Dogecoin (DOGE) Value Soars by 13% Following Unprecedented Surge in Network Activity

• Dogecoin recently experienced a significant surge in network activity, with the addition of 28,000 new addresses in a single day.
• The increase in network activity coincided with a 13% increase in Dogecoin’s price within a 24-hour period.
• The surge in Dogecoin’s network activity and price comes amid a general crypto market comeback following the release of weaker-than-expected job data.

Dogecoin’s network activity and price surge, marking a notable development in the crypto market. This article delves into the details of this development and its potential implications.

Dogecoin’s Remarkable Network Activity Surge

According to on-chain data analytics IntoTheBlock, Dogecoin recently experienced a significant surge in network activity. The number of new Dogecoin addresses increased sharply, with 28,000 addresses created on May 2 alone. This represents a 102% increase from the monthly low set on Monday. This spike in network activity... Read the full article for FREE at COINOTAG!