Dogecoin (DOGE) is seeing a resurgence in its popularity, with its on-chain activity spurring up with activity after a period of relative lull.

The number of addresses holding Dogecoin (DOGE) surpassed five million on November 27th, marking a significant milestone. According to data from on-chain analytics firm IntoTheBlock, this surge in adoption is accompanied by a notable increase in user activity on the Dogecoin network.

도지코인(DOGE) 보유 주소 수가 11월 27일 500만 개를 돌파하며 중요한 이정표를 세웠습니다. 온체인 분석 회사인 IntoTheBlock의 데이터에 따르면 이러한 채택 급증은 Dogecoin 네트워크의 사용자 활동이 눈에 띄게 증가함을 동반합니다.

• The number of active addresses has more than doubled, reaching 168,000, the highest since March 2022.
• The total number of addresses with a balance has also reached a new peak at 5.11 million this week, as per IntoTheBlock’s latest update.
• Additionally, confirmed transactions on the Dogecoin blockchain have spiked, experiencing a remarkable 1,000% increase in the past 10 days, hitting the highest level since June.

또한 Dogecoin 블록체인에서 확인된 거래가 급증하여 지난 10일 동안 놀라운 1,000% 증가를 경험하여 6월 이후 최고 수준을 기록했습니다.

• Dogecoin has experienced a slowdown in its price after declining by more than 10% from $0.086 to the press time price of $0.077 in a span of 10 days.

Dogecoin은 10일 동안 0.086달러에서 보도 시점 가격 0.077달러로 10% 이상 하락한 후 가격 하락세를 경험했습니다.

• However, the rise in on-chain activity reflected a growing interest in the popular meme coin from institutional investors and large holders, hinting at a potential surge in value in the coming days.
• As reported by CryptoPotato, a considerable amount of previously dormant Dogecoin stored in older wallets has been transferred recently, indicating a potential shift in the asset’s price trajectory.
• However, amidst the positive trend, a concern arises as 4.8 million wallets, holding 1.5% of the total Dogecoin supply, exert control over the cryptocurrency’s price.

그러나 긍정적인 추세 속에 전체 도지코인 공급량의 1.5%를 차지하는 480만 개의 지갑이 암호화폐 가격을 통제하고 있다는 우려가 나온다.

• IntoTheBlock suggests that this surge in activity is likely driven by Dogecoin “Doginals,” which do not require a significant on-chain balance of DOGE.

The post Dogecoin’s On-Chain Surge: Over 5 Million Addresses Now Hold DOGE appeared first on CryptoPotato.

Dogecoin의 온체인 급증: 현재 500만 개 이상의 주소가 보유 DOGE가 CryptoPotato에 처음 등장했습니다.