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by tlrobinson 4518 days ago
I did some more calculations here: https://www.quora.com/Dogecoin/Where-is-the-currently-massiv...

Notably, the volume across all exchanges today is 562,124,614 doge, which is about $786,974, and mining accounts for another ~$1,000,000/day (500000 * 60 * 24 * $0.0014).

2x each of those to account for transactions into/out of mining pools and exchanges, and it's still only a few million dollars (plus a lot of trading never touches the blockchain)

1 comments

bookmarked, will keep an eye on it.