.dogecoin closes Q1 on a positive note, here's how Q2 performance can soar
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Despite this relatively poor performance, after a deeper look at the Dogecoin on-chain metrics, it will be that more than 54% of addresses holding the meme coin are in profit at the moment. This figure corresponds to a total of 2.33 million addresses, leaving just about 41% in loss.This metric makes it evident that despite the gloom covering the industry in the past three months, the addresses that held onto their DOGE are largely being rewarded. Depending on the yardstick used to measure performance, Dogecoin will not fare badly.
This lends credence to the fact that core Dogecoin developers must do all they can to be more innovative and introduce new utilities that can drive intense adoption of the highly speculative asset. Shiba Inu and Shibarium are advancing the reach of their ecosystem through targeted partnerships with high-growth brands around the world. With more potential
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