Dogecoin Active Addresses Surge 990% Amid Coinbase’s cbDOGE Plans

The Dogecoin network is experiencing a resurgence in activity and investor interest, signaling the early signs of a potential new bull cycle for the DOGE price. Meanwhile, the broader crypto market remains bullish, with Ethereum (ETH) outperforming Bitcoin, prompting speculation that an altcoin season may be imminent. Dogecoin Network Records Rising Activity: What is Driving The Surge? Data on Glassnode shows that Dogecoin active addresses rose from 61,892 on May 7 to 674,527 as of May 14. This represents a surge of nearly 990% in a week, suggesting renewed user engagement and transactional volume source: https://beincrypto.com/dogecoin-network-surge-bull-cycle/