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Dogecoin (DOGE) is seeing a surprising surge in user engagement, with on-chain data revealing a 400% rise in active addresses. According to Santiment’s data, as reported by crypto analyst Ali Charts, active addresses soared to nearly 395,000; that’s the 400% spike. This suggests an increasing number of people using the network, possibly hinting at a possible uptick in development activity as well. While the exact cause of the surge is unclear, it indicates growing interest in Dogecoin despite the recent price fluctuations. From late December 2024 to late February 2025, Dogecoin’s price has seen a declining trend with daily active addresses decreasing alongside. This suggests that lower prices had discouraged user involvement earlier. Related: Active Dogecoin Wallets Hit 9.5 Million: A Step Toward Mainstream Use? Notably, since March 2025, the spike in daily active addresses also coincides with a slight recovery in DOGE’s price. As of press time, DOGE is trading at $0.1649, down 1.55% in the past 24 hours and 18.39% over the past week. There’s a strong link between market sentiment and DOGE’s price. Looking at capital inflows between May 2024 until this month, March 2025, capital inflows during October-November 2024 corresponded to spikes in DOGE’s prices (green bars on the chart). Whereas from December 2024 through March 2025, the drop in DOGE’s price corresponded to net capital outflows. Technical indicators, such as the RSI and Moving Average Convergence Divergence (MACD), reflects the bearish sentiment surrounding DOGE. The RSI at 37.62 is nearing oversold conditions, which may signal a possible price reversal if it recovers. A value below 30 typically suggests that DOGE is oversold, implying the possibility of an upward movement. Related: Dogecoin: Stock RSI Flashes Buy, Can DOGE Break $0.24 Resistance? However, the MACD indicator has confirmed a bearish divergence on the daily chart with the MACD line (blue) below the signal line (orange). The MACD histogram has also turned bullish, forming green bars. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

🦅 In the region where it previously reacted and rose. 📊 Volume entry is still weak but at the critical threshold. 🎉If the general market does not experience a deep decline,$DOGE may be one of the first coins to move upwards.

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$DOGE As of March 15, 2025, Dogecoin (DOGE) is trading at approximately $0.176456 USD. Looking ahead to 2026, various forecasts suggest a range of potential price points for DOGE: CoinCodex: Predicts that Dogecoin could trade between $0.172065 and $0.731727 in 2026, with the higher target representing a potential increase of 323.40%. Binance: Projects a price of $0.175219 for Dogecoin in 2026. LongForecast: Forecasts that Dogecoin could reach $0.37 by September 2026. Changelly: Anticipates that Dogecoin's value will increase by 35.69% to reach approximately $0.265 by March 10, 2025. CoinGape: Expects Dogecoin to navigate 2026 with a minimum price of $0.0472983 and possibly reaching highs of $0.1070706. It's important to note that cryptocurrency markets are highly volatile, and these predictions are speculative. Investors should conduct thorough research and consider their risk tolerance before making investment decisions.