Dogecoin & Shiba Inu: Comparing Daily Users with Top Cryptocurrencies
Release: 2024/06/02 01:30 Reading: 323
Comparison of Dogecoin and Shiba Inu Active Addresses vs. Top Cryptocurrencies
A recent infographic from market intelligence platform IntoTheBlock illustrates the current rankings of cryptocurrencies based on daily active addresses.
Dogecoin and Shiba Inu: Active Addresses Comparison
In a transaction, both the sender and receiver are considered "active," contributing to the total number of unique active addresses daily. Active addresses are an indicator of network usage.
According to the infographic, Dogecoin has 56,980 active addresses daily, placing it in the middle of the list. Shiba Inu has significantly fewer, ranking second to last with 6,770 active addresses.
Network Activity Comparison of Top Cryptocurrencies
Litecoin (LTC), Ethereum (ETH), Bitcoin (BTC), and Tron (TRX) surpass Dogecoin in terms of active addresses. TRX has the highest activity with 2.26 million daily active users, four times more than BTC.
While Solana (SOL) was not included in IntoTheBlock's analysis, data from other sources suggests it has 1.5 million daily active addresses, ranking it second after TRX.
Dogecoin Price Update
Dogecoin's price has declined to $0.157, a decrease of over 3% in the past 24 hours.
Note: This article is for informational purposes only and should not be construed as financial or investment advice.
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