[Crypto World] On DOGE’s 12th birthday, the price remained quite calm, hovering in the narrow range between $0.1406 and $0.145. However, the on-chain data was impressive—on December 3, daily active addresses surged to 67,511, the second highest record in nearly three months.
Trading volume was strong as well, up 16.96% compared to the weekly average. At 1:00 AM GMT, trading volume even spiked to 465.9 million coins. Riding this wave of enthusiasm, the price inched up by 0.81%, settling at $0.14155.
From a technical perspective, the MACD is starting to converge, and each low is higher than the previous one—a classic consolidation signal. Now, the key is whether DOGE can break through the $0.16 resistance. If it fails to hold above $0.14, it may head lower again.
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FancyResearchLab
· 16h ago
Still grinding away at the bottom? This is a typical accumulation phase; theoretically, it should be feasible. Just worried that in actual operation, you might lock yourself in again.
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AirdropFreedom
· 12-09 09:41
The on-chain data is so strong, but the price is still bottoming out. This shows the market hasn't reacted yet.
If 0.16 really breaks, I'm all in.
Wait, why is it easier to get dumped on my birthday...
Actually, it all depends on whether this wave can hold 0.14. If it breaks, we have to start over again.
Happy birthday, Doge, but your price is really a bit frustrating, haha.
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SatoshiChallenger
· 12-09 05:28
Active address data looks great, but the price is dead and can't move. Isn't this the usual pattern before every rebound?
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ShibaSunglasses
· 12-09 05:27
On-chain data is so strong, but the price just drags on—now that’s the real kicker.
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Can’t break through 0.16, Dogecoin is always like this.
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Happy birthday? Doesn’t really feel like there’s anything worth celebrating.
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67k active addresses seems like a lot, but the price just won’t budge, unbelievable.
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If you ask me, just wait for it to drop below 0.14—it’ll feel refreshing.
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MoodFollowsPrice
· 12-09 05:19
After all that waiting, it's still the same price. The on-chain data looks lively, but my wallet is still just as empty.
If 0.16 can't break, don't bother fantasizing. This round of consolidation feels pretty dull.
Happy birthday, Dogecoin. Give us some real action already.
Even a huge jump in active addresses can't change the fact that I'm still bagholding, haha.
Wait, why is the volume so high at 1 a.m.? Is it bots playing around?
If 0.14 holds, that's a win. If it drops lower, I'm just giving up.
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MeaninglessApe
· 12-09 05:07
On-chain data is going crazy, it's definitely building up steam. This twelfth birthday present is pretty interesting.
Tons of hype but the price hasn't caught up yet, classic pre-breakout vibes.
Is 0.16 really the life-or-death line? Feels like the 0.14 support is still pretty solid.
DOGE is really getting old, but the hype shows there are still believers.
I'm optimistic about this wave, but don't get scared if it drops to 0.14.
With trading volume this strong, it feels like something's about to happen.
Waiting to see if it can break through 0.16, otherwise there'll be more back and forth.
Active addresses are surging—are the big players lying in wait?
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DefiOldTrickster
· 12-09 05:06
Ha, DOGE has been grinding at the bottom for twelve years, and my ten years of arbitrage are almost worn out. The on-chain data looks nice and all, but what can 67K addresses really get you? Annualized returns? Wake up, everyone.
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If it can't hold the 0.14 level, I'll have to add to my short positions. I've already calculated the liquidation price.
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Classic consolidation. In my view, this twelfth birthday is actually an opportunity to make a move. It's not like I haven't seen this play before.
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Sudden surge in trading volume—there's definitely a story behind this. If I'm wrong, I'm not the old hand I claim to be.
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After grinding for so long, it's either a strong pump to 0.16 or a direct plunge to 0.12—there's no middle ground.
DOGE’s on-chain data soars on its 12th birthday, but the price is still bottoming out at $0.14
[Crypto World] On DOGE’s 12th birthday, the price remained quite calm, hovering in the narrow range between $0.1406 and $0.145. However, the on-chain data was impressive—on December 3, daily active addresses surged to 67,511, the second highest record in nearly three months.
Trading volume was strong as well, up 16.96% compared to the weekly average. At 1:00 AM GMT, trading volume even spiked to 465.9 million coins. Riding this wave of enthusiasm, the price inched up by 0.81%, settling at $0.14155.
From a technical perspective, the MACD is starting to converge, and each low is higher than the previous one—a classic consolidation signal. Now, the key is whether DOGE can break through the $0.16 resistance. If it fails to hold above $0.14, it may head lower again.