Try Quests to earn cryptoALGO.Transaction.Payment.Size
Q43. Let’s look at the quantities of ALGOs being sent in transactions since January 1st 2022 to see if we see any upwards or downwards trends.
Regard the daily number of transactions, the daily number of unique senders is calculated from the start of new year.
Introduction:
The daily number of transactions for Algo asset is estimated based on the number of Algos sent from the start of new year.
The transactions are grouped as follow:
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0-10ALGOs as 'Tiny' sent
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10-100ALGOs as 'Small' sent
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100-1000ALGOS as 'Medium sent
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1,000-10,000ALGOs as 'Big' sent
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+10,000ALGOs as 'Huge' sent
The daily number of transactions from the start of new year and based on the group of sent amount is shown in this figure.
As shown in this figure, the highest number of transactions belong to Tiny group in all of the days from start of new year.
On the period of '2022-02-17' to '2022-02-23', the daily number of transactions for Tiny amount were experience sudden grown. But in this period, the daily number of transactions for other groups were decreased. After that period, the daily number of transactions for Tiny amount sent are diminished.
The daily number of unique wallets that sent Algo from the start of new year is shown in this figure. As shown in this figure, the unique wallets of group Tiny are reduced more in the timeframe. But all the groups experienced the reduction in unique wallets because of the market downturns.
Summary:
The main findings of this dashboard are:
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The Tiny amount sent group had the highest number of transactions and unique senders. why? This is because the newcomers usually worked with small amounts.
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In the period that the daily number of transactions for Tiny group reduced, the number of transactions for other groups are grown.