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Author Topic: Dogecoin Usage Statistics inside  (Read 1097 times)
thistime (OP)
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November 16, 2014, 02:08:01 AM
 #1

Source: https://bitinfocharts.com - simple moving average

Percent change shows comparison to the first week of August 2014.

September 11, 2014 was the date of the switch to AuxPow.  I went into this thinking that all the increases across all factors were due to all Litecoin miners getting Dogecoin addresses and transacting coins, but the upward trends are seen to begin in early August. 


**Price**

1 Doge = 0.00023 USD -19%


COMPARED TO LITECOIN

1 LTC = 7.60 USD - 52%



**Market Capitalization**

[5th of all digital currencies, ~$21 Million USD](http://beta.coinmarketcap.com/currencies/views/all/) -9%


**Transactions per Day**

Dogecoin ~25,000 transactions/day +~250%


Litecoin ~2500 transactions/day -~100%

[Dogecoin STILL has more transactions per day than Litecoin, and all other altcoins.](http://bitinfocharts.com/comparison/sentbyaddress-ltc-doge.html)

**Sent from addresses**

Dogecoin ~27,000 addresses/day +255%

Litecoin ~3000 addresses/day -55%

[Dogecoin has more unique addresses sending coins per day than Litecoin, and all other altcoins.](http://bitinfocharts.com/comparison/transactions-ltc-doge.html)


**Average Transaction Value**

Average Litecoin transaction value for today was $1,690 USD. -545%

Average Dogecoin transaction value for today was $122 USD.+98%

November 8th was also the first day in Dogecoin history where it had a higher average transaction value than Litecoin.




**Sent in USD/day**

Dogecoin ~$38,000,000 USD +~2700%

Litecoin ~$5,000,000 USD -~55%

Exchange volume for Litecoin is usually ~10 times *higher* than Dogecoin.


**Wikipedia Statistics** (http://stats.grok.se/)

Bitcoin traffic – Average ~6000 views in the last 90 days -33%

Litecoin traffic – Average ~280 views in the last 90 days -35%

Dogecoin traffic – Average ~750 views in the last 90 days -25%

**Active Addresses**

I don't know what measure bitinfocharts uses for this.

Dogecoin ~44,000 active addresses/day +240%

Litecoin ~8,000 active addresses/day -20%

Bitcoin ~180,000 active addresses/day +31%


**100 Largest Transactions (NOV.10/14)**

Dogecoin 8.06% of total sent in USD/day

Litecoin 51.75% of total sent in USD/day

Bitcoin 18.20% of total sent in USD/day


This data does not include any off-blockchain transactions or addresses, such as those from dogetipbot, cryptiv...
dataispower
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November 16, 2014, 02:13:22 AM
 #2

There are really two options to consider:

1. Bitcoin/litecoin are grossly overvalued.

2. Dogecoin is extremely undervalued.

https://bitcointalk.org/index.php?topic=800004.0;all
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