Dogecoin price rebounded to $0.40 on Wednesday, up 10% from its 20-day low of $0.36 the day before 📈. The number of DOGE wallets increased by 60,000 between December 2 and December 11, indicating an influx of new traders buying the asset on the decline 🚀.

The technical indicator Volume Delta points to a significant increase in market liquidity supporting the rebound 💹. Analysis of DOGE on-chain data shows that many participants took advantage of the correction in the crypto market to buy the coin at favorable levels 🐶💰.

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