The number of transactions in the blockchain meme-cryptocurrency Dogecoin (DOGE) reached a historical maximum of 628209 points, outperforming BTC and Litecoin.
Behind cryptospillnots, such dynamics is associated with the activity of the DRC-20 standard, which allows the creation of new digital assets on top of the blockchain.
Koristuvach Twitter under the nickname Mishaboar stating that the main retailer of the meme-cryptocurrency Patrick Lodder conveyed the trend of kilkom days earlier. Let’s remember the burst of transactions, but we still haven’t reached the record levels.
#dogecoin developer @patricklodder touched on this argument a few days ago, when the increase was significant but still not to today’s levels.
Check Patrick’s thread below, and use his website https://t.co/3gg8Hnr2kg easy to read #dogecoin block analysis (hint: there is a…
— Mishaboar (@mishaboar) May 15, 2023
Crypto enthusiast Martin Stauber doesn’t care about the growing number of transactions carried out through DRC-20 tokens. For yoga tribute, the main traffic came from a number of great addresses, yakі zdіysnyuvali drіbnі retelling. One of these gamblers made 5,766 transactions for doba.
@inevitable360 All the traffic is coming from quiet a few wallets, some with enormous traffic like this one: 5,766 transactions in the last 3 days.https://t.co/cryfl2m1t8
They aren’t transferring small amounts of money either. Lots and lots. pic.twitter.com/8MLAmaFWYo
— Martin Stauber (@UsaRandom) May 14, 2023
In the rest of the days, there was no activity on the Dogecoin blockchain. According to DogeWhaleAlert, on January 11, 13.07 million DOGE ($927,413) was not transferred to a different address, spending $0.26 per commission. The transaction was made after Elon Musk having voted about the call Put the CEO of Twitter in jail.
🐕🪙🐋🚨
13,070,441 $DOGE ($927,413 USD) was transferred from multiple wallets to an unknown wallet.
Fee: 3.63 ($0.26 USD)
Tx: https://t.co/jVnoMwNCyA#DogecoinWhaleAlert #WhaleAlert #dogecoin #CryptoNews
— Ðogecoin Whale Alert (@DogeWhaleAlert) May 11, 2023
Regardless of the growth dynamics, the DOGE exchange rate may not change – the last time the coin spent 1.1% in the price. At the time of writing, the asset is trading for $0.072327. CoinGecko.