Dogecoin's daily transactions have skyrocketed by 8,220% in May, reaching a peak of 2.08 million, surpassing Bitcoin's peak transaction volume for the first time in 14 years. The surge in activity is attributed to the increasing trend of minting digital assets with a DRC-20 standard on the Dogecoin blockchain, combined with the network's low transaction fees. Despite the impressive growth in transaction volume, Dogecoin's price has not reflected the surge, dropping by 0.16% in the last 24 hours and 8.84% over the previous month. Experts predict Dogecoin's price to range from $0.08 to $0.1 by the end of the year.
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