The Dogecoin 🐶 network is actively growing despite its low profile last year. Over the past week, the number of new addresses has increased by 1100%! On January 29, a record was set - 247,240 new DOGE addresses were created. This comes against the backdrop of relative lull in prices.

DOGE has been losing 3.28% lately and is hovering below $0.08. Over the past month, the asset has lost about 13%. However, analysts believe that the network's sustained growth could have a positive impact on DOGE's future price performance.

In addition, the NBA team Dallas Mavericks continues to accept DOGE as a means of payment along with Bitcoin. In India, the asset is especially popular among people aged 26-35, among whom DOGE has overtaken Bitcoin as the most popular investment.