Although the number of transactions in Dogecoin increased in early 2021, there were roughly 50,000 of these on a single day. This figure is significantly lower when compared to the transaction volumes of other cryptocurrencies. Between January 28 and January 29, Dogecoin's value grew by around 216 percent to 0.023535 U.S. dollars after comments from Tesla CEO Elon Musk. The digital coin quickly grew to become the most talked-about cryptocurrency available.
Number of Dogecoin transactions per day from December 2013 to July 11, 2021
(in 1,000s)
Characteristic
Transaction volume in thousands
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BitInfoCharts. (July 12, 2021). Number of Dogecoin transactions per day from December 2013 to July 11, 2021 (in 1,000s) [Graph]. In Statista. Retrieved July 27, 2024, from https://www.statista.com/statistics/1201757/average-number-dogecoin-transactions/
BitInfoCharts. "Number of Dogecoin transactions per day from December 2013 to July 11, 2021 (in 1,000s)." Chart. July 12, 2021. Statista. Accessed July 27, 2024. https://www.statista.com/statistics/1201757/average-number-dogecoin-transactions/
BitInfoCharts. (2021). Number of Dogecoin transactions per day from December 2013 to July 11, 2021 (in 1,000s). Statista. Statista Inc.. Accessed: July 27, 2024. https://www.statista.com/statistics/1201757/average-number-dogecoin-transactions/
BitInfoCharts. "Number of Dogecoin Transactions per Day from December 2013 to July 11, 2021 (in 1,000s)." Statista, Statista Inc., 12 Jul 2021, https://www.statista.com/statistics/1201757/average-number-dogecoin-transactions/
BitInfoCharts, Number of Dogecoin transactions per day from December 2013 to July 11, 2021 (in 1,000s) Statista, https://www.statista.com/statistics/1201757/average-number-dogecoin-transactions/ (last visited July 27, 2024)
Number of Dogecoin transactions per day from December 2013 to July 11, 2021 (in 1,000s) [Graph], BitInfoCharts, July 12, 2021. [Online]. Available: https://www.statista.com/statistics/1201757/average-number-dogecoin-transactions/