Monday, August 25, 2025
No Result
View All Result
Coin Digest Daily
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations
Marketcap
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations
No Result
View All Result
Coin Digest Daily
No Result
View All Result

Dogecoin Growth Hits Roadblock As Holder Activity Enters Dreaded Period Of Stagnancy

19 March 2024
in Bitcoin
Reading Time: 3 mins read
0 0
A A
0
Home Bitcoin
Share on FacebookShare on Twitter


The Dogecoin (DOGE) community has entered a interval of stagnancy, because the variety of addresses holding the meme coin has slowed. This can be a stark distinction to February and January, when the community skilled a important growth. 

Dogecoin Has Added Solely 60,000 New Addresses In March

Knowledge from the market intelligence platform Santiment exhibits that the full variety of DOGE holders has elevated by solely 60,000 for the reason that starting of this month. Firstly of the month, 6.51 million customers had been holding the meme coin, with this determine solely growing to six.57 million since then.

That is not like February when the full variety of DOGE holders rose from 5.92 million to six.51 million. Particularly, round this similar time final month, the community had already seen a rise of 450,000 within the whole variety of addresses holding DOGE. In the meantime, NewsBTC reported that over 400,000 new addresses had been added in two weeks between January and February. 

Dogecoin additionally set a brand new file in January alone when 247,240 new DOGE addresses had been created on January 29. Crypto analyst Ali Martinez famous {that a} sustained uptrend within the community’s growth “might quickly replicate positively” on DOGE’s worth. That underscores how important the variety of addresses holding the meme coin is. 

The stagnancy in Dogecoin’s holder exercise may additionally come as a shock to some within the crypto neighborhood, contemplating the meme coin frenzy that has taken the crypto house by storm. Nevertheless, a believable clarification is that meme coin merchants aren’t essentially invested within the distinguished meme tokens however have their eyes on the undervalued gems. 

How Different Prime Meme Cash Have Fared

Knowledge from Santiment additionally exhibits that the opposite two meme cash, Shiba Inu (SHIB) and Pepe (PEPE), which make up the highest three largest meme cash by market cap, haven’t fared higher. Shiba Inu hasn’t seen its holder rely enhance for the reason that starting of the month, with the full variety of customers holding the meme coin nonetheless at 1.38 million. 

Then again, PEPE nonetheless has lower than 200,000 holders regardless of boasting a year-to-date (YTD) acquire of over 370%. These figures place DOGE firmly forward of SHIB and PEPE when it comes to the variety of customers all of them have. Dogecoin is anticipated to see its consumer base choose up as soon as once more as quickly as there’s a renewed curiosity in community functionalities just like the Doginals. 

On the time of writing, DOGE is buying and selling at round $0.12, down virtually 14% within the final 24 hours, in line with information from CoinMarketCap. 

DOGE worth at $0.12 | Supply: DOGEUSDT on Tradingview.com

Featured picture from Vietnam Insider, chart from Tradingview.com

Disclaimer: The article is supplied for instructional functions solely. It doesn’t signify the opinions of NewsBTC on whether or not to purchase, promote or maintain any investments and naturally investing carries dangers. You’re suggested to conduct your personal analysis earlier than making any funding choices. Use info supplied on this web site completely at your personal threat.



Source link

Tags: activityDogecoinDreadedentersgrowthHitsHolderPeriodRoadblockStagnancy
Previous Post

Immersive Spaces: Expert Roundtable – XR Today

Next Post

XR Leaders Speak on Samsung, LG, Apple Entering XR Device Marketplace – XR Today

Related Posts

Bitcoin Hyper Presale Explodes: Whales Buy $52K in One Day
Bitcoin

Bitcoin Hyper Presale Explodes: Whales Buy $52K in One Day

25 August 2025
Analyst Says Solana Price Is At The Gates Of Massive Breakout, Here’s The Target
Bitcoin

Analyst Says Solana Price Is At The Gates Of Massive Breakout, Here’s The Target

25 August 2025
2025 YTD: Fewer Bitcoin Transfers, Far Lower Fee Share Versus 2024 – Learning – Insights Bitcoin News
Bitcoin

2025 YTD: Fewer Bitcoin Transfers, Far Lower Fee Share Versus 2024 – Learning – Insights Bitcoin News

25 August 2025
Hacker Moves Loot: Over 38,000 Solana Purchased With Stolen Crypto
Bitcoin

Hacker Moves Loot: Over 38,000 Solana Purchased With Stolen Crypto

25 August 2025
Ether Soars In August—But Will September Spoil The Party?
Bitcoin

Ether Soars In August—But Will September Spoil The Party?

24 August 2025
Wall Street’s Crypto Titans: Billions in Bitcoin and Ethereum Stashed Away – Crypto News Bitcoin News
Bitcoin

Wall Street’s Crypto Titans: Billions in Bitcoin and Ethereum Stashed Away – Crypto News Bitcoin News

24 August 2025
Next Post
XR Leaders Speak on Samsung, LG, Apple Entering XR Device Marketplace – XR Today

XR Leaders Speak on Samsung, LG, Apple Entering XR Device Marketplace - XR Today

LQWD Partners with Amboss as Key Lightning Network Liquidity Provider

LQWD Partners with Amboss as Key Lightning Network Liquidity Provider

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
FTT jumps 7% as Backpack launches platform to help FTX victims liquidate claims – CoinJournal

FTT jumps 7% as Backpack launches platform to help FTX victims liquidate claims – CoinJournal

19 July 2025
PENDLE token goes live on BeraChain and HyperEVM to expand cross-chain utility – CoinJournal

PENDLE token goes live on BeraChain and HyperEVM to expand cross-chain utility – CoinJournal

30 July 2025
A Russian Hacking Group Is Using Fake Versions of MetaMask to Steal $1M in Crypto – Decrypt

A Russian Hacking Group Is Using Fake Versions of MetaMask to Steal $1M in Crypto – Decrypt

10 August 2025
Ethereum Reclaims $4,600 With Unprecedented $1 Billion In Spot ETF Inflow

Ethereum Reclaims $4,600 With Unprecedented $1 Billion In Spot ETF Inflow

13 August 2025
XRP Price Blasts Higher by 10%, Bulls Eye Even Bigger Gains

XRP Price Blasts Higher by 10%, Bulls Eye Even Bigger Gains

8 August 2025
PEPE Gears Up For 120% Move As Indicators Point To An End Of Decline | Bitcoinist.com

PEPE Gears Up For 120% Move As Indicators Point To An End Of Decline | Bitcoinist.com

8 August 2025
Bitcoin Hyper Presale Explodes: Whales Buy $52K in One Day

Bitcoin Hyper Presale Explodes: Whales Buy $52K in One Day

25 August 2025
xAI Hit With Lawsuit From Ethereum Gaming Network Xai

xAI Hit With Lawsuit From Ethereum Gaming Network Xai

25 August 2025
The Recent OKB Token Rally and Its Strategic Drivers

The Recent OKB Token Rally and Its Strategic Drivers

25 August 2025
Blockchain.News Makes History: First AI-Powered Web3 Media Brand Listed on MINAX

Blockchain.News Makes History: First AI-Powered Web3 Media Brand Listed on MINAX

25 August 2025
Analyst Says Solana Price Is At The Gates Of Massive Breakout, Here’s The Target

Analyst Says Solana Price Is At The Gates Of Massive Breakout, Here’s The Target

25 August 2025
Solana (SOL) Closes Above $200 Mark, Bulls Aim for Another Breakout

Solana (SOL) Closes Above $200 Mark, Bulls Aim for Another Breakout

25 August 2025
Facebook Twitter Instagram Youtube RSS
Coin Digest Daily

Stay ahead in the world of cryptocurrencies with Coin Digest Daily. Your daily dose of insightful news, market trends, and expert analyses. Empowering you to make informed decisions in the ever-evolving blockchain space.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Web3

SITEMAP

  • About us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Coin Digest Daily.
Coin Digest Daily is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations

Copyright © 2024 Coin Digest Daily.
Coin Digest Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoinBitcoin(BTC)$111,019.00-3.14%
  • ethereumEthereum(ETH)$4,574.97-3.43%
  • rippleXRP(XRP)$2.93-2.56%
  • tetherTether(USDT)$1.000.01%
  • binancecoinBNB(BNB)$853.66-1.03%
  • solanaSolana(SOL)$196.02-3.93%
  • usd-coinUSDC(USDC)$1.000.00%
  • staked-etherLido Staked Ether(STETH)$4,563.19-3.47%
  • tronTRON(TRX)$0.350836-3.71%
  • dogecoinDogecoin(DOGE)$0.218515-4.93%