Dogecoin Sees 28% Increase in Active Addresses Amid Price Struggles
Autor: Mining Provider Editorial Staff
Veröffentlicht:
Kategorie: News
Zusammenfassung: Dogecoin's active addresses surged by 28%, yet its price remains low at $0.09 amid weak institutional interest and macroeconomic pressures, despite new mining developments.
Dogecoin: Future Plans Presented
Active addresses in the Dogecoin network have increased by 28% within a week, rising from 57,000 to approximately 73,000. Despite this surge in user activity, the price remains near its 52-week low, indicating a lack of price dynamics despite the growing engagement.
"New impulses from the network are crucial for Dogecoin's future."
On April 1, the Qubic-Dogecoin mining mainnet officially went live. This integration allows for simultaneous Dogecoin mining and AI training on the Qubic platform using the same ASIC hardware, without competition between the two processes. This development could potentially strengthen the hashrate and network security in the long run.
Elon Musk has also confirmed that the public beta of X Money is set to launch in April 2026. While there is no official confirmation regarding the integration of Dogecoin as a payment method, speculation within the community remains strong.
"The community is eagerly awaiting official news on Dogecoin's integration into X Money."
Despite the increased on-chain activity, the price of Dogecoin is under pressure due to macro factors such as geopolitical tensions and a broader crypto sell-off. Currently, Dogecoin is priced at around $0.09, just above its yearly low and approximately 68% below its 52-week high from September 2025.
Notably, U.S. spot ETFs on Dogecoin, launched by providers like Grayscale and 21Shares at the end of 2025 and early 2026, have collectively amassed less than $10 million in net assets. This indicates that institutional investors are largely avoiding the asset.
The situation among large investors is mixed: on April 2, around 900 million DOGE were withdrawn from the Bithumb exchange, which could signal accumulation. However, overall whale activity has been declining since early March. Retail interest and new technical developments are facing an environment that lacks institutional interest, which may hinder any significant price movement despite positive network signals.
Summary
- Active addresses in the Dogecoin network increased by 28% in one week.
- The Qubic-Dogecoin mining mainnet went live, allowing simultaneous mining and AI training.
- Dogecoin's price is currently around $0.09, significantly below its 52-week high.
- Institutional interest remains low, with spot ETFs accumulating less than $10 million.
Sources: