Dogecoin remains one of the leading crypto assets as statistics show that new DOGE addresses boosted by 265%, going from 14,47K to 38.43K new addresses daily. While this development does not reflect in its price in the crypto market, the memecoin still has what it takes to remain relevant despite the unfavourable market situations.
#Dogecoin price dropped ~15% in the last 2 months, from $0.082 to $0.068. Meanwhile, the # of new daily $DOGE addresses surged by 265%, from 14.47K to 38.43K new addresses per day.
— Ali (@ali_charts) July 29, 2022
The increasing network growth is a positive sign, which could soon be reflected in #DOGE price. pic.twitter.com/8gwceJVARw
Dogecoin Upgrades Website to Tackle FUD
The prominent dog-themed token also announced via its official Twitter account that while its Core has been upgraded, the DOGE token now has a website and added a Dogepedia page, crowning an eventful week. This website is created to fight against fear, uncertainty and doubt (FUD). DOGE’s new Website also goes live this week.
Related: New Dogecoin Core Upgrade Goes Live
This has been an exciting week for #Dogecoin! Core received a significant upgrade & the new https://t.co/npxXeKLtIR website was revealed with the addition of the Dogepedia page launched to help fight the FUD! Drop your best memes of the week below celebrating these achievements! pic.twitter.com/LfRF0rfQLB
— Dogecoin (@dogecoin) July 28, 2022
The Dogepedia will serve as an extensive information hub covering all aspects of DOGE, including instructions and frequently asked questions. Additionally, users do not have control over the data on the web page. This may be a benefit in terms of maintaining the accuracy of the information.
In related developments, DOGE creators recently announced that the most recent version of the DOGE Core software, 1.14.6, has been launched and is now live. According to the developers, this version will dramatically enhance the network’s security, efficiency, and user interface.
The 10th-ranked cryptocurrency is trading at $0.07066. After increasing by 5.89% in the past 24 hours, the value slumped by 0.33%
Read More: “Dogecoin Is The New Dogecoin,” says the Doge Team
Lekan Eyinade
Lekan Eyinade is a resourceful crypto content creator and copywriter with over two years of experience writing compelling cross-channel copies for web content, press releases, newsletters, and advertising materials.
He is adept at various communication formats, including feature articles, headlines, blogs, and social media and has used his skills to promote cryptocurrency adoption.
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