dogecoin’s 60% growth over Q2 proves it should be taken seriously – here’s what happened

Dogecoin has been in development since 2013. Its original creators, Billy Markus and Jackson Palmer, wanted to create a cryptocurrency that wasn’t as stuffy or boring as Bitcoin. They wanted to create a digital coin that was fun, in the hope that it would appeal to a much broader audience than conventional cryptocurrencies like Bitcoin.

2019-8-2 16:44


Dogecoin Price: Bearish Pressure Wipes out Nearly 20% of the Recent Gains

All of the top cryptocurrency markets have noted solid growth over the past 24 hours. This is a more than welcome sight, as the past few months have been ultra bearish in every single way. One currency not benefiting from this recent trend is DOGE, as the Dogecoin price continues to face steep declines as […] The post Dogecoin Price: Bearish Pressure Wipes out Nearly 20% of the Recent Gains appeared first on NullTX.

2018-9-14 11:47


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Donald Trump goes pro-crypto for election campaign

During the Trump Cards NFT Gala in Florida, Donald Trump committed to accepting cryptocurrencies for campaign contributions and criticized the current administration's negative stance on digital currencies.

Bank of England partners with FCA for a Sandbox to test Digital Ledger Technology

The Bank of England is teaming up with the UK Financial Conduct Authority (FCA) for a consultation on the draft guidance for a Digital Securities Sandbox. The Sandbox will be used to test the use of distributed ledger technology (DLT) in trading and settling digital securities including bonds and shares. According to the draft guidance […]

Laika Memecoin set for Moon Mission to boost web3 adoption

Solana-based community-driven memecoin project, Laika, is set to go on a Moon Mission sending a dog to Earth’s natural satellite.   The project has set March 20, 2024, as the date for launching Laika into low orbit, but this timeline could change depending on the weather conditions.

GoPlus Security raises $4 million in a series II+ private funding round

GoPlus Security, one of the largest cybersecurity providers in the Web3 industry has raised $4 million in a Series II+ private funding round. The funding round attracted some of the leading venture firms, with the amount going towards fulfilling the firm’s mission in the Web3 industry.