The active address of Dogcoin (DOGE) exceeded 100000 for the first time in 2023

According to the latest data from Bitinfocharts, the active addresses of Dogcoin (DOGE) exceeded 100000 levels for the first time in 2023. Specifically, since August 2022, 9 months ago, this number has never reached a similar level


According to the latest data from Bitinfocharts, the active addresses of Dogcoin (DOGE) exceeded 100000 levels for the first time in 2023. Specifically, since August 2022, 9 months ago, this number has never reached a similar level.

Under the strong promotion of Dogefather himself, the initial meme coins rose by nearly 30% in early April. In addition, ElonMusk's Twitter platform has replaced the iconic Blue Bird blog with Doge memes. Subsequently, during the upcoming launch of SpaceX by Musk, the token reached a price point of almost $0.09.

DOGE reaches the active address milestone

Dogcoin has first driven the growing relevance of the meme industry. It is important to have a very enthusiastic community, and the concept of meme coins has cultivated some important participants in the digital asset industry, including the beloved ShibaInu.

Now, there has been an important development in Dogcoin, with its active address exceeding 100000 for the first time in 2023. In addition, data shows that the network has supported over 47000 daily users. In addition, the number of network addresses remained above 55000 this month.

This trend may mean various things, including increased market sales and increased interest in blockchain networks. Subsequently, CryptoPotato stated that these events may lead to an increase in demand for the assets themselves.

The price of dog coins has almost doubled from $0.049 in June 2022. In addition, the impact of Elon Musk's antics on the price trend of the asset cannot be underestimated. Subsequently, many DOGE investments
Waiting for tokens to integrate into social media platforms. However, it is uncertain whether this hope will become a reality.

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