According to IntoTheBlock, there are on-chain bullish signals for Dogecoin (DOGE). Dogecoin profitability has risen to 53%, and the proportion of addresses that have held Dogecoin for at least a year is now 62%. 4% of addresses holding Dogecoin have purchased their assets in the past month. Dogecoin holders are mostly medium and long term holders.
Good news for Dogecoin that TAG Heuer will be collaborating with BitPay to accept payments in cryptocurrencies, including Dogecoin. The other good news for DOGE is that the 4000 largest BSC whales are hodling more than $28 million in DOGE. Dogecoin is currently up 3% at $0.0855.