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Dogecoin Volume Remains Low As Price Tanks, Analyst Says Another Surge Is Coming

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Dogecoin Volume Remains Low As Price Tanks, Analyst Says Another Surge Is Coming - NewsBTC

Quick Summary:

Related Reading: Bitcoin Price On The Verge Of 15% Breakout As Analyst Spots This Formation Since then, Coinglass data shows there has been some increase in the daily trading volume.

Related Reading: Ethereum Tanks Nearly 50% As Bitcoin Holds Stronger In Q1 In an X (formerly Twitter) post, the crypto analyst pointed out similarities to the 2016 and 2021 cycles where the Dogecoin price saw notable moves.

This volume drop has been followed by large declines in the DOGE price, leading to over 50% of the meme coin’s value that has been lost in less than six months.


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Article Details

Author / Journalist: Scott Matherson

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-07 @ 06:30:15 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 423 words

Reading Time: 3 minutes read

Sentences: 65 lines

Sentence Length: 7 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 27644184

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About NewsBTC

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Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 3 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 10 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #102

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