A long-dormant Dogecoin wallet suddenly came to life after 9.3 years, sending ripples through the community
A dormant address containing 1,215,614 DOGE ($116,460) has been activated after 9.3 years of inactivity, causing a stir in the Dogecoin community.
This awakening coincides with a recent spike in global Google searches for cryptocurrency, which jumped nearly 2,000% after Tesla CEO Elon Musk replaced Twitter’s iconic bird logo with the Shiba Inu image of Dogecoin.
Unsurprisingly, interest in the meme-based cryptocurrency, founded in December 2013, has skyrocketed over the past week, with search terms such as “Buy Doge” and “buy Dogecoin” experiencing massive increases.
The timing of the activation has led many to wonder if it’s related to the new Twitter logo that has pushed the coin even back into the limelight.
The canine coin had its first significant surge in popularity in early 2014. Originally created simply as a joke, it quickly gained a loyal following due to its light-hearted nature and the enthusiastic community that got involved. formed around it.
Meanwhile, supporters of the bitcoin parody have banded together for various charitable causes and initiatives. This has further increased its visibility and helped establish it as a legitimate player in the world of cryptocurrencies.
