Dogecoin On-Chain Activity Surges to 2024 Highs Despite Price Slump
• Dogecoin on-chain metrics like volume and social dominance have hit 2024 highs despite recent price drops • Anticipation building for Dogecoin payments integration on Elon Musk's X platform after launch of @xpayments account • Dogecoin volume rose from 298.68 million on Jan 1 to 1.17 billion on Jan 21 • Social dominance climbed from 1.14% on Jan 1 to 3.45% on Jan 21 • On-chain metrics and social dominance point to recovery potential for Dogecoin price