Recent version of Dogecoin v1.14.5 was released in November 2021
Best cryptocurrency meme Dogecoin may soon see another base release, according to recently shared Github notes. The notes shared are for the release of Dogecoin v1.14.6. The recent version of Dogecoin, v1.14.5, was released on November 8, 2021, to include important security updates and network policy changes. Along with the Github Notes, details on the upcoming Dogecoin v1.14.6 Release remain rare for the moment.
Dogecoin is a community-driven cryptocurrency inspired by a Shiba Inu meme. The Dogecoin Core software, which uses the Scrypt hashing algorithm for Proof of Work, allows anyone to run a node in the Dogecoin blockchain networks. It is adapted from Bitcoin Core and other cryptocurrencies.
Dogecoin Price Consolidates
Dogecoin has been on a downward trend in recent months, as previously reported by U.Today. The meme coin, which gained popularity among investors over the past year, was able to reach new heights but was unable to repeat its success. Nevertheless, this has not deterred large investors or whales from continuing to invest in the asset. Whales were the most notable, as they raked in vast sums of Doge despite falling prices.
Over the last 24 hours, the top 100 Dogecoin holders have increased their portfolios, as WhaleStats reports a 10.35% rise in the average DOGE balance of this category of investor. The average DOGE value of their portfolio has also grown by 13.98%. Dogecoin also ranked among the top 10 holdings by Binance whales.
Dogecoin’s profitability, according to IntoTheBlock data, has risen to 55%. More in-the-money addresses should benefit the network as holders are less inclined to sell to break even their positions.
According to CoinMarketCap, Dogecoin is trading marginally up in the last 24 hours. At the time of writing, the leading canine crypto is changing hands at $0.12 after reaching intraday highs of $0.121.
Dogecoin continues to trade in a sideways consolidation between the $0.10 and $0.132 levels, a break below or above could determine the next price direction.
