'Dogecoin Setting Up Nice For Its Next Run' Says Doge Expert: 890,000 New Dogecoin Addresses Created In 7 Days
Portfolio Pulse from Khyathi Dalal
Dogecoin (DOGE) has seen a significant increase in new addresses, with over 890,000 created in the past week, indicating a surge in network activity and adoption rate. The upcoming SpaceX Doge-1 moon mission is generating optimism about Doge's price potential. Dogecoin's price has gained 2.2% over the past week, with a slight 0.1% increase in the last 24 hours. Speculation is growing that Dogecoin will be used as a currency following the approval of a money transmitter license for X in 19 states. Experts and fans are predicting a bullish future for Doge, with potential price movements discussed.
February 01, 2024 | 10:07 pm
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POSITIVE IMPACT
Dogecoin has experienced a notable increase in network activity and optimism due to the upcoming Doge-1 moon mission, with a 2.2% price gain over the past week.
The significant increase in new Dogecoin addresses and the upcoming SpaceX Doge-1 mission contribute to a positive outlook for Dogecoin's price. The recent price gain and optimistic predictions from experts and fans further support a bullish short-term impact.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100