The Dogecoin price may be on the brink of a parabolic surge, as recent data shows a significant increase in the number of new daily addresses on the network.
Over 35,000 new DOGE addresses are being created daily, indicating growing adoption and renewed interest in Dogecoin.
The surge in new addresses suggests increased trading volume and potential upward pressure on prices.
Crypto analysts predict a potential rise to new all-time highs for Dogecoin, with targets ranging from $1.8 to $1, fueled by a possible Donald Trump victory and Elon Musk's D.O.G.E proposal.