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Amid an overall market downturn, Dogecoin has seen its network activity flourishing, as DOGE has witnessed a 72% surge in new addresses in the first week of October. The figure clearly displays a token that has received a notable increase in interest and participation. The development has certainly increased optimism among digital asset holders. Now only the network activity, but historical indicators are looking immensely positive for the token within October’s first week. However, the biggest question now is how much the network activity could propel DOGE throughout this month. Source – Bitcoinist Also Read: Top 3 Altcoin Picks for October: Explosive Gains Ahead! DOGE Rally Imminent? Dogecoin Network ACtivity Growth Signals Impending Surge Within the crypto market, Dogecoin is firmly situated at its peak. The asset has found a tremendous community that has fostered it to become one of the most prominent cryptocurrencies on the market. Entering October, that was certainly s...

The Dogecoin (DOGE) market has several investors, ranging from the average Joe to prominent figures like Tesla’s Elon Musk. Even though it entered the cryptocurrency market as a joke, the asset has managed to turn lives around. Also Read: Exit IRFC Shares If It Fails To Cross 180: Analyst Dogecoin’s Growth And Market Activity Source It should be noted that DOGE has surged by 127446.78% since its all-time low. This growth over the past decade highlights that the asset is no joke. At press time, DOGE was trading at $0.109, following a nearly 1% rise over the past 24 hours. Like other market assets, DOGE had an eventful week, rising by more than 8% in the past seven days. Increased Network Activity In addition to its price, the DOGE network saw increased activity. Over the past 24 hours, the meme coin’s volume surged by 20% and currently stands at $703,472,631. Also Read: Commodity Markets: Copper Prices Race Ahead in the Charts Top Dogecoin Holders As mentioned earlier, Dogeco...