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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

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To: TobagoJack who wrote (171140)	4/29/2021 9:55:43 PM
From: Julius Wong	Read Replies (2) of 217645

Not Just The Doge Army, Those Minting Dogecoin Have Struck Gold With The 6,600% Rise Of Shiba Inu Too Dogecoin (DOGE) miners have seen revenues rise over 4,000% with the joke cryptocurrency seeing a massive spike this year, CoinDesk reported Wednesday. What Happened: Daily revenue of DOGE miners touched a record high of $3.6 million on Apr. 26, which is a 4,775% increase from Jan. 1 when it was at $77,000, according to ByteTree data, as reported by CoinDesk. See Also: How to Buy Dogecoin (DOGE) Miners receive newly minted DOGE but are also paid a transaction processing fee. Coin Metrics data, as reviewed by CoinDesk, indicates that DOGE transaction fee revenue has risen 60-fold this year. Transaction fee reportedly accounted for just $23,200 or 0.64% of the $3.6 million record miner revenue seen on Apr. 26. The revenue estimates are based on the assumption that miners sell their coins immediately. Why It Matters: The price of DOGE hit an all-time high of $0.42 on Apr. 16. On a 24-hour basis, the cryptocurrency gained 15.55% and was trading at $0.31 at press time. Read more benzinga.com

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