Dogecoin Activity Surges as 395K Wallets Reactivate Amid Price Downtrend

Dogecoin has seen a notable increase in activity from late February to the present day despite its price being in a downtrend. This surge hints at a potential accumulation phase as investors might be seizing opportunities at discounted levels.

Currently, around 395,000 Dogecoin wallets have reactivated, sparking interest among traders and analysts alike. This activity may indicate growing confidence in Dogecoin’s long-term potential.