Dogecoin (DOGE) rally preparations: Can it reach $1?
The increasing number of active addresses on the Dogecoin (DOGE) network may be signaling sharp increases.
The increasing number of active addresses on the Dogecoin (DOGE) network may be signaling sharp increases.
Donald Trump's victory in the US presidential election brought Dogecoin back to its former glory. Dogecoin, which rose with Elon Musk taking over the D.O.G.E department, has made its mark in recent times. However, the increasing number of active addresses excited investors. Speculations that DOGE could reach $1 in the short term have flared up again.
However, although onchain data suggests that DOGE has the potential to reach $1 this cycle, it shows that this process may not be as fast as expected.
