Dogecoin: 22,538 transfers a day, barely a seventh of Litecoin

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.For context: the Dogecoin network produced 1,379 blocks in 24 hours and moved 22,538 transfers in them, a good 16 per block. Litecoin, served by the same scrypt miners, came to 253 per block. What that means for fees and for moving into your own wallet.What is on the record: between Sunday and Monday midday, the Dogecoin network wrote 1,379 blocks and settled 22,538 transfers in them, according to the node statistics from Blockchair, queried around midday on October 26. That works out at 16.3 transfers per block. Litecoin, whose blocks are produced by the same machines, came to 253 per block over the same period. Our own assessment follows further down: for holders, an empty network is good news first of all, because it makes moving into self-custody cheap. Dogecoin traded at $0.0771 on Monday midday, 0.9 percent above the previous day and 21.0 percent below where it stood 30 days ago (CoinGecko, October 26). The price is the quietest number of the day. What happens inside the n...