The doggy-themed meme coin ended January on a high in terms of price and on-chain activity.
On the last day of January, Dogecoin witnessed a spike in on-chain activity. This is according to crypto analytics firm Sanitment Feed.
Santiment Feed made this known in a tweet today. According to Santiment, the doggy-themed meme coin recorded its highest number of whale transactions for the year and the highest in two months. The crypto analytics platform also observed the same pattern in terms of address activity.
Details reveal that whales carried out 523 DOGE transactions valued above $100k, the highest since November 27. In addition, the network also boasted 86.4k active addresses. According to Santiment, it is the highest two-day streak for daily active addresses since November 2 and 3.
(By OKOYA DAVID)
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