News / Crypto / Dogecoin Sees Surge in Active Addresses and Whale Accumulation
Dogecoin Sees Surge in Active Addresses and Whale Accumulation
Published: 04.10.2024
The meme-inspired cryptocurrency Dogecoin has recently experienced a significant surge in active addresses, reaching 84,306.
Over the past week, there has been a 72% increase in new Dogecoin addresses, with over 19,600 added in a single day.
Additionally, large holders, or "whales," accumulated over 1.4 billion tokens, adding more than $140 million in value.
Dogecoin has now surpassed 90 million wallet addresses, though one wallet may represent multiple users.
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