Dogecoin dey near 8 million holders, don pass XRP and USDC as adoption dey rise; DOGE price trend still quiet as network dey grow
Dogecoin (DOGE) dey near 8 million holders, wey dey show say the network dey grow well well according to Santiment on-chain data. Recent data show say DOGE holders don reach about 7.97 million, pass USD Coin (USDC) and XRP for network adoption. Even though Dogecoin don reach this level, e still behind Bitcoin (BTC) and Ethereum (ETH), with Ethereum lead gaily with 148.38 million non-zero addresses. Other big cryptocurrencies like Cardano (ADA), Chainlink (LINK), and Tether (USDT) don also get increase for holders, wey show wider crypto market adoption. DOGE dey trade close to $0.185, down about 3% for the last week. As network adoption dey grow, e good for long-term, but short-term DOGE price still dey low. Important price levels be support for $0.14 and resistance for $0.20 (50-day SMA); if price break these levels, e fit show more volatility. Traders suppose dey watch holder growth and resistance points for signs of future trends.
Neutral
While Dogecoin dey experience big network adoption plus di number of holders dey grow—pass USDC and XRP—di price still dey pressure, e drop about 3% for di past week. Di increase for holders na beta sign for long-term network health and possible future price increase. But di current price movement slow, with strong resistance for $0.20 and support at $0.14. Until dem get clear breakout from these levels, di immediate trading view for DOGE remain neutral, cause increased adoption no yet show for price momentum upward. Traders supposed watch holder trends and resistance points, but no clear bullish or bearish catalyst dey now.