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DOGE’s $5B Volume vs. $5M Utility: The Speculative Bubble No One’s Talking About News ETHNews

Summary by ethnews.com
Dogecoin active addresses hit 650K, a 6-month high, signaling retail speculation amid $0.226 price consolidation. NUPL metric shows most DOGE holders profitable; resistance at $0.30 risks profit-taking and potential sell-offs. Dogecoin (DOGE) has recorded its highest number of active addresses in six months, with over 650,000 wallets transacting this week. The uptick, last seen in November 2024, coincides with renewed retail interest and specula…
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ethnews.com broke the news in on Friday, May 16, 2025.
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