Finance

Dogecoin & Shiba Inu: How Memecoins Compare in Daily Users

Jun 1, 2024 1 min read

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Market intelligence platform IntoTheBlock has released an infographic detailing the daily number of active addresses for various top cryptocurrencies. Dogecoin (DOGE) registers 56,980 active addresses daily, placing it in the middle of the list, while Shiba Inu (SHIB) has significantly fewer daily users. The infographic also includes data for other leading cryptocurrencies such as Litecoin (LTC), Ethereum (ETH), Bitcoin (BTC), and Tron (TRX). Tron leads the chart with 2.26 million active addresses daily, which is four times higher than Bitcoin, the next closest competitor.

Despite Dogecoin and Shiba Inu's recognition within the cryptocurrency market, they lag behind in network-related metrics. This comparison highlights the more substantial activity on the Tron network compared to others. The infographic indicates a broader trend of varying user engagement across different blockchain networks, reflecting each coin's user base and transaction volume.

#cryptocurrency #dogecoin #bitcoin

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