The altcoin market rush is pushing Dogecoin to touch an all-time high. The crypto is standing steady at $0.1204 after experiencing a massive push in its price triggered by the latest Bitcoin bull run.
In a new development, Dogecoin’s Mainnet is notably experiencing a surge in holders. This entails that Dogecoin is becoming attractive to users in terms of investment.
As Doge continues to expand its ecosystem through renewed interest and momentum, the crypto is trading at a new two-year high.
Also Read: Dogecoin (DOGE) Up 50% This Week, Is Its All-Time High in Play?
Dogecoin Mainnet Surge in Holders: What Does That Entail?
The Bitcoin bull run has rejuvenated the cryptocurrency market to a new level. Renewed interest in altcoins suggests the momentum of keen users making the most of this latest rush. Doge in particular is attracting a credible rush of holders, as pointed out by a crypto maverick “CEO” on X.
Per the chart shared by the analyst, Dogecoin can be seen ascending in terms of holders, signifying growing interest and investment by users in the crypto.
Another notable crypto analyst, Yomi on X, shared another update on Doge, sharing a parallel approach by comparing the charts of Doge and BTC.
Yomi noted how the Doge and BTC charts have been projecting what’s known as a macro double bottom. This development entails an asset’s major change in trading analytics from a prior down move.
Additionally, Yomi later shared how this development is poised to assist Doge in ascending high in terms of its value.
Also Read: Dogecoin Forecasted To Surge 250%
Dogecoin Trades at a Two-Year High
The price of doge has skyrocketed nearly 30% in the last 24 hours, trading at $0.12 at press time. The last time Dogecoin was up at $0.12 was nearly two years ago.
Doge’s recent price ascent has largely been correlated with Bitcoin’s latest bull run. The price of BTC touched $63K in the last 24 hours.
Furthermore, social intelligence firm Lunar Crush has noted how Doge’s social dominance score has surged nearly by 600% in the last 24 hours.
Credit: Source link
Bitcoin 
Ethereum 
Tether 
Solana 
BNB 
XRP 
Dogecoin 
USDC 
Lido Staked Ether 
Cardano 
TRON 
Wrapped Bitcoin 
Shiba Inu 
Toncoin 
Avalanche 
Wrapped stETH 
Bitcoin Cash 
Sui 
WETH 
Chainlink 
Polkadot 
Pepe 
LEO Token 
Stellar 
Litecoin 
NEAR Protocol 
Aptos 
Wrapped eETH 
Uniswap 
USDS 
Cronos 
Hedera 
Internet Computer 
Ethereum Classic 
Bonk 
Kaspa 
Render 
Ethena USDe 
WhiteBIT Coin 
POL (ex-MATIC) 
Bittensor 
Dai 
Artificial Superintelligence Alliance 
MANTRA 
dogwifhat 
Monero 
Stacks 
Arbitrum 
Filecoin 
OKB 
