Dogecoin Transactions Soar 8,220% in May
1 min read
The number of daily transactions on the Dogecoin network spiked by 8,220% in May, according to data from IntoTheBlock. Several factors contributed to the remarkable spike in daily transactions over Dogecoin. Firstly, the recent price rally of Dogecoin attracted renewed attention and engagement from crypto enthusiasts. The surge in value likely incentivized investors and traders to actively transact with the digital asset. Moreover, the launch of new Dogecoin-related projects and
