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Home > Information news > Dogecoin Faces Dire Situation as Daily Active Addresses Plummet

Dogecoin Faces Dire Situation as Daily Active Addresses Plummet

Release: 2023/10/09 00:16 Reading: 334

Original author：CryptosHeadlines.com

Original source：https://coinmarketcap.com/community/articles/6522bc7f6c9e36409329da3b

Dogecoin, originally a meme-based cryptocurrency, has managed to find its place in the crypto market. However, recent on-chain data suggests a decline in interest from large investors.

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Data from IntoTheBlock reveals a significant drop in Dogecoin transactions worth $100,000 or more in recent months. Additionally, the number of daily transactions has been steadily decreasing since May.

Declining Dogecoin Whale Activity and Transaction Volume

Recent data reveals that Dogecoin is experiencing a decline in interest from big investors, known as Read More...

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