On-chain data shows Dogecoin has reached a new milestone as the meme coin now has over 5 million addresses that are holding some tokens in their balance.

Dogecoin Has Observed Both Adoption And Usage Recently

Dogecoin은 최근 채택과 사용을 모두 관찰했습니다

According to data shared by the market intelligence platform IntoTheBlock, there are now more than five million DOGE addresses that hold DOGE tokens.

시장 정보 플랫폼 IntoTheBlock이 공유한 데이터에 따르면 현재 DOGE 토큰을 보유하고 있는 DOGE 주소는 500만 개가 넘습니다.

As displayed in the above graph, the total number of investors on the Dogecoin network has observed a sharp increase recently, suggesting that the meme coin has been observing accelerating adoption.

위 그래프에서 볼 수 있듯이, Dogecoin 네트워크의 전체 투자자 수는 최근 급격한 증가를 보였습니다. 이는 밈 코인의 채택이 가속화되고 있음을 나타냅니다.

Generally, adoption is a constructive sign for the long-term outcome of any cryptocurrency, as it builds a solid foundation for sustainable moves to take place in the future.

일반적으로 채택은 미래에 지속 가능한 움직임을 위한 견고한 기반을 구축하므로 암호화폐의 장기적인 결과에 대한 건설적인 신호입니다.

Interestingly, adoption isn’t the only thing the asset has observed recently; the user activity on the blockchain has also observed an uplift, as the chart of another indicator shared by the analytics firm shows.

The above graph displays the data of the “daily active addresses,” which is an indicator that keeps track of the daily total number of unique Dogecoin wallets that are participating in some kind of transaction activity on the blockchain, whether as a receiver or sender.

The number of active addresses could be assumed to be about the same as the number of unique users using the network, so the metric can provide us with hints about how the trader activity is looking right now.

활성 주소의 수는 네트워크를 사용하는 고유 사용자 수와 거의 동일하다고 가정할 수 있으므로 측정항목은 현재 거래자 활동이 어떻게 진행되고 있는지에 대한 힌트를 제공할 수 있습니다.

From the chart, it’s apparent that this indicator has seen rapid growth recently, which may not be that surprising as the new addresses popping up with balance would have to make at least one transaction to receive the said balance, leading them to also be counted under the indicator.

That said, the indicator’s rise has been still quite extraordinary, so obviously, not all this user activity would be coming from just the newcomers; existing users are also likely more active than usual.

그렇긴 하지만, 지표의 상승은 여전히 ​​아주 특별하기 때문에 분명히 이 모든 사용자 활동이 신규 사용자에게서만 나오는 것은 아닙니다. 기존 사용자도 평소보다 더 활동적일 가능성이 높습니다.

Historically, a large number of users being active has resulted in the perfect environment for some volatility, as these investors making moves simultaneously can create waves large enough to shift the market.

While this active userbase can provide the fuel required for a rally, it’s not certain that the volatility Dogecoin will observe would be of this type; bearish price action has also resulted from this trend in the past.

이 활성 사용자 기반은 집회에 필요한 연료를 제공할 수 있지만 Dogecoin이 관찰할 변동성이 이러한 유형일지는 확실하지 않습니다. 약세 가격 조치도 과거의 이러한 추세로 인해 발생했습니다.

However, considering the high amount of adoption that the meme coin is also observing at the moment, chances are certainly looking in favor of the cryptocurrency. Even if a bearish trend does follow right now, Dogecoin may still be able to turn it around in the future.

DOGE Price

Dogecoin had neared the $0.082 mark yesterday, but it would seem the asset has taken a hit since this local top as it has now plunged towards $0.078.

Dogecoin은 어제 0.082달러에 근접했지만 현재 0.078달러로 급락했기 때문에 이 지역 정상 이후 자산이 타격을 입은 것으로 보입니다.