Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Bitcoin reaches a new highlight of $ 107K – Can BTC retain the win?

2025-05-20

Bitcoin still cannot close daily candle above $ 106k after 8 failed attempts in 2025

2025-05-20

Bitcoin briefly surpasses $ 106k for withdrawal, analyst sees stable momentum

2025-05-20
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Basic kit transactions rise as DEX volume approaches $ 400 billion milestone

    2025-05-20

    Taiko Alethia launches the most expected Pacaya Hardfork -upgrade on MAINNET

    2025-05-20

    Weaver Labs stimulates AI-led decentralized connectivity, joins Imagen Network

    2025-05-19

    Cdari works together with Laika Ai to strengthen blockchain -intelligence about chains

    2025-05-19

    Vitaminai and Blocx partner to stimulate security and productivity by bridging Web2 and Web3

    2025-05-19
  • NFT

    Guild of Guardians leads with a huge volume of $ 796.62k

    2025-05-20

    Solana Meme Coin Ponke Set to release assembly objects, clothing via Jcorp Spinout

    2025-05-19

    The most popular collections of the moment on blockchain

    2025-05-18

    Raoul Pal sees NFT market exploding when Ethereum Bull Cycle is approaching

    2025-05-17

    Ethereum is at the top of the charts in weekly NFT sales with $ 44.7 million in sales volume

    2025-05-16
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    Bitcoin still cannot close daily candle above $ 106k after 8 failed attempts in 2025

    2025-05-20

    Solana (SOL) keeps land in tight reach – Traders looking at Directional Cue

    2025-05-20

    Graph signal running to new ATH

    2025-05-19

    BlackRock’s Buidl to Power Bouncebit’s new RWA Yield Strategy Platform

    2025-05-19

    Finish Bitcoin price inches in the direction of all time-can Momentum?

    2025-05-19
  • Learn

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-10
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Altcoins»Major Dogecoin Transaction Volume Explodes 41%, Daily Addresses Surge 35%, Catalyst for Rise to $1?
Altcoins

Major Dogecoin Transaction Volume Explodes 41%, Daily Addresses Surge 35%, Catalyst for Rise to $1?

2025-01-10No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

This article is available in Spanish.

Dogecoin (DOGE), the world’s first and largest meme coin, has seen a notable increase in activity in recent days. According to recent market data Dogecoin’s large transaction volume has skyrocketed by more than 41%, while daily active addresses have increased by more than 35%. These developments, which indicate an increase in interest among large-scale token holders, could act as a catalyst to push the Dogecoin price towards the coveted $1 mark.

Increase in Dogecoin transaction volume and daily addresses

In the crypto market, large-scale transactions involving significant amounts of a specific cryptocurrency are often associated with entities known as ‘whales‘, who execute strategic moves that have the potential to influence market trends. Recently IntoTheBlock revealed that Dogecoin has registered a massive increase in its large transaction volume, skyrocketing an impressive 41.12% to $23.35 billion.

Related reading

This significant increase in Dogecoin’s large transaction volume suggests this increased involvement and activity among players with deep pockets. Furthermore, the sharp rise could indicate growing interest from institutional investors or whales who see potential in the meme coin’s future trajectory.

Dogecoin 1
Source: IntoTheBlock

According to ITB data, there is also a remarkable event spike in Dogecoin daily active addresseswith a 34.91% increase indicating wider adoption and an increase in the number of meme coins network activity.

As a blockchain metric, daily active addresses measure the number of unique wallet addresses involved in transactions of a given cryptocurrency within 24 hours. An increase in the daily active address of a cryptocurrency like Dogecoin often suggests that more users are engaging with the network, whether investing, trading or transacting.

See also  Institutional XRP Holdings Rise Rapidly Following Ripple's Win Over SEC

Despite this strong metric activity, The price of Dogecoin has fallen by more than 2.2% in the last 24 hours and down to $0.33. Nevertheless, ITB reports that Dogecoin remains “largely bullish,” a sentiment that contrasts with continued market volatility and price swings. Interestingly, this bullish optimism could indicate that the rise in Dogecoin’s on-chain statsBoth the high transaction volume and daily active addresses could be a potential catalyst for a price rebound.

Could this push DOGE to $1?

Although Dogecoin faced regular backlash speculative characterits ability to maintain relevance and growth in the crypto market should not be overlooked. Dogecoin’s increase in high transaction volume and daily active addresses could be an early indicator of a broader trend shift, potentially signaling the rise of the meme coin. next upward rally.

Related reading

While IntoTheBlock has labeled these increases in Dogecoin’s on-chain metrics as ‘bullish’, break past $1 will likely require more external catalysts and a change in current market conditions. Crypto analyst Trader Tardigrade has done this, for example predicted that Dogecoin could rise to the $1 benchmark very soon.

Dogecoin 2
Source:

However, the meme coin’s recent pullback could act as a bullish springboard, as the analyst has stated that a retracement often precedes a huge price rise.

Dogecoin price chart from Tradingview.com
DOGE price moves above $0.335 | Source: DOGEUSDT on Tradingview.com

Featured image created with Dall.E, chart from Tradingview.com

Source link

Addresses Catalyst Daily Dogecoin explodes Major Rise Surge Transaction Volume
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Bitcoin still cannot close daily candle above $ 106k after 8 failed attempts in 2025

2025-05-20

Bitcoin briefly surpasses $ 106k for withdrawal, analyst sees stable momentum

2025-05-20

Basic kit transactions rise as DEX volume approaches $ 400 billion milestone

2025-05-20

Trump’s tax assessment is progressing in the congress – good for the adoption of crypto?

2025-05-20
Add A Comment

Comments are closed.

Top Posts

Bitcoin Approaches $100,000: Can ETF Demand a Selloff?

2024-11-23

Circle’s Jeremy Allaire Says US on the Cusp of ‘Powerful’ Stablecoin Regulation That Will Boost Crypto Industry

2023-09-12

Binance CEO Richard Teng asked to appear before the Nigerian commission

2024-03-03
Editors Picks

XRP Price Remains Within Range: Can It Escape Consolidation?

2024-09-25

Hungary issues a bill allowing banks to offer crypto services

2024-03-01

Characterx and KLK Foundation unite to provide the future of AI and Web3 Finance with electricity

2025-02-22

Bitcoin: Will the Upcoming Halving Change BTC’s Fortunes?

2024-02-12
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Bitcoin reaches a new highlight of $ 107K – Can BTC retain the win?

Bitcoin still cannot close daily candle above $ 106k after 8 failed attempts in 2025

Bitcoin briefly surpasses $ 106k for withdrawal, analyst sees stable momentum

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$105,127.402.28%
  • ethereumEthereum(ETH)$2,507.203.97%
  • tetherTether USDt(USDT)$1.000.01%
  • rippleXRP(XRP)$2.340.91%
  • binancecoinBNB(BNB)$643.300.55%
  • solanaSolana(SOL)$166.212.56%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.2203691.57%
  • tronTRON(TRX)$0.2734883.70%
  • cardanoCardano(ADA)$0.730.00%
  • suiSui(SUI)$3.814.34%
  • chainlinkChainlink(LINK)$15.642.92%
  • avalanche-2Avalanche(AVAX)$22.101.99%
  • stellarStellar(XLM)$0.2837450.90%
  • hyperliquidHyperliquid(HYPE)$26.062.62%
  • shiba-inuShiba Inu(SHIB)$0.0000141.03%
  • hedera-hashgraphHedera(HBAR)$0.1936823.21%
  • unus-sed-leoUNUS SED LEO(LEO)$8.701.53%
  • bitcoin-cashBitcoin Cash(BCH)$388.811.33%
  • the-open-networkToncoin(TON)$3.052.13%
  • polkadotPolkadot(DOT)$4.560.95%
  • litecoinLitecoin(LTC)$93.27-2.62%
  • moneroMonero(XMR)$348.751.09%
  • bitget-tokenBitget Token(BGB)$5.14-0.01%
  • daiDai(DAI)$1.000.00%
  • pepePepe(PEPE)$0.0000130.40%
  • piPi(PI)$0.732.31%
  • ethena-usdeEthena USDe(USDE)$1.00-0.02%
  • aaveAave(AAVE)$262.6218.97%
  • bittensorBittensor(TAO)$413.755.53%
  • uniswapUniswap(UNI)$5.820.89%
  • nearNEAR Protocol(NEAR)$2.731.57%
  • aptosAptos(APT)$5.092.09%
  • okbOKB(OKB)$51.87-0.14%
  • kaspaKaspa(KAS)$0.1125877.45%
  • ondo-financeOndo(ONDO)$0.933.59%
  • ethereum-classicEthereum Classic(ETC)$18.161.93%
  • internet-computerInternet Computer(ICP)$5.121.36%
  • official-trumpOFFICIAL TRUMP(TRUMP)$13.265.70%
  • gatechain-tokenGateToken(GT)$21.390.80%
  • crypto-com-chainCronos(CRO)$0.0959172.07%
  • mantleMantle(MNT)$0.740.70%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.227831-1.38%
  • render-tokenRender(RENDER)$4.573.90%
  • vechainVeChain(VET)$0.0274991.10%
  • ethenaEthena(ENA)$0.3692625.03%
  • usd1World Liberty Financial USD(USD1)$1.00-0.09%
  • arbitrumArbitrum(ARB)$0.3900034.65%
  • algorandAlgorand(ALGO)$0.2191202.21%
  • filecoinFilecoin(FIL)$2.811.39%
  • bitcoinBitcoin(BTC)$105,127.402.28%
  • ethereumEthereum(ETH)$2,507.203.97%
  • tetherTether USDt(USDT)$1.000.01%
  • rippleXRP(XRP)$2.340.91%
  • binancecoinBNB(BNB)$643.300.55%
  • solanaSolana(SOL)$166.212.56%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.2203691.57%
  • tronTRON(TRX)$0.2734883.70%
  • cardanoCardano(ADA)$0.730.00%
  • suiSui(SUI)$3.814.34%
  • chainlinkChainlink(LINK)$15.642.92%
  • avalanche-2Avalanche(AVAX)$22.101.99%
  • stellarStellar(XLM)$0.2837450.90%
  • hyperliquidHyperliquid(HYPE)$26.062.62%
  • shiba-inuShiba Inu(SHIB)$0.0000141.03%
  • hedera-hashgraphHedera(HBAR)$0.1936823.21%
  • unus-sed-leoUNUS SED LEO(LEO)$8.701.53%
  • bitcoin-cashBitcoin Cash(BCH)$388.811.33%
  • the-open-networkToncoin(TON)$3.052.13%
  • polkadotPolkadot(DOT)$4.560.95%
  • litecoinLitecoin(LTC)$93.27-2.62%
  • moneroMonero(XMR)$348.751.09%
  • bitget-tokenBitget Token(BGB)$5.14-0.01%
  • daiDai(DAI)$1.000.00%
  • pepePepe(PEPE)$0.0000130.40%
  • piPi(PI)$0.732.31%
  • ethena-usdeEthena USDe(USDE)$1.00-0.02%
  • aaveAave(AAVE)$262.6218.97%
  • bittensorBittensor(TAO)$413.755.53%
  • uniswapUniswap(UNI)$5.820.89%
  • nearNEAR Protocol(NEAR)$2.731.57%
  • aptosAptos(APT)$5.092.09%
  • okbOKB(OKB)$51.87-0.14%
  • kaspaKaspa(KAS)$0.1125877.45%
  • ondo-financeOndo(ONDO)$0.933.59%
  • ethereum-classicEthereum Classic(ETC)$18.161.93%
  • internet-computerInternet Computer(ICP)$5.121.36%
  • official-trumpOFFICIAL TRUMP(TRUMP)$13.265.70%
  • gatechain-tokenGateToken(GT)$21.390.80%
  • crypto-com-chainCronos(CRO)$0.0959172.07%
  • mantleMantle(MNT)$0.740.70%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.227831-1.38%
  • render-tokenRender(RENDER)$4.573.90%
  • vechainVeChain(VET)$0.0274991.10%
  • ethenaEthena(ENA)$0.3692625.03%
  • usd1World Liberty Financial USD(USD1)$1.00-0.09%
  • arbitrumArbitrum(ARB)$0.3900034.65%
  • algorandAlgorand(ALGO)$0.2191202.21%
  • filecoinFilecoin(FIL)$2.811.39%