Dogecoin Active Addresses Explode by 528% – Is a Massive DOGE Price Rally on the Horizon?
As of August 8, 2025, Dogecoin is capturing attention once again with its price showing renewed vigor following the SEC’s recent nod to 21Shares’ spot DOGE ETF application. This development has sparked a remarkable 528% jump in the altcoin’s active addresses, hinting at exciting possibilities ahead.
Imagine Dogecoin as that underdog meme that’s suddenly sprinting ahead in a race – its network is buzzing like never before, and investors are taking notice. This surge in activity isn’t just numbers on a screen; it’s a sign of real enthusiasm building around DOGE, much like how a viral trend can turn a quiet corner of the internet into a hotspot overnight.
Surging Network Activity Fuels DOGE Optimism
Dogecoin’s active addresses skyrocketed by an incredible 528% to reach 469,477, a leap from the previous 74,640. This explosion happened on August 7, 2025, right after the update to 21Shares’ spot Dogecoin ETF filing got the green light from the US Securities and Exchange Commission. The firm shared this exciting news on X the very next day, August 8.
This ETF proposal, designed to mirror DOGE’s price movements, echoes similar moves by other players like Bitwise and Grayscale. It’s like opening the door to a bigger party, potentially inviting mainstream investors who were once on the sidelines. The buzz from this has ignited a wave of optimism, supercharging the memecoin’s network engagement.
Adding to this thrill, recent data shows DOGE futures open interest climbing 70% in just the past week, jumping from $989 million to a whopping $1.65 billion. Even with the price dipping slightly from its peaks, this rise in open interest stands out – it’s like speculators are placing their bets confidently, undeterred by short-term wobbles. Analysts point out this mismatch between open interest and price as a red flag for upcoming volatility, something worth keeping an eye on.
DOGE isn’t just riding futures hype; spot buyers are diving in aggressively too. The 90-day cumulative volume delta for DOGE spot takers is firmly in “buyer dominant” territory, meaning buys are outpacing sells since early March 2025. Think of it as a crowd rushing to grab tickets for a sold-out show – this kind of demand has powered massive rallies before, like the 385% surge that took DOGE to $0.48 in the fourth quarter of 2024.
On top of that, the net unrealized profit/loss for long-term DOGE holders – those who’ve hung on for at least 155 days – has crossed the 0.5 mark, signaling a strong “belief” vibe among the faithful. It’s as if these holders are whispering, “We’ve seen the ups and downs, and we’re betting on more ups.”
With the network humming, speculators piling in, and buyers leading the charge, Dogecoin’s setup feels primed for a push toward its upper range limits. It’s a story of resilience, where a fun meme coin is proving it has serious staying power.
Latest Buzz: What’s Trending on Google and Twitter for Dogecoin
Diving into what’s hot right now, Google searches for Dogecoin are exploding with questions like “Will Dogecoin hit $1 in 2025?” and “How to mine Dogecoin easily?” – reflecting curiosity from newcomers eager to join the fun. On Twitter, the conversation is alive with memes and discussions around Elon Musk’s latest post on August 6, 2025, where he teased “DOGE to the moon again?” sparking thousands of retweets and debates about potential Tesla integrations. Official announcements, like the SEC’s ETF acknowledgment, have amplified these talks, with users sharing charts and predictions that align with the surging active addresses.
In this dynamic landscape, aligning with a reliable platform can make all the difference for traders. That’s where WEEX exchange shines – known for its user-friendly interface and robust security features, WEEX offers seamless trading for assets like DOGE, helping users capitalize on market momentum with low fees and real-time insights. It’s like having a trusted co-pilot in the volatile crypto world, enhancing your strategy without the hassle.
Dogecoin Price Eyes $0.40 Milestone
Crypto experts are buzzing about DOGE’s chart patterns. One analyst observed that Dogecoin has bumped up against a crucial resistance at about $0.24, with a short pause likely in the coming days. Breaking through could launch it toward $0.40, much like a rocket gaining escape velocity after a brief hover.
Another enthusiast spotlighted an inverse head-and-shoulders formation on the daily chart, pointing to a possible climb to $0.42. This bullish setup is like a coiled spring ready to unleash, promising upward energy if it plays out.
It’s fascinating to compare this to past cycles – while Bitcoin chases new highs, DOGE’s community-driven vibe often amplifies its moves, turning small sparks into fireworks. Backed by real data like the active address boom and rising open interest, these predictions aren’t just wishful thinking; they’re grounded in patterns that have delivered before.
As Dogecoin continues to weave its tale of unexpected triumphs, the question lingers: will this surge in activity propel the price to new heights? Only time will tell, but the signs are undeniably compelling.
FAQ
What is causing the recent surge in Dogecoin active addresses?
The 528% increase in Dogecoin active addresses is largely driven by heightened investor interest following the SEC’s acknowledgment of the spot DOGE ETF filing, boosting network participation and speculation.
Will Dogecoin price reach $1 in 2025?
While predictions vary, current momentum from rising open interest and buyer dominance suggests potential for growth, though it depends on market conditions and broader adoption – always research thoroughly before investing.
How can I start trading Dogecoin safely?
Begin by choosing a reputable exchange with strong security, then set up an account, fund it, and buy DOGE. Remember to use tools for analysis and never invest more than you can afford to lose.
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Debunking the AI Doomsday Myth: Why Establishment Inertia and the Software Wasteland Will Save Us
Editor's Note: Citrini7's cyberpunk-themed AI doomsday prophecy has sparked widespread discussion across the internet. However, this article presents a more pragmatic counter perspective. If Citrini envisions a digital tsunami instantly engulfing civilization, this author sees the resilient resistance of the human bureaucratic system, the profoundly flawed existing software ecosystem, and the long-overlooked cornerstone of heavy industry. This is a frontal clash between Silicon Valley fantasy and the iron law of reality, reminding us that the singularity may come, but it will never happen overnight.
The following is the original content:
Renowned market commentator Citrini7 recently published a captivating and widely circulated AI doomsday novel. While he acknowledges that the probability of some scenes occurring is extremely low, as someone who has witnessed multiple economic collapse prophecies, I want to challenge his views and present a more deterministic and optimistic future.
In 2007, people thought that against the backdrop of "peak oil," the United States' geopolitical status had come to an end; in 2008, they believed the dollar system was on the brink of collapse; in 2014, everyone thought AMD and NVIDIA were done for. Then ChatGPT emerged, and people thought Google was toast... Yet every time, existing institutions with deep-rooted inertia have proven to be far more resilient than onlookers imagined.
When Citrini talks about the fear of institutional turnover and rapid workforce displacement, he writes, "Even in fields we think rely on interpersonal relationships, cracks are showing. Take the real estate industry, where buyers have tolerated 5%-6% commissions for decades due to the information asymmetry between brokers and consumers..."
Seeing this, I couldn't help but chuckle. People have been proclaiming the "death of real estate agents" for 20 years now! This hardly requires any superintelligence; with Zillow, Redfin, or Opendoor, it's enough. But this example precisely proves the opposite of Citrini's view: although this workforce has long been deemed obsolete in the eyes of most, due to market inertia and regulatory capture, real estate agents' vitality is more tenacious than anyone's expectations a decade ago.
A few months ago, I just bought a house. The transaction process mandated that we hire a real estate agent, with lofty justifications. My buyer's agent made about $50,000 in this transaction, while his actual work — filling out forms and coordinating between multiple parties — amounted to no more than 10 hours, something I could have easily handled myself. The market will eventually move towards efficiency, providing fair pricing for labor, but this will be a long process.
I deeply understand the ways of inertia and change management: I once founded and sold a company whose core business was driving insurance brokerages from "manual service" to "software-driven." The iron rule I learned is: human societies in the real world are extremely complex, and things always take longer than you imagine — even when you account for this rule. This doesn't mean that the world won't undergo drastic changes, but rather that change will be more gradual, allowing us time to respond and adapt.
Recently, the software sector has seen a downturn as investors worry about the lack of moats in the backend systems of companies like Monday, Salesforce, Asana, making them easily replicable. Citrini and others believe that AI programming heralds the end of SaaS companies: one, products become homogenized, with zero profits, and two, jobs disappear.
But everyone overlooks one thing: the current state of these software products is simply terrible.
I'm qualified to say this because I've spent hundreds of thousands of dollars on Salesforce and Monday. Indeed, AI can enable competitors to replicate these products, but more importantly, AI can enable competitors to build better products. Stock price declines are not surprising: an industry relying on long-term lock-ins, lacking competitiveness, and filled with low-quality legacy incumbents is finally facing competition again.
From a broader perspective, almost all existing software is garbage, which is an undeniable fact. Every tool I've paid for is riddled with bugs; some software is so bad that I can't even pay for it (I've been unable to use Citibank's online transfer for the past three years); most web apps can't even get mobile and desktop responsiveness right; not a single product can fully deliver what you want. Silicon Valley darlings like Stripe and Linear only garner massive followings because they are not as disgustingly unusable as their competitors. If you ask a seasoned engineer, "Show me a truly perfect piece of software," all you'll get is prolonged silence and blank stares.
Here lies a profound truth: even as we approach a "software singularity," the human demand for software labor is nearly infinite. It's well known that the final few percentage points of perfection often require the most work. By this standard, almost every software product has at least a 100x improvement in complexity and features before reaching demand saturation.
I believe that most commentators who claim that the software industry is on the brink of extinction lack an intuitive understanding of software development. The software industry has been around for 50 years, and despite tremendous progress, it is always in a state of "not enough." As a programmer in 2020, my productivity matches that of hundreds of people in 1970, which is incredibly impressive leverage. However, there is still significant room for improvement. People underestimate the "Jevons Paradox": Efficiency improvements often lead to explosive growth in overall demand.
This does not mean that software engineering is an invincible job, but the industry's ability to absorb labor and its inertia far exceed imagination. The saturation process will be very slow, giving us enough time to adapt.
Of course, labor reallocation is inevitable, such as in the driving sector. As Citrini pointed out, many white-collar jobs will experience disruptions. For positions like real estate brokers that have long lost tangible value and rely solely on momentum for income, AI may be the final straw.
But our lifesaver lies in the fact that the United States has almost infinite potential and demand for reindustrialization. You may have heard of "reshoring," but it goes far beyond that. We have essentially lost the ability to manufacture the core building blocks of modern life: batteries, motors, small-scale semiconductors—the entire electricity supply chain is almost entirely dependent on overseas sources. What if there is a military conflict? What's even worse, did you know that China produces 90% of the world's synthetic ammonia? Once the supply is cut off, we can't even produce fertilizer and will face famine.
As long as you look to the physical world, you will find endless job opportunities that will benefit the country, create employment, and build essential infrastructure, all of which can receive bipartisan political support.
We have seen the economic and political winds shifting in this direction—discussions on reshoring, deep tech, and "American vitality." My prediction is that when AI impacts the white-collar sector, the path of least political resistance will be to fund large-scale reindustrialization, absorbing labor through a "giant employment project." Fortunately, the physical world does not have a "singularity"; it is constrained by friction.
We will rebuild bridges and roads. People will find that seeing tangible labor results is more fulfilling than spinning in the digital abstract world. The Salesforce senior product manager who lost a $180,000 salary may find a new job at the "California Seawater Desalination Plant" to end the 25-year drought. These facilities not only need to be built but also pursued with excellence and require long-term maintenance. As long as we are willing, the "Jevons Paradox" also applies to the physical world.
The goal of large-scale industrial engineering is abundance. The United States will once again achieve self-sufficiency, enabling large-scale, low-cost production. Moving beyond material scarcity is crucial: in the long run, if we do indeed lose a significant portion of white-collar jobs to AI, we must be able to maintain a high quality of life for the public. And as AI drives profit margins to zero, consumer goods will become extremely affordable, automatically fulfilling this objective.
My view is that different sectors of the economy will "take off" at different speeds, and the transformation in almost all areas will be slower than Citrini anticipates. To be clear, I am extremely bullish on AI and foresee a day when my own labor will be obsolete. But this will take time, and time gives us the opportunity to devise sound strategies.
At this point, preventing the kind of market collapse Citrini imagines is actually not difficult. The U.S. government's performance during the pandemic has demonstrated its proactive and decisive crisis response. If necessary, massive stimulus policies will quickly intervene. Although I am somewhat displeased by its inefficiency, that is not the focus. The focus is on safeguarding material prosperity in people's lives—a universal well-being that gives legitimacy to a nation and upholds the social contract, rather than stubbornly adhering to past accounting metrics or economic dogma.
If we can maintain sharpness and responsiveness in this slow but sure technological transformation, we will eventually emerge unscathed.
Source: Original Post Link

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