Dogecoin, a cryptocurrency giant, has made history by surpassing 90 million users. This remarkable achievement showcases the growing appeal and adoption of Dogecoin, with a staggering 90.34 million addresses on record. According to IntoTheBlock data, this figure encompasses all addresses that have ever held Dogecoin, past and present.

It's essential to distinguish between total addresses and holders, also known as addresses with a balance. The latter refers to active users currently holding Dogecoin, totaling 6.5 million. Meanwhile, 83.84 million addresses have a zero balance, indicating past usage but no current holdings. Despite this, the number of holders has been steadily rising since 2024 began, reflecting a surge in interest in Dogecoin investment and ownership.

Dogecoin's price has remained relatively stable, with a 0.52% increase in the last 24 hours and a 1.11% rise over the past week. However, it has been trading below the daily SMA 200 at $0.128 since June 18. To spark a significant comeback, Dogecoin needs to break above this critical level. If successful, it may reach the daily SMA 50 at $0.15, potentially breaking free from its current trading range.

This milestone of 90 million users highlights Dogecoin's expanding user base and growing appeal. As the cryptocurrency market continues to evolve, Dogecoin's increasing adoption and interest in investment bode well for its future prospects. Dogecoin's ability to break above critical levels will determine its next move, but one thing is clear - it has cemented its position as a leading player in the cryptocurrency market.

In conclusion, Dogecoin's achievement of 90 million users demonstrates its growing popularity and user base. With a steady increase in holders, Dogecoin's future looks bright. As the market continues to fluctuate, Dogecoin's ability to break above critical levels will shape its next move. Nonetheless, Dogecoin has solidified its position as a major player in the cryptocurrency market, paving the way for a promising future.