{"id":343068,"date":"2021-09-23T08:27:59","date_gmt":"2021-09-23T05:27:59","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/dogecoin-more-popular-than-ever-even-as-txs-hit-lowest-level-since-2017\/"},"modified":"2021-09-23T08:27:59","modified_gmt":"2021-09-23T05:27:59","slug":"dogecoin-more-popular-than-ever-even-as-txs-hit-lowest-level-since-2017","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/dogecoin-more-popular-than-ever-even-as-txs-hit-lowest-level-since-2017\/","title":{"rendered":"# Dogecoin more popular than ever &#8230; even as TXs hit lowest level since 2017"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a40f9e8d3ba6\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a40f9e8d3ba6\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/dogecoin-more-popular-than-ever-even-as-txs-hit-lowest-level-since-2017\/#Buy_384M_in_real_estate_with_DOGE\" >Buy $384M in real estate with DOGE<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/dogecoin-more-popular-than-ever-even-as-txs-hit-lowest-level-since-2017\/#Low_transaction_levels\" >Low transaction levels<\/a><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong># Dogecoin more popular than ever &#8230; even as TXs hit lowest level since 2017 <\/strong>&#8221;<\/p>\n<div class=\"post-content\" data-v-128018ef>The power of the Dogecoin meme is strong despite transaction levels of DOGE hitting the lowest they&#8217;ve been since 2017. <\/p>\n<p>Multiple firms have made DOGE adoption plays this week including Robinhood which confirmed that it will roll out a new crypto wallet feature on its <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a> next month supporting DOGE deposits and withdrawals.The memecoin\u2019s co-creator Billy Markus (who no longer works on the project) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/BillyM2k\/status\/1440702701700988932\">stated<\/a> via <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a> earlier today:<\/p>\n<blockquote><p>\u201cOkay we are allowed to overreact now Robinhood wallets is huge <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a> for  Dogecoin &#8211; it opens up so many users to the real utility of cryptocurrency!\u201d<\/p><\/blockquote>\n<h3><span class=\"ez-toc-section\" id=\"Buy_384M_in_real_estate_with_DOGE\"><\/span>Buy $384M in real estate with DOGE<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>On Sept. 22 commercial real estate tokenization platform RedSwan <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.prnewswire.com\/news-releases\/redswan-cre-offers-320-million-in-real-estate-for-purchase-with-dogecoin-301382380.html\">announced<\/a> that it will accept Dogecoin for two digital real estate deals on its marketplace. The firm is offering fractionalized ownership in two high-rise apartment buildings worth a combined $384 million. <\/p>\n<p>\u201c[Dogecoin] is on the cusp of transitioning from a \u2018meme coin\u2019 to legitimate institutional and transactional use cases,\u201d said RedSwan CRE chief executive officer, Ed Nwokedi. <\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2021-09\/b4f6881a-bcfd-4b65-91f9-f893c61a40a2.png\"><figcaption style=\"text-align: center;\"><em>Dogecoin Apartment building: RedSwan<\/em><\/figcaption><\/figure>\n<p>The two digital real estate deals dubbed APLO and LHOK are taking minimum investments of $1,000 \u2014 roughly 4,447 DOGE at the time of writing \u2014 and are offering annualized targeted investor internal rate of returns of 26% and 19% respectively. <\/p>\n<p>On the same day, AMC Entertainment CEO Adam Aron conducted a poll of 140,000 people via Twitter asking the community whether DOGE should be <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/CEOAdam\/status\/1440350526768484361\">added<\/a> to the firm\u2019s plans to support crypto payments for tickets by the end of 2021. Out of the four options provided, \u201cYes, for sure do it\u201d received 68.1% of the votes. <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">I never thought I would see this day. <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/elonmusk?ref_src=twsrc%5Etfw\">@ElonMusk<\/a> liked my Dogecoin Twitter Poll tweet. If you happen to see this tweet too Mr. Musk, congratulations on Tesla and SpaceX. I have strived to be an innovator my entire career, but you sir are the epitome of innovation above all others. <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/rIW6OpOnYL\">pic.twitter.com\/rIW6OpOnYL<\/a><\/p>\n<p>\u2014 Adam Aron (@CEOAdam) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/CEOAdam\/status\/1440679599403192321?ref_src=twsrc%5Etfw\">September 22, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Following on from the overwhelming support for DOGE in the poll, Aron then stated that \u201cIt\u2019s clear that you think AMC should accept Dogecoin. Now we need to figure out how to do that. Stay tuned!\u201d <\/p>\n<p>Former DOGE &#8220;CEO&#8221; Elon Musk chimed in to call for the DOGE fee structure to be lowered to support widespread adoption. <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Super important for Doge fees to drop to make things like buying movie tix viable<\/p>\n<p>\u2014 Elon Musk (@elonmusk) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/elonmusk\/status\/1440780474662543370?ref_src=twsrc%5Etfw\">September 22, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>DOGE Cost Averaging: Robinhood rolls out fee-free recurring crypto buy feature<\/em><\/strong><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Low_transaction_levels\"><\/span>Low transaction levels<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Despite the hype kicking into overdrive this week, DOGE transaction levels have dropped to lows that have not been seen since December 2017.<\/p>\n<p>According to <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/bitinfocharts.com\/comparison\/dogecoin-transactions.html#alltime\">data<\/a> from Bit Info Charts, the number of daily DOGE transactions have plunged to the 16,000 mark for the first time in four years. The figure provides a stark contrast to the DOGE-mania that swept the crypto market in April of this year resulting in peak 24-hour transaction levels of 140,000. <\/p>\n<p>The lack of on-chain activity is reflected in the DOGE\u2019s price and marketcap, with the price declining 69% since its all-time high of $0.73 in mid-May to sit at $0.22 at the time of writing. <\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more News articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/dogecoin-more-popular-than-ever-even-as-txs-hit-lowest-level-since-2017\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Dogecoin more popular than ever &#8230; even as TXs hit lowest level since 2017 &#8221; The power of the Dogecoin meme is strong despite transaction levels of DOGE hitting the lowest they&#8217;ve been since 2017. Multiple firms have made DOGE adoption plays this week including Robinhood which confirmed that it will roll out a&#8230;<\/p>\n","protected":false},"author":1,"featured_media":343069,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDkvZTg4ZmQ5Y2MtODMwMC00NTBiLThmY2YtZmM5NmU2OTlkZjZjLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[86883,74880,117,39394,54709,71226],"class_list":["post-343068","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-dogecoin","tag-transactions","tag-business","tag-elon-musk","tag-movie","tag-real-estate"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/343068","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=343068"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/343068\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/343069"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=343068"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=343068"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=343068"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}