Dogecoin (DOGE) Active Addresses Jump 34% Amid Adoption Shift

Dogecoin's monthly active addresses increased by 34%, reaching 6.57 million, suggesting growing engagement. The price of Dogecoin is currently around $0.25, with daily trading volume up 28.9% to $1.41 billion. Grayscale and Bitwise have filed applications for Dogecoin ETFs, indicating increased institutional interest. Currently, 60% of Dogecoin holders are profitable, 5% are at break-even, and 25% are experiencing losses. Dogecoin's price recently dropped below $0.30 for the first time since November 2024 and is now consolidating around $0.25. A "golden cross" pattern has appeared on the price chart, which could signal a potential price reversal.