TL;DR
Dogecoin’s price surged past $0.20, with market cap nearing $30 billion, driven by increased trading volume and active addresses.
The rally coincides with speculative whale movements and endorsements from public figures like Elon Musk.
Dogecoin (DOGE) – often cited as the first meme coin – currently stands out as one of the market’s best performers.
Its price has spiked by over 30% on a weekly scale, surpassing the $0.20 mark for the first time since December 2021. DOGE’s market capitalization inches toward the $30 billion level, making it the ninth biggest cryptocurrency.
DOGE Price, Source: CoinGecko
Key indicators related to the asset’s ecosystem have taken off, too. According to IntoTheBlock, aggregated daily volume (where each transaction is larger than $100K) has jumped by nearly 100%. Daily active addresses are also on the rise, registering a 13% increase.
DOGE trading volume for the past 24 hours has been impressive. CoinGecko’s data shows that the figure
We współpracy z: https://cryptopotato.com/important-for-dogecoin-this-metric-jumps-by-almost-100-amid-doge-rally-details/
