Dogecoin experts say “Dogecoin is ready for its next run”: 890,000 new Dogecoin addresses created in 7 days.
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Data from IntoTheBlock shows that more than 890,000 new Dogecoin addresses were created in the past seven days. Network activity also increased, with new adoption peaking at 86% as new users completed their first transactions.
Dogecoin gained 2.2% over the past week, pushing the price closer to $0.08. Prices edged up just 0.1% in the past 24 hours.
X's money transfer licenses have been approved in 19 states, bringing the company closer to a decision on XPayments' master plan. This has also fueled speculation that Dogecoin will soon function as a currency.
Dogecoin fan TOPDOGE tweeted: “Dogecoin is ready for the next run.” In another tweet, TOPDOGE added that Dogecoin will once again break through $0.75, shocking everyone.
Another expert, TheDogeCoach, said that while a rise is inevitable, timing is key. A chart shown by TheDogeCoach suggests further pullbacks are likely, "otherwise we will continue the uptrend we started last year."
