Dogecoin Community Exploration

Discover the deeper value of dogecoin and the latest developments of dogecoin whales.

Dogecoin Achieves Record Transfer ACTivity with 1.9 Million TransaCTions Dogecoin (DOGE) Hits New TransaCTion Record, but There's Big Catch Dogecoin Network Hits New Peak in Transfer ACTivity Dogecoin’s New Users: ImpaCT on DOGE Prices? Dogecoin Network experiences surge in aCTivity amidst sideways trading DOJ charges duo for crypto mining in school distriCT, amid US energy scrutiny

Feb / 04
- Dogecoin Achieves Record Transfer ACTivity with 1.9 Million TransaCTions
  
  Feb 04, 2024 at 01:04 am BH NEWS
  
  Dogecoin has reached a new milestone with 1.9 million transactions in a single day, breaking its previous record. This surge, primarily driven by image minting on the blockchain, has raised concerns about network bloating and the potential impact on transactional currency use. Despite the community's mixed opinions on image inscriptions, a debate is emerging over the suitability of using a secondary network to manage these transactions, as Dogecoin's value is simultaneously being questioned by Bitcoin advocate Max Keiser.
- Dogecoin (DOGE) Hits New TransaCTion Record, but There's Big Catch
  
  Feb 03, 2024 at 11:19 pm U_Today
  
  Dogecoin, the beloved meme coin, continues to make waves in the crypto world. Recently, @Tdogewhisperer, a prominent member of the Dogecoin community, took to social media to announce a new record-breaking achievement. Within a mere 24 hours, there were an astonishing 1.9 million Dogecoin transactions. However, there's a catch to this impressive feat. @Tdogewhisperer revealed that the surge in transactions was primarily due to NFTs, or non-fungible tokens, being inscribed on the blockchain. While these inscriptions may inflate the network, they serve no practical purpose. As a solution, @Tdogewhisperer suggested using a Layer 2 network, such as Dogechain, for these types
- Dogecoin Network Hits New Peak in Transfer ACTivity
  
  Feb 04, 2024 at 12:39 am COINTURK NEWS
  
  The Dogecoin network has hit a new peak in transfer activity, according to Tdogewhisperer, a prominent figure in the Dogecoin community. In the past 24 hours, there have been 1.9 million transfers reported on the network. This record-breaking achievement was mainly due to the minting of images on the Blockchain. However, it is important to note that these outputs generated by the inscription protocol do not have any real use case, despite the inflation they cause in the network.

Feb / 03
- Dogecoin’s New Users: ImpaCT on DOGE Prices?
  
  Feb 03, 2024 at 03:42 pm CryptosHeadlines.com
  
  Dogecoin (DOGE) has experienced a surge in key metrics, including new accounts, active addresses, and holders. In just the past seven days, over 890,000 new accounts have joined the network, leading to a significant rise in daily active addresses and the number of DOGE holders, which has now approached 6 million.
- Dogecoin Network experiences surge in aCTivity amidst sideways trading
  
  Feb 03, 2024 at 02:59 pm Cryptopolitan_News
  
  Dogecoin (DOGE) has exhibited sideways trading above its 200-day EMA since early January. Despite a recent 0.4% weekly price decline and a 14% monthly drop, network activity has surged, with over 890,000 new Dogecoin addresses created and a significant spike in daily active addresses. Market analysts attribute this resurgence to the release of the DOOM video game on the Dogecoin blockchain and anticipation surrounding the DOGE-1 launch, alongside the growing use of Dogechain, a layer 2 blockchain built on the Dogecoin network. However, technical analysis suggests a potential for a price correction due to a descending triangle pattern on the daily chart.
- DOJ charges duo for crypto mining in school distriCT, amid US energy scrutiny
  
  Feb 03, 2024 at 01:29 pm Cointelegraph
  
  The United States Department of Justice has charged two senior staff members of the Patterson Joint Unified School District with operating a crypto mining operation on school premises, allegedly embezzling funds during the scheme. Assistant Superintendent Jeffrey Menge and IT Director Eric Drabert are accused of utilizing school resources and electricity to mine cryptocurrency, transferring the proceeds to their own wallets. The investigation follows increased scrutiny by US energy regulators on crypto miners' electricity consumption.
- Dogecoin welcomes a wave of new users – Will it impaCT DOGE prices?
  
  Feb 03, 2024 at 12:34 pm AMBCrypto
  
  Dogecoin, the popular cryptocurrency, is currently witnessing a significant surge in new users. This wave of newcomers has yet to impact the value of DOGE, but it has undeniably led to a notable increase in key metrics within the Dogecoin ecosystem. In the past week alone, over 890,000 new accounts have been created, showcasing the growing interest in Dogecoin among users. While the influx of new users has not directly influenced the price of DOGE, it has certainly made an impact on the address metrics. Dogecoin warmly welcomes this wave of users and anticipates further growth in the future.
- Cryptocurrency Market Trends: Bitcoin Holds Strong, AVAX and DOGE Awaits DireCTion, LINK Makes Gains
  
  Feb 03, 2024 at 10:29 am BH NEWS
  
  The cryptocurrency market exhibited stability, with Bitcoin holding above $43,000 amid reassessment of interest rate expectations. Altcoins witnessed varying dynamics: AVAX Coin recovered, aiming for $44 and $50 if bullish sentiment persists; Dogecoin awaits direction near $0.08; and LINK Coin rallied past $18, targeting $25 if it sustains above $17.32.
- Dogecoin network aCTivity goes parabolic — Will DOGE price follow?
  
  Feb 03, 2024 at 02:59 am Cointelegraph
  
  Popular memecoin Dogecoin (DOGE) has been trading sideways above the 200-day exponential moving average (EMA) since Jan. 7. Despite a 0.4% decline in DOGE price over the past week and a 14% drop over the last month, the recent surge in network activity is noteworthy. Dogecoin's network activity has experienced a parabolic increase, with over 890,000 new Dogecoin addresses created in the past week, according to market intelligence firm IntoTheBlock. While the price of DOGE may indicate potential further losses, the significant rise in network activity is something to follow closely.
- Can Shiba Inu Beat Dogecoin? PrediCTions and Outlook for 2024
  
  Feb 03, 2024 at 12:26 am CryptosHeadlines.com
  
  Shiba Inu's price outlook in 2024 is influenced by various factors, including Shibdentity, Shibarium, and social media hype. The upcoming halving of Bitcoin could also indirectly impact SHIB's price by fostering market sentiment or volatility. Despite predictions from different sources varying from bullish to conservative, it is important to conduct thorough research and cautiously consider these forecasts as the crypto market is highly volatile, and investments carry inherent risks.

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