In the past six weeks, the Dogecoin price has experienced a significant recovery of 40%, resulting in more than half of all DOGE addresses returning to a profitable state.

Address Activity Spikes: 22.3% Increase in Just Seven Days

Active addresses within 24 hours from IntoTheBlock
Active addresses within 24 hours. Source: IntoTheBlock

Active addresses have risen by approximately 22.3% in the past seven days. Additionally, new addresses have seen a remarkable increase of around 53.28%. While the number of DOGE addresses without any coins has also grown by 17.47%

Telegram Sentiment Remains Positive

Telegram user Dogecoin by IntoTheBlock

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Author: Ryan James

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