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#GT #BTC #XRP #ETH #DOGE Is there a buzz about DOGE ETF?
What is next for the price of Dogecoin with active addresses rising by 800% amid the DOGE ETF hype
The DOGE cryptocurrency is defending the support level at $0.20, after the decision by the ( SEC ) to recognize 21Shares' ETF filing for DOGE sparked hopes of a recovery despite the market's downturn. Daily active trading addresses have risen to their highest level in several months, but with the price of DOGE declining by 5% over 24 hours to $0.22 at the time of publication, what is the future of this digital currency?
The price of DOGE defends the level of $2.20 as the number of active addresses reaches 674,000.
The price of DOGE fell to 0.22 USD on Thursday after dropping from its intraday high of 0.238 USD. This decline coincided with Bitcoin's drop to 101,000 USD, raising concerns about a return to levels below 100,000 USD and the end of the recent bullish wave.
Nevertheless, DOGE traders continue to trade after the number of active addresses increased by more than 800% over the past two days, from 74,000 to 674,000. These addresses are recording their highest level since November 2024.🔥🔥📈💯