After 11 years of dormancy, a Dogecoin address has been activated, containing 870,019 DOGE tokens worth almost $400 million. Dogecoin, known for its passionate online community, has experienced a surge in popularity this year with a market cap of over $90 billion. Although down 40% from its record high in May 2021, Dogecoin saw a significant rally in November. This recent activation of ancient Dogecoin addresses suggests that some long-time holders may be taking profits. Dogecoin currently ranks as the seventh largest cryptocurrency by market capitalization, surpassing Cardano.



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