In recent months, the number of Dogecoin wallets holding coins has shot up by 13.8%, according to data from Santiment, a company that analyzes blockchain activity. This growth is significant despite Dogecoin's price stabilizing after a big surge earlier this year. It shows that people are still using Dogecoin, even though its price hasn't been changing much lately.

The increase in active wallets means that more people are getting involved with Dogecoin, which is the cryptocurrency with the cute dog logo. Even though the price of Dogecoin went way up in March, it has since stayed pretty steady. But that hasn't stopped people from using it, as shown by the growing number of active wallets.

The rise in active wallets comes at a time when the Dogecoin community is working on ways to make it easier to use. For example, they recently launched something called GigaWallet, which helps online stores, exchanges, and social media sites accept Dogecoin payments more easily. This could be one reason why more people are starting to use Dogecoin.

The fact that there are more active Dogecoin wallets could be good news for the cryptocurrency. It suggests that not everyone who has Dogecoin is just buying it to make a quick profit. Some people might actually believe in its long-term value and want to hold onto it for a while.

Overall, while Dogecoin's price may not be going up much lately, the growing number of active wallets shows that there's still a lot of interest in the cryptocurrency. This could be a sign that Dogecoin is here to stay, even if its price isn't always going up.