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Can DogeCoin [DOGE]’s surge in network activity mean something for its price

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In the last two months, the popular meme coin, Dogecoin [DOGE], logged a 256% uptick in the number of unique addresses that traded the Elon-backed coin daily, as per latest data. <p lang=«en» dir=«ltr» xml:lang=«en»>#Dogecoin price dropped ~15% in the last 2 months, from $0.082 to $0.068.

Meanwhile, the # of new daily $DOGE addresses surged by 265%, from 14.47K to 38.43K new addresses per day. The increasing network growth is a positive sign, which could soon be reflected in #DOGE price.

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