The Dogecoin network has seen a significant 72.29% surge in new addresses, with about 19,630 new wallets added in the past week.
This spike in wallet creation corresponds with Dogecoin’s price appreciation, potentially signaling further growth.
Large transaction volumes have risen by 52.1%, indicating heightened interest from major players.
The increase is evident across all holder tiers, particularly for those holding between 100 million and 1 billion DOGE.