According to data provided by Whale Alert, a Dogecoin ($DOGE ) address was recently activated for the first time after a whopping 11 years of dormancy.

The address contains 870,019 DOGE tokens that are currently worth nearly $400 million.

The leading meme coin by market capitalization was launched back in 2013, which means that the aforementioned address has been around since the coin's very inception.

The cryptocurrency quickly gained prominence and managed to build a rather passionate online community. In early 2014, the Dogecoin community gained some mainstream media coverage after raising funds to send the Jamaican bobsleigh team to the Winter Olympics.

Instead of fading into obscurity like many prominent altcoins from 2013, Dogecoin ended up becoming bigger than ever in 2021, with its market cap soaring above $90 billion.

What you think about $DOGE? This coin can hit $1 this year or not??