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DOGE active addresses surge 400%, but still below historical peak

According to TechFlow, on March 16, data from the data analysis platform Santiment showed that the number of DOGE active addresses has surged by about 400% recently, with a short-term peak of more than 390,000.

However, compared with the historical peak of 1.64 million on November 22, 2024, the current number of active addresses is still far behind.