DAI and USDC show strong global adoption with slight preference in the West; DeFi tokens seem more popular in the West than East; and Tether is most popular in Asia time zones. Below we look at hourly transaction frequency to dive deeper into user behaviors.
A look at the user activity of USDT, USDC and DAI – the three most popular stablecoins – on Ethereum.
DOGE overall health is down 17.59% in the past six months, driven by a 30.59% decline in Developer Behavior, and 12.77% drop in User Activity. Price has dropped 5.7% in the same time frame.