🚀Dogecoin (DOGE) markets are not slowing down. Leaving the rest of the crypto ecosystem behind, the OG meme coin is up nearly 4% in the past 24 hours. DOGE has risen from a low of $0.101 to a high of $0.108. After a slight dip, the asset is valued at $0.1075 at press time.
💥Dogecoin's Recent Performance and Network Activity
👉This price increase is linked to network activity in the DOGE market. According to recent data shared by an analyst, the Dogecoin network is “experiencing significant growth.” Ali Martinez reported that there has been a 72% increase in the number of new DOGE addresses over the past week, with the cryptocurrency’s network creating over 19,600 addresses in just one day.
💥Looking at Dogecoin's performance this weekend
👉Dogecoin's hot bull run will remain intact and unbroken by the bears. According to data from Changelly, DOGE will see a slight increase in the coming days. The highest the meme coin will trade is $0.10434 on October 5, 2024.
👉But the asset would close the weekend at $0.103275. While this wasn’t a huge spike, the network was still happy that Dogecoin didn’t fall sharply.
👉However, investors are betting to see DOGE break above 10 cents and reach 12 cents. A drop below 10 cents could be challenging for investors waiting for an uptrend.
