#DOGE UPDATE
Sustained Growth of Dogecoin Wallets: A Positive Sign for the Community According to on-chain analytics firm Santiment, the number of Dogecoin wallets with positive balances has increased by 13.8% over the past three months, despite a recent flattening trend after a sharp increase at the beginning of the year. This increase indicates that Dogecoin user activity remains strong, underscoring the cryptocurrency's enduring appeal. Despite the price remaining within a fairly stable range, the Dogecoin community remains involved and may even expand. The non-empty wallet movement coincides with the Dogecoin Foundation's efforts to promote adoption of the cryptocurrency. In late March, the Foundation launched version 1.0 of GigaWallet, a backend service that offers an integration API for platforms such as online stores, exchanges, and social media platforms. Thus enabling programmatic transactions on Dogecoin. Although the price of Dogecoin has shown signs of consolidation, trading in a narrow range, the increase in non-empty wallets is a positive sign. It implies that the community is not only driven by speculative trading, but also includes users who believe in the long-term value of DOGE.DOGE rose by 2.82% in the last 24 hours, reaching around $0.149, showing a slight rebound after yesterday's drop to the lows of $0.142.
With a market capitalization of $21.49 billion, Dogecoin remains the eighth largest cryptocurrency, sustaining its place among the market leaders.
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