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 August 25, 2024
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BitInfoCharts. (August 26, 2024). Number of Dogecoin transactions per day from December 2013 to August 25, 2024 [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/1201757/average-number-dogecoin-transactions/
BitInfoCharts. "Number of Dogecoin transactions per day from December 2013 to August 25, 2024." Chart. August 26, 2024. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/1201757/average-number-dogecoin-transactions/
BitInfoCharts. (2024). Number of Dogecoin transactions per day from December 2013 to August 25, 2024. Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/1201757/average-number-dogecoin-transactions/
BitInfoCharts. "Number of Dogecoin Transactions per Day from December 2013 to August 25, 2024." Statista, Statista Inc., 26 Aug 2024, https://www.statista.com/statistics/1201757/average-number-dogecoin-transactions/
BitInfoCharts, Number of Dogecoin transactions per day from December 2013 to August 25, 2024 Statista, https://www.statista.com/statistics/1201757/average-number-dogecoin-transactions/ (last visited December 30, 2024)
Number of Dogecoin transactions per day from December 2013 to August 25, 2024 [Graph], BitInfoCharts, August 26, 2024. [Online]. Available: https://www.statista.com/statistics/1201757/average-number-dogecoin-transactions/