Dogecoin Nears 8 Million Holders: Could $0.20 Resistance Act as Catalyst for Breakout?

Dogecoin, the meme-inspired cryptocurrency that gained notoriety due to its passionate community and celebrity endorsements, is on the verge of a significant milestone in its journey toward wider mainstream adoption. According to recent data from on-chain analytics firm Sentiment, Dogecoin is currently nearing the 8 million holder mark – a substantial achievement indicating growing confidence and long-term potential for this dog-themed token.