Dogecoin Mining Difficulty and Hashrate Reach All-Time High: M | https://t.me/Doge_ShibaInu

Dogecoin Mining Difficulty and Hashrate Reach All-Time High: Messari Report

The two most important on-chain metrics for Dogecoin seem to remain at high levels despite the weak price performance of the coin compared to market-leading cryptocurrencies like Zilliqa or Cardano, per Messari.

An increased hashrate for almost any cryptocurrency could be considered a demand that traders and miners express toward the cryptocurrency. A high hashrate and network difficulty are usually considered a bullish signal since it shows that miners are interested in supporting block processing on the network.

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