TL;DR
Dogecoin has experienced a 13.8% increase in non-empty wallets over three months, correlating with a temporary spike in its value.
Analysts predict a potential significant rise in DOGE’s price, with targets ranging up to $1, based on current trends and historical performance.
DOGE Investors on the Rise
Despite underperforming recently, some metrics related to Dogecoin have witnessed a solid resurgence. The crypto market intelligence platform Santiment revealed that non-empty DOGE wallets have risen by 13.8% in the last three months.
A significant increase in that figure was recorded at the end of February, coinciding with the time when Dogecoin’s price started heading north. Recall that its value skyrocketed from $0.08 on February 26 to over $0.20 a month later. Currently, DOGE is worth approximately $0.14 (per CoinGecko’s data).
In addition, Santiment revealed how Bitcoin and Cardano performed on that front. BTC non-empty wallets exceeded 53.8 million, representing a 2.
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