The number of Dogecoin transactions once exceeded 1 million, which may be related to Doginals and shitcoin

Dogecoin community user @itsALLrisky recently shared a screenshot on the X platform. The data shows that the number of Dogecoin transactions has soared, exceeding 1 million. In this regard, Dogecoin co-founder Billy Markus said that he believes that the most likely reason is that the Dogecoin chain is actively used to transfer Ordinals (i.e. Doginals) and shitcoin. It is understood that the community calls Dogecoin Ordinals “Doginals”, which are built based on the recently launched DRC-20 token standard on the Dogecoin chain. Now, users will be able to create crypto tokens and NFTs on this blockchain. In June this year, when DRC-20 was launched, the number of single-day transactions on the Dogecoin chain once exceeded 2 million. (U.Today)