Categories: DogecoinNews

Dogecoin more popular than Tron, XRP and Litecoin in terms of active addresses

While the media keeps praising Tron and XRP, our favourite meme cryptocurreny is more popular, in terms of active addresses, than any other cryptocurrency only to be surpassed by Bitcoin[BTC] and Ethereum[ETH].

According to data analytics firm onChainFx, Dogecoin has 72,000+ active addresses and is ranked at the third position. Above Dogecoin is Ethereum with 169K+ active address. and at the top is Bitcoin [BTC] with 521K active address.

According to onChainFx, an address is classified as an active address if that have participated in a transaction at any point in the past 24 hours. The active address does not consider private transactions, as their transaction address are hidden due to stealth technology.

Based on the above metric it is safe to say Dogecoin has more transactions in 24 hours. Dogecoin is followed by Dash with 71K+ active address, Tron [TRX] with 70K+ active address and Litecoin [LTC] with 68K active address. Lowest among the cryptocurrencies is XRP with 4K active address.

One interesting point that comes out of all this data is more and more people are transacting in Dogecoin rather than the top 10 cryptocurrencies.

Dogecoin is currently trading at $0.0018 a 1.8% decrease in the last 24 hours. Dogecoin has a current market capitalization of $220 million. Moreover, Dogecoin’s price is still relatively stable compared to other cryptocurrencies.


Discuss this news on our Telegram Community. Subscribe to us on Google news and do follow us on Twitter @Blockmanity

Did you like the news you just read? Please leave a feedback to help us serve you better

Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.

Ishan Garg

Ishan is a cryptocurrency trader and a journalist. He joined the cryptocurrency space in 2017. He is the founder of Blockmanity. He is a HODLER and is holding BTC, ETH & UGT.

Share
Published by
Ishan Garg

Recent Posts

Bullish Signals for Sui Blockchain: Top SUI meme projects of 2024

Macro guru and Real Vision CEO Raoul Pal shone the spotlight on a rising layer-1…

2 months ago

AI Companions: A New Era of Digital Relationships and Virtual Experiences

As the technology landscape transforms at lightning speed, AI Companions has positioned itself as a…

2 months ago

zkCross Network: Simplifying DeFi Complexity and Achieving Fundraising Success

Did you know that 85% of DeFi value is concentrated in six blockchains?  DeFi is…

2 months ago

Don’t Miss Out: Get $CLP Tokens in the Exclusive RWA IDO Now!

CLAPART - a groundbreaking RWA platform has launched its much-anticipated $CLP token IDO on Gempad…

3 months ago

Step into the Future of Web3 at Blockchain Futuristic Conference 2024, August 13-14

Join us at BFC 2024 to explore the future of Web3. Use a special discount…

4 months ago

WebX Asia 2024: Web3 Innovation Ignites in Tokyo

Catch all the updates with Altcoin Observer, official media partner of WebX Asia 2024. Gear…

4 months ago