47.DOGE.Debut.transaction.first.day

    As mentioned in the bounty, Dogecoin was added to THORchain network on January 17 this year. The total swap volume of Dogecoin in its first 24 hour is proposed. Also, the exact comparison of Dogecoin with other tokens from first day swap point of view is represented in the results. The illustrations are supported with tables listed in the final part.

    Loading...
    Loading...
    Loading...
    db_img

    In this table, the swap volume, number of transactions and unique users in first 24 hour of Dogecoin are demonstrated. As shown in this table, 31 user has participated in swapping Dogecoin with 31 swap.

    The swap volume of native tokens of THORchain with Dogecoin is compared and illustrated in this bar-chart. According to this figure, its obvious that the total swap of Dogecoin in its first 24 hour is much more higher than other native tokens. after Dogecoin, ETH has the second high swap volume in first 24 hour.

    Conclusion: According to the findings, the Dogecoin swap in first 24 hour is higher than other native tokens. now lets talk about the reasons. This difference cause for several reasons including:

    1- The popularity of THORchain network has been grown in the past six month and it can not be ignored.

    2- Dogecoin is one of the most famous tokens in the cryptocurrency world due to the several advertisements and supports.

    with considering these motives, its normal that the swap volume of Dogecoin in its first day becomes larger than other tokens in THORchain ecosystem.