The same on the original theme of the dog shows signs of a bullish overthrow, explains the main health of the cryptographic analysis platform.
According to Santiment, Dogecoin (Doge) “signals a potential turning point once the cryptographic markets stabilize” as the number of portfolios increases.
“Dogecoin, like most coins, was hammered during the trace at two months at the crypto scale. However, we recommend that you keep an eye on the growing level of wallets containing at least a million Doge, which has recovered during the price dumping. The active addresses are also at four months.”
Santiment says that the number of Dogecoin portfolios holding more than a million Doge has increased by more than 1% since the beginning of February. In March, the greatest same by market capitalization also recorded peaks in address activity, the number reaching more than 150,000 active addresses per day.
Dogecoin is negotiated at $ 0.166 at the time of the editorial staff, down approximately 62% compared to the summit in 2025 of around $ 0.434.
With regard to development activity among the main crypto projects, Santiment says that there was a drop in the number of contributors in the last month.
“And if we change the perspective and zoom in in the last month, it is a little discouraging to see that each ecosystem of the Top 10 has removed the foot of development activity events.
In the past six months, Santiment says that the only ecosystem that has recorded an increase in the number of contributors is the optimism of the layer 2 (OP) scaling.
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