Dogecoin Sees 95% Drop In Network Activity—Trouble Ahead?

Dogecoin, the industry’s premier meme coin, has consistently led most altcoins in price performance in recent months. However, it faces its toughest challenge amidst falling network activity and a price slump. According to an analyst, Dogecoin experienced a massive 95% drop in active addresses on its network, suggesting a considerable decline in activity. #Dogecoin $DOGE…

Technical Indicator Shows Ongoing Rally For Dogecoin Despite Bearish Developments

Dogecoin is holding firm above major support at $0.22 despite repeated threats to break below in the just concluded week. Amidst these fluctuations, an interesting technical indicator suggests that Dogecoin’s long-term rally is still intact. This technical indicator’s outlook was pointed out by crypto analyst Trader Tardigrade, who used the Gaussian Channel, a popular momentum…