Dogecoin Network Activity Craters By 95%: What Is Going On?
Posted On February 26, 2025
Dogecoin’s (CRYPTO: DOGE) on-chain metrics and price are deteriorating, but bullish traders remain optimistic about a major move ahead.
Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
Dogecoin (CRYPTO: DOGE) | $0.2064 | $30.6 billion | +0.08% | -18.8% |
Shiba Inu (CRYPTO: SHIB) | $0.00001417 | $8.4 billion | +2.4% | -8% |
Pepe (CRYPTO: PEPE) | $0.058132 | $3.4 billion | +3.6% | -13.6% |
Trader Notes: Crypto trader Javon Marks believes that the recent pullback doesn’t alter Dogecoin’s historical price cycles.
He sees DOGE still in its third bull cycle, with a move beyond its all-time high of $0.73905—implying a 252% surge from current levels.
Trader Tardigrade compares DOGE’s price action to the 2017-2018 bull run, indicating it could be …