The OG meme network was the focus of attention. Dogecoin’s (DOGE), which has seen increased activity in the network over the past few days, is making news. Number of large transactions, and total addresses active have seen a significant spike. The price is currently moving sideways, but the community expects to see an increase in the next few days.
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Dogecoin Price and Market Activity: An Analysis
Dogecoin Price: A Look at the Dogecoin Value
The Dogecoin Network recorded its highest number of addresses active in the last eight months earlier today. Total addresses reached 133 880. This further boosted the DOGE price. The spike in activity can be interpreted positively by some. It shows that the number of users is growing and the interest and involvement with the Dogecoin eco-system are increasing.
Dogecoin had a stable weekend. The meme coin started off the week in a positive note. DOGE’s price was $0.1132 at the time of publication, following a growth of 2% over the previous 24 hours. The asset is currently 84% lower than its previous high, which was $0.737.
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What Should you do? Buy or sell, hold, or buy and then what?
DOGE’s daily trading volume grew along with the rest of its metrics. Trading volume has increased 53% in the last 24 hour, totaling $780 millions. The expectations for October are very high.
According to history, Dogecoin will also experience an increase in value, as well as other assets. Ali Martinez shared an optimistic prediction to help prepare the cryptocurrency community. Expert Ali Martinez pointed out in a post he made on X that Dogecoin had a signal to buy.
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Source: watcher.guru

