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Dogecoin Wallets Just Hit A New All-Time High, But Why Is Price Struggling?

  • The total number of Dogecoin wallets has hit a new all-time high of 83.48 million, indicating increased usage of the network.
  • Despite the increase in wallets, Dogecoin price is struggling, currently below the $0.20 price level.
  • External factors like the ongoing trade war and the US Federal Reserve's stance have negatively impacted Dogecoin's price.
  • Analysts have conflicting views on the future price of Dogecoin, with some suggesting a potential drop to $0.15 and others hinting at a potential rally towards $2.8.

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