The crypto market remains in a sideways trend, with major assets struggling to gain momentum, and Dogecoin is no exception. Despite a slight 0.19% dip in the past 24 hours and a 3.95% weekly decline, DOGE continues to show resilience, reflecting the broader consolidation phase.
Market analysts predict that Dogecoin Price Prediction around $0.39 driven by growing adoption and improving market sentiment.
DOGE Price Performance
According to Coinpedia, Dogecoin (DOGE) is currently trading at $0.1612. It hit an all-time high of $0.7316 on May 8, 2021, and an all-time low of $0.04869 on May 6, 2015.
While DOGE remains down 77.97% from its peak, it has still delivered a remarkable 185,394.49% gain from its lowest point, highlighting its long-term recovery strength and investor interest.
Dogecoin Sees Surge in Activity and Social Buzz
Fresh on-chain data from Santiment points to a growing bullish trend for Dogecoin. The number of active addresses has seen a notable increase since June 21, signaling renewed user engagement and transactional activity on the network.
This spike in participation reflects rising interest and improving sentiment across the DOGE community.
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