Dogecoin Million Dollar Transactions Soar After Trump Inauguration, Is A Boun...

Dogecoin Million Dollar Transactions Soar After Trump Inauguration, Is A Boun...

The Dogecoin network has seen a significant surge in activity following the inauguration of US President Donald Trump. Although this surge in activity cuts across the entire industry, on-chain data has revealed interesting dynamics among Dogecoin holders. These developments were brought into focus by crypto analyst Ali Martinez, who, using data from the analytics platform […]


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Dogecoin 'Transactions' per Day Exceed Market Cap

Many recent articles have appeared in important publications such as MarketWatch reporting that Dogecoin is surpassing Bitcoin in the total number of transactions per day. Following is the now famous chart of the Dogecoin versus Bitcoin transaction volume as reported by BitInfoCharts: Dogecoin total transactions outpace Bitcoin total transactions. This data, and the reporting of it was responsible for a sizable runup in Dogecoin values from less than 0.000001 BTC to more than 0.000002 BTC Per DOGE. Looking into the data at BitinfoCharts for a more detailed analysis we find that the total....