Dogecoin trading volume drops 49% as price falls to $0.079

Dogecoin , the popular dog-themed cryptocurrency, saw its trading volume plunge by nearly 50%, reaching $607 million over the past 24 hours, according to data from CoinMarketCap. The significant drop comes as broader cryptocurrency markets remain under selling pressure and weekend trading slows across digital assets. Dogecoin’s trading activity has slowed notably, with volume down 49% compared to the previous day. Market analysts have observed that digital asset trading frequently softens on weekends when institutional and retail participation often declines. The fall in Dogecoin’s activity unfolded as the token registered its fourth consecutive daily decline on Saturday.

Source: CoinTurk News