SHIB Daily Turnover Crashes 75.8% Year Over Year While DOGE Surges

SHIB turnover fell 75.8%, reducing liquidity and increasing potential price volatility. SHIB’s turnover ratio dropped to 2.26%, signaling weaker market depth. DOGE trades over twice as actively, with a 4.87% turnover ratio. Shiba Inu holders have plenty to think about right now. Price declines are easy to spot, but trading activity tells a deeper story. Recent data shows daily turnover falling much faster than market value. That difference matters because liquidity often influences price behavior. A market with lower trading activity can react sharply to large orders.

Source: CryptoNewsLand