Dogecoin Slips to Tenth Place Despite Positive On-Chain Trends

Dogecoin (DOGE) is gradually rebounding from the recent crypto market crisis.

A new action from Toncoin pushed it down to tenth place among top cryptocurrencies by market value on Monday.

While DOGE hasn't seen significant increases in the last two weeks, on-chain data indicates that traders anticipate a bullish run.

Following the cryptocurrency market fall on Friday, Dogecoin and other cryptocurrencies suffered losses.

Despite improvements in various on-chain indicators, DOGE's price has failed to show growth.