Dogecoin, the meme coin, has experienced a significant decline in network activity and price performance. Active addresses on its network have dropped by 95%, suggesting a decline in activity. The number of active addresses surged but then dropped between December 2024 and February 2025. The price of Dogecoin has also declined, although there are predictions of a rebound. Some commentators expect Dogecoin to reach price targets of $0.75, $1.5, and $5. The data also indicates a decrease in long-term investors and an increase in speculative trading.



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