Dogecoin, often considered a "meme coin," processed over 1.93 million transactions last week. This marks the highest number of transactions since July.
The surge in activity raises speculation that DOGE might see a significant price increase. Some analysts predict a potential 150% spike, which would bring the coin’s value to $0.22.
The massive transaction volume showcases the sustained interest and activity in Dogecoin, countering the notion that meme coins are losing relevance.