Dogecoin’s Transaction Volume Spikes To Almost 70,000 As the Crypto Market Start To Recover.
Shibetoshi Nakamoto, the creator of Dogecoin displayed the Dogecoin transaction volume through his Twitter handle. The tweet revealed the massive spike in the number of transactions on the chains as the metric rise to nearly 70,000 operations in the past 24 hours.
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https://twitter.com/BillyM2k/status/1548694000931983363
following the massive spike, the meme currency is gaining almost 5% of its value. The reason behind the spike in the transaction could be result of the massive activity of the whales. Seeing the Doge pointing in the recovery direction, the whales’ taste in the Doge starts to rise, this made them stake more doge ahead of a coming recovery. Als...