in the past seven days.

The price increase falls short of the significant uptick in network activity seen in the same period.

Technical indicators showed that the coin’s subdued price action is due to downward bullish momentum.

Dogecoin (DOGE) price has registered a minor gain of 2% in the last week despite the growth in user activity on its network during the same period. The number of both new addresses and active addresses in transactions involving the meme coin has rallied, but its price continues to endure poor bullish sentiment.

$DOGE