Dogecoin (DOGE) activity skyrockets, active address up 28%! (2/4/26)

Jakarta, Pintu News – Dogecoin network activity has shown a significant increase in recent days. The latest on-chain data shows that the number of active addresses increased by 28%, from around 57,000 to 73,000.

Active addresses are an important indicator that reflects the number of users interacting on the network, both as senders and receivers of transactions. An increase in this metric usually indicates increased investor interest and participation in the asset.

Signals of Increased Investor Interest

A spike in the number of active addresses indicates that more users are starting to use the Dogecoin network again. In many cases, this increased activity can be an early signal of a larger price movement, due to increased liquidity and market participation.

However, an increase in activity does not necessarily mean a sustained bullish trend. In some situations, these spikes may also result from short-term speculation.

Also Read: 3 Bitcoin Signals: Rp1.02 Billion Can Be Tested Again, When is Bitcoin ATH?

Prices Still Consolidating

Despite increased network activity, the Dogecoin price is still moving sideways. Currently, DOGE is trading at around $0.0926 and has yet to show a significant breakout from the consolidation phase that has been ongoing since early February 2026.

This also reflects the general crypto market situation which still has no clear direction, with Bitcoin still below the $70,000 level and global markets affected by geopolitical uncertainty.

Conclusion

Dogecoin’s 28% increase in active addresses indicates increased investor activity and interest in the network. However, as long as the price remains in a consolidation phase, the potential for significant movement still depends on external factors and broader market sentiment.

Also Read: 3 XRP Signals Quietly Bought: Price of IDR 22,000 Can Explode?

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• NewsBTC. Dogecoin Network Comes Alive: Active Addresses Jump 28%. Accessed April 2, 2026