It is relative to the resources available: bandwidth, CPU, memory, etc
as well as what is running and how much traffic. I cannot speak as to
Digital Ocean as I roll my own. I assume a virtual situation where you
are not on a dedicated environment but might have some dedicated resources.
For illustration purposes here is what my smallest and oldest server
handles right now:
3 heavy use sites (traffic I cannot disclose but the sales exceed $1MM
per month each with an average of $70 per order. Not amazon by any
stretch but still decent sized for mom-and-pop type sites.
Approx 24 medium sites in traffic
168 other sites that are considered small with low traffic.
The server is 7 years old, 4 cores, and only 8GB ram.
So my guess is that you would likely be okay with your proposed use.
Mister Ed