The Dogecoin recent surge in price and network activity is attracting attention, with increased active addresses and large holders.
has been drawing attention lately due to a surge in both price and network activity. With increased active addresses and notable net inflows, analysts are closely monitoring DOGE’s potential for sustained upward momentum.An increase in active addresses typically indicates growing interest and transaction activity on the Dogecoin network, suggesting a broader participation base among holders and traders.
In most cases, net inflows suggest that traders and larger holders may be preparing to sell or engage in high-volume trades. However, the market has absorbed Dogecoin’s recent inflows without spiking volatility, pointing to strong buying interest and market resilience. This influx of significant investments provides a price cushion, stabilising DOGE’s recent gains and reducing the risk of sharp sell-offs.also supports a bullish scenario. The Moving Average Convergence Divergence indicator shows a recent crossover into positive territory, signaling a potential momentum shift.
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