Dogecoin's daily active addresses have surpassed XRP's, signaling increased user engagement.

A breakout from an ascending triangle pattern suggests a potential price target of $0.195 for DOGE.

DOGE derivatives volume surged 71.44% in 24 hours, exceeding $5 billion.

The memecoin DOGE has outpaced XRP, a $130 billion altcoin, in daily active addresses, reflecting growing user engagement and network activity. TradingView data showed a significant hourly increase in DOGE addresses (11.2% to 61,190), outpacing XRP's more modest 8.65% growth (to 47,280) during the same period.

Conversely, CoinMarketCap data indicates that at the time of writing, XRP is trading at $2.26 after a 7.78% 24-hour increase, while DOGE stands at $0.1816, experiencing an impressive 11.11% rise.

This surge is potentially explained by DOGE's breakout from a key technical pattern, further supported by robust derivatives volume indicating further potential upside.

DOGE Aims for $0.195 Following Ascending Triangle Breakout

DOGE's chart reveals a breakout from an ascending triangle, a bullish technical formation characterized by a flat resistance line and rising support. The resistance line was near $0.168, which DOGE…

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