Dogecoin Price Update

Amid the broader crypto market correction, the Dogecoin price has also dropped over 9% today, testing its crucial support levels at $0.16.

On-Chain Activity

However, on-chain activity suggests that the positive momentum for DOGE could resume soon. There has been a 270% surge in active addresses over the last 24 hours.

Whale Activity

Additionally, DOGE whale activity has surged, indicating that big players are buying the dips, hinting at a potential rebound moving ahead.