TCR TOP STORIES
Home / Altcoins / Dogecoin (DOGE) is Most Popular in Terms of Active Addresses than Tron, XRP and Litecoin

Dogecoin (DOGE) is Most Popular in Terms of Active Addresses than Tron, XRP and Litecoin

According to data analytics, Dogecoin has 72,000+ active addresses and is ranked in the third position. Above Dogecoin is Ethereum with the 169K+ active address. and at the top is Bitcoin (BTC) with a 521K active address.

According to a report, an address is as an active verified 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.

While on the other hand, media is busy in praising Tron and XRP, our favorite meme cryptocurrency is more popular, in terms of active addresses, than any other cryptocurrency only to be surpassed by Bitcoin (BTC) and Ethereum (ETH).

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 the 68K active address. Lowest among the cryptocurrencies is XRP with a 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 Trading (Buying and Selling)

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.

Dogecoin can be traded on these cryptocurrency exchanges: Instant Bitex, BTC Trade UA, Bitbns, C-CEX, BX Thailand, BiteBTC, BtcTrade.im, Bittylicious, Bittrex, Novaexchange, HitBTC, BCEX, CoinExchange, BitFlip, Sistemkoin, Trade Satoshi, Stocks.Exchange and Koineks.

It is usually not presently possible to purchase alternative cryptocurrencies such as Dogecoin directly using U.S. dollars. Investors seeking to trade Dogecoin should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Dogecoin using one of the aforementioned exchanges.

Check Also

Dogecoin Price Analysis: DOGE shows upsurge in its value, traders seems content

Dogecoin core 1.14 is recently got updated and has seen a spike in its value. …

Leave a Reply

Your email address will not be published. Required fields are marked *

Please wait...

Subscribe to our newsletter

Want to be notified when our article is published? Enter your email address and name below to be the first to know.