DOGE6.93%-> has again caught the market’s attention after it managed to hold above a key support zone and show increased network activity that strengthens its long-term prospects.

1. Dogecoin Network Activity Strengthens Significantly

Early December recorded over 67,000 daily active addresses-the second highest level in three months. This surge came at a time when DOGE stabilized at $0.14 with tight compression between $0.1406 and $0.1450. Repeated bounces off the support zone and a decrease in selling volume signaled the beginning of accumulation by market participants.$DOGE

DOGE

0.12952

-4.54%

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