{"id":6532,"date":"2025-04-07T07:00:22","date_gmt":"2025-04-07T07:00:22","guid":{"rendered":"https:\/\/coinsrise.net\/blog\/dogecoin-volume-remains-low-as-price-tanks-analyst-says-another-surge-is-coming\/"},"modified":"2025-04-07T07:00:22","modified_gmt":"2025-04-07T07:00:22","slug":"dogecoin-volume-remains-low-as-price-tanks-analyst-says-another-surge-is-coming","status":"publish","type":"post","link":"https:\/\/coinsrise.net\/blog\/dogecoin-volume-remains-low-as-price-tanks-analyst-says-another-surge-is-coming\/","title":{"rendered":"Dogecoin Volume Remains Low As Price Tanks, Analyst Says Another Surge Is Coming"},"content":{"rendered":"

Dogecoin has seen a major drop in volume since hitting two-year highs back in November 2024. This volume drop has been followed by large declines in the DOGE price, leading to over 50% of the meme coin\u2019s value that has been lost in less than six months. With the volume remaining muted, it is possible that this price drop could continue and plunge investors into even more losses.<\/p>\n

Dogecoin Daily Volume Remains Below $5 Billion<\/h2>\n

Over the last four months, the Dogecoin daily volume has been seeing a steady volume plunge. The daily volume hit a high above $60 billion on November 13, 2024, but by the end of March 2025, the daily trading volume dropped below $3 billion, resulting in an over 90% drop in volume in only four months.<\/p>\n

Since then, Coinglass data Dogecoin price could continue to struggle.<\/p>\n

\"Dogecoin<\/p>\n

As a result of the price decline, long traders have suffered the most as bears reclaimed control of the crypto market. On Sunday, with over $4 million in liquidations, over 80% were from long traders as declines mounted due to the bearish pressure.<\/p>\n

Most of the decline has been driven by Donald Trump\u2019s tariffs<\/a>, which have caused the stock market to hit its worst crash since 2010. This has translated into a bear market, with the Bitcoin price falling toward $80,000. Altcoins like Dogecoin have naturally suffered more losses due to their highly volatile nature of being meme coins and have dropped by more than 50% compared to Bitcoin\u2019s 25% decline.<\/p>\n

Not Everyone Is Bearish<\/h2>\n

Despite the overwhelming bear pressure that has blanketed the crypto market, bullishness around the Dogecoin price continues to rise. One of those who have remained steadfast in their bullishness is crypto analyst Trader Tardigrade.<\/p>\n

In an X (formerly Twitter) post, the crypto analyst pointed out<\/a> similarities to the 2016 and 2021 cycles where the Dogecoin price saw notable moves. According to the chart, there have been similar formations pointing to a possible surge for DOGE.<\/p>\n

\"Dogecoin<\/p>\n

If this plays out accordingly, then the DOGE price could be staring down an over 1,500% increase in price as the crypto analyst has set the target as high as $2.1. \u201cDogecoin is about to Surge again,\u201d the analyst said.<\/p>\n

\"Dogecoin<\/p>\n

Chart from TradingView.com<\/p>\n","protected":false},"excerpt":{"rendered":"

Dogecoin has seen a major drop in volume since hitting two-year highs back in November 2024. This volume drop has been followed by large declines in the DOGE price, leading to over 50% of the meme coin\u2019s value that has been lost in less than six months. With the volume remaining muted, it is possible…<\/p>\n","protected":false},"author":1,"featured_media":6533,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[192],"tags":[136,137,138,135,139,140,141,142],"class_list":["post-6532","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dogecoin","tag-doge","tag-doge-news","tag-doge-price","tag-dogecoin","tag-dogecoin-news","tag-dogecoin-price","tag-dogeusd","tag-dogeusdt"],"_links":{"self":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/posts\/6532","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/comments?post=6532"}],"version-history":[{"count":0,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/posts\/6532\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/media\/6533"}],"wp:attachment":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/media?parent=6532"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/categories?post=6532"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/tags?post=6532"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}