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Dogecoin (DOGE) Trading Volume Falls 58.9% to $596.5 Million

Dogecoin closed at $0.079260, marking a fourth straight lower daily close.

Updated 1 min read
A commuter checks a cryptocurrency market display on a Manhattan sidewalk in New York. / EconoTimes.ai
A commuter checks a cryptocurrency market display on a Manhattan sidewalk in New York. / EconoTimes.ai

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Dogecoin (DOGE) recorded $596.5 million in trading during the daily period ending at 8 p.m. ET Saturday, Oct. 17 (00:00 UTC Oct. 18), after turnover eased from the prior period’s $1.45 billion.

That was 58.9% below the previous period. The daily intervals preceding the $1.45 billion session had totaled $726.3 million and $655.3 million, leaving the latest figure 17.9% under the larger amount.

DOGE finished at $0.079260 versus $0.080845 at the previous close, a drop of about 2%. It was the fourth straight session with a lower daily finish.

The figure brings together transactions on centralized and decentralized exchanges. It measures activity on both kinds of venue, without showing what prompted the changes or which side initiated more trades.

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