
DRC-20 Standard Boosts Dogecoin (DOGE) Transactions Above Bitcoin (BTC) on Daily Basis
On Wednesday, Dogecoin (DOGE) surpassed Bitcoin (BTC) in daily transactions due to the launch of the DRC-20 standard. This new standard aims to simplify the process of creating and issuing tokens on the blockchain. The DRC-20 standard is compatible with the Dogecoin blockchain, which has resulted in an increase in daily transactions. Dogecoin has been moving up in the crypto rankings recently, with a market cap of over $40 billion and 24-hour trading volume of $26 billion. Despite its popularity, Dogecoin still faces criticism for being a meme coin and lacking any real-world application. However, its growing popularity among investors and traders suggests that it may remain a significant player in the crypto market.
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