DOGE Analytics Dashboard

    This year, DOGE has been making some historic moves, and you should be interested in this. This dashboard is designed to track important metrics that investors of DOGE might find useful. The metrics were gotten from analyzing DOGE blockchain on Thorchain cross-chain protocol Metrics Details: 1. Total DOGE Swap Volume USD: - Cumulative value of all DOGE swaps. - Reflects overall trading activity. 2. Total DOGE SWAPS: - Total number of DOGE swaps executed. - Indicates user engagement and demand. 3. Average Slippage: - Represents the average price impact during swaps. - Lower slippage is desirable for traders. 4. Liquidity Fees: - Refers to fees paid by liquidity providers for participating in the DOGE liquidity pool. - Incentivizes liquidity provision. 5. Doge Total Liquidity (Daily): - Measures the total liquidity available for DOGE swaps. - Influences slippage and trading efficiency. 6. Doge Total Liquidity (Monthly): - Tracks monthly changes in DOGE liquidity. - Helps analyze trends and market dynamics. 7. Doge Unique Swappers: - Counts the unique addresses participating in DOGE swaps. - Reflects community engagement and adoption. 8. Doge Staking Frequency: Indicates how often DOGE holders stake their coins. 9. Doge Swap Volume in Rune (Monthly): Measures DOGE swap value in THOR (Rune). In summary, DOGE’s unique dynamics lie in its community-driven origins, meme branding, and active trading. Its liquidity, trading volume, and engagement metrics contribute to its significance in the crypto market. As DOGE continues to evolve, monitoring these metrics will provide valuable insights for investors and traders.

    OVERVIEW OF DOGECOIN

    Dogecoin (DOGE) is a well-known cryptocurrency that originated as a lighthearted alternative to traditional digital currencies like Bitcoin. It was created in 2013 and gained popularity due to its meme-inspired branding, featuring the Shiba Inu dog. Initially conceived as a joke, Dogecoin has evolved into a digital currency with a dedicated community and active trading.

    1. Market Cap and Price:

      • Dogecoin’s current market cap is approximately $30.02 billion, placing it among the top cryptocurrencies by market capitalization.
      • The price of Dogecoin is approximately $0.21 USD, with slight fluctuations in the last 24 hours.
    2. Supply Metrics:

      • The circulating supply of Dogecoin is approximately 143.70 billion DOGE coins, and its max supply is close to the circulating supply.
      • Among all known cryptocurrency assets, Dogecoin ranks 9th by market cap.
    3. Trading Volume and Liquidity:

      • Dogecoin’s 24-hour trading volume ranges from $37.26 million to $3.69 billion, indicating significant trading activity and liquidity in the market.
    4. Community Engagement:

      • Dogecoin has a strong online community that actively engages on platforms like Reddit and Twitter.
      • Notable figures like Elon Musk and Vitalik Buterin have supported Dogecoin.
      • The community has historically used DOGE as a tipping system for quality content sharing.
    5. History and Features:

      • Dogecoin was created in December 2013 as a fun and lighthearted cryptocurrency, inspired by the popular “Doge” internet meme.
      • Initially forked from Litecoin, Dogecoin differentiated itself by having a total supply of around 130 billion DOGE coins and continuous mining production.
    6. Future Outlook:

      • The future of Dogecoin remains uncertain, but it has shown significant growth and community involvement.
      • From being a meme-inspired coin, Dogecoin has evolved into a prominent player in the cryptocurrency market.
      • The community’s active role in network upgrades and collaborations contributes to Dogecoin’s ongoing development and growth.

    In summary, Dogecoin’s journey from a joke cryptocurrency to a mainstream digital asset reflects its unique position in the crypto space, characterized by high market capitalization, active trading volume, and a vibrant community engagement. Keep in mind that the crypto market can be volatile, so it’s essential to stay informed and make informed decisions. . READ MORE: What is Dogecoin? | Coinbase. https://www.coinbase.com/learn/crypto-basics/what-is-dogecoin.

    Dogecoin DOGE Price, Live Charts, and News in United States - Coinbase. https://www.coinbase.com/price/dogecoin.