Dogecoin (DOGE) Sits Out Recent Upsurge, Are Whales Planning Move?

.Dogecoin price slips behind major memecoin rivals

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Despite its lack of action, on-chain data shows that the number of active Dogecoin addresses is higher today than on any other day over the past week.With more addresses making their entry, one may wonder whether there is a subtle coordinated plan in place to buy up the token in the mid-to-long term. The dormancy of Dogecoin with respect to its price action is also antagonistic to the growth in trading volume, which soared by 34.20% over the past 24 hours.

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