{"id":574625,"date":"2024-02-12T17:00:22","date_gmt":"2024-02-12T17:00:22","guid":{"rendered":"https:\/\/www.shenyangcang.com\/?p=574625"},"modified":"2024-06-11T08:09:56","modified_gmt":"2024-06-11T08:09:56","slug":"dogecoin-fashion-volume-whale-activity-plunges","status":"publish","type":"post","link":"https:\/\/www.shenyangcang.com\/news\/dogecoin\/dogecoin-fashion-volume-whale-activity-plunges\/","title":{"rendered":"Dogecoin Out Of Fashion? Volume & Whale Activity Plunges"},"content":{"rendered":"

On-chain data shows the Dogecoin volume and whale activity have plummeted recently, a possible indication that investors no longer have interest in the memecoin.<\/p>\n

Dogecoin Transaction Volume And Whale Transaction Count Have Declined<\/h2>\n

As pointed out by analyst Ali in a new post<\/a> on X, DOGE trading activity has become lower recently. There are two on-chain metrics of relevance here: the Transaction Volume and Whale Transaction Count.<\/p>\n

The former keeps track of the total amount of Dogecoin (in USD) involved in daily transaction activity on the network. A high value of this metric usually suggests that trading interest in the asset is high right now.<\/p>\n

Related Reading: Bitcoin Flies Above $47,300, But Watch Out For Extreme Greed<\/a><\/div>\n

On the other hand, the low metric implies not many traders are paying attention to the memecoin currently as little volume is transacted on the blockchain.<\/p>\n

The other metric of interest here, the “Whale Transaction Count<\/a>,” measures the total number of transfers on the network that are at least $1 million.<\/p>\n

Unlike the Transaction Volume, which provides information about the network in general, the Whale Transaction Count specifically tells us about the activity being displayed by the whales<\/a>.<\/p>\n

The whales are the largest entities on the chain, so they can hold some influence in the market. As such, their activity can affect cryptocurrency in one way or another.<\/p>\n

Now, here is a chart that shows the trend in the Dogecoin Transaction Volume and Whale Transaction Count over the last few months:<\/p>\n

\"Dogecoin<\/p>\n

Looks like both of these metrics have registered a decline in recent days | Source: @ali_charts on X<\/a><\/pre>\n
As displayed in the above graph, both the Dogecoin Transaction Volume and Whale Transaction Count have recently seen a drawdown towards relatively low levels. This would imply that interest in the asset from both the whales and retail investors may have waned in the memecoin.<\/p>\n
Generally, when buying and selling activity is high, DOGE is likelier to display some volatility<\/a>. The chart shows that the volatile moves the coin has observed recently all saw the metrics register spikes.<\/p>\n
Since Dogecoin isn’t observing that many transactions at the moment, it’s possible that the cryptocurrency’s price will continue to range in the coming days.<\/p>\n
Related Reading: Ethereum Breaks Above $2,400: This Metric Points To Further Upside<\/a><\/div>\n
Any ignitions in the indicators can be to look out for, however, as they may be a predictor for a sharp move in the price. As these metrics only track whether trading activity is occurring rather than if buying or selling is taking place, any volatility arising from these spikes can take the price in either direction.<\/p>\n
DOGE Price<\/h2>\n
While Bitcoin and other top digital assets have enjoyed profits recently, Dogecoin has slumped sideways, with returns standing utterly flat in the past week.<\/p>\n
Currently, DOGE is trading around the $0.08 level, as the chart below shows.<\/p>\n
\"Dogecoin<\/p>\n
The price of the coin has been consolidating recently | Source: DOGEUSD on TradingView<\/a><\/pre>\n
Due to Dogecoin’s recent poor performance, it lost its spot in the top 10 cryptocurrencies by market cap list to Chainlink (LINK). If the coin’s struggle continues, it might slip further down the list, as Tron (TRX) is lurking just behind the asset now.<\/p>\n
\"Dogecoin<\/p>\n
DOGE appears to have a market cap of $11.4 billion right now | Source: CoinMarketCap<\/a><\/pre>\n
Featured image from Kanchanara on Unsplash.com, charts from TradingView.com, Santiment.net<\/div>\n","protected":false},"excerpt":{"rendered":"
On-chain data shows the Dogecoin volume and whale activity have plummeted recently, a possible indication that investors no longer have interest in the memecoin. Dogecoin Transaction Volume And Whale Transaction Count Have Declined As pointed out by analyst Ali in a new post on X, DOGE trading activity has become lower recently. There are two on-chain metrics of relevance here: the Transaction Volume and Whale Transaction Count. The former keeps track of the total amount of Dogecoin (in USD) involved in daily transaction activity on the network. A high value of this metric usually suggests that trading interest in the asset is high right now. Related Reading: Bitcoin Flies Above $47,300, But Watch Out For Extreme Greed On the other hand, the low metric implies not many traders are paying attention to the memecoin currently as little volume is transacted on the blockchain. The other metric of interest here, the “Whale Transaction Count,” measures the total number of transfers on the network that are at least $1 million. Unlike the Transaction Volume, which provides information about the network in general, the Whale Transaction Count specifically tells us about the activity being displayed by the whales. The whales are the largest entities on the chain, so they can hold some influence in the market. As such, their activity can affect cryptocurrency in one way or another. Now, here is a chart that shows the trend in the Dogecoin Transaction Volume and Whale Transaction Count over the last few months: Looks like both of these metrics have registered a decline in recent days | Source: @ali_charts on X As displayed in the above graph, both the Dogecoin Transaction Volume and Whale Transaction Count have recently seen a drawdown towards relatively low levels. This would imply that interest in the asset from both the whales and retail investors may have waned in the memecoin. Generally, when buying and selling activity is high, DOGE is likelier to display some volatility. The chart shows that the volatile moves the coin has observed recently all saw the metrics register spikes. Since Dogecoin isn’t observing that many transactions at the moment, it’s possible that the cryptocurrency’s price will continue to range in the coming days. Related Reading: Ethereum Breaks Above $2,400: This Metric Points To Further Upside Any ignitions in the indicators can be to look out for, however, as they may be a predictor for a sharp move in the price. As these metrics only track whether trading activity is occurring rather than if buying or selling is taking place, any volatility arising from these spikes can take the price in either direction. DOGE Price While Bitcoin and other top digital assets have enjoyed profits recently, Dogecoin has slumped sideways, with returns standing utterly flat in the past week. Currently, DOGE is trading around the $0.08 level, as the chart below shows. The price of the coin has been consolidating recently | Source: DOGEUSD on TradingView Due to Dogecoin’s recent poor performance, it lost its spot in the top 10 cryptocurrencies by market cap list to Chainlink (LINK). If the coin’s struggle continues, it might slip further down the list, as Tron (TRX) is lurking just behind the asset now. DOGE appears to have a market cap of $11.4 billion right now | Source: CoinMarketCap Featured image from Kanchanara on Unsplash.com, charts from TradingView.com, Santiment.net<\/p>\n","protected":false},"author":542,"featured_media":574679,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83685],"tags":[1785,7,91057,91634,91633,86960,79599],"class_list":["post-574625","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dogecoin","tag-doge","tag-dogecoin","tag-dogecoin-volume","tag-dogecoin-whale-activity","tag-dogecoin-whale-transactions","tag-dogecoin-whales","tag-dogeusd"],"acf":[],"yoast_head":"\nDogecoin Out Of Fashion? Volume & Whale Activity Plunges<\/title>\n<meta name=\"description\" content=\"Data shows the Dogecoin volume and whale activity have plummeted, a possible indication that traders no longer have interest in the memecoin.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.shenyangcang.com\/news\/dogecoin\/dogecoin-fashion-volume-whale-activity-plunges\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dogecoin Out Of Fashion? Volume & Whale Activity Plunges\" \/>\n<meta property=\"og:description\" content=\"Data shows the Dogecoin volume and whale activity have plummeted, a possible indication that traders no longer have interest in the memecoin.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.shenyangcang.com\/news\/dogecoin\/dogecoin-fashion-volume-whale-activity-plunges\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2024-02-12T17:00:22+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T08:09:56+00:00\" \/>\n<meta name=\"author\" content=\"Keshav Verma\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.shenyangcang.com\/wp-content\/uploads\/2024\/02\/kanchanara-LPKJJ3M87Ho-unsplash.jpg?fit=6048%2C4024\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/keshavvarma29\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Keshav Verma\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/www.shenyangcang.com\/news\/dogecoin\/dogecoin-fashion-volume-whale-activity-plunges\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.shenyangcang.com\/news\/dogecoin\/dogecoin-fashion-volume-whale-activity-plunges\/\"},\"author\":{\"name\":\"Keshav Verma\",\"@id\":\"https:\/\/www.shenyangcang.com\/#\/schema\/person\/bdb6d57b7ea5cc00981204795656d1a6\"},\"headline\":\"Dogecoin Out Of Fashion? Volume & Whale Activity Plunges\",\"datePublished\":\"2024-02-12T17:00:22+00:00\",\"dateModified\":\"2024-06-11T08:09:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.shenyangcang.com\/news\/dogecoin\/dogecoin-fashion-volume-whale-activity-plunges\/\"},\"wordCount\":524,\"publisher\":{\"@id\":\"https:\/\/www.shenyangcang.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.shenyangcang.com\/news\/dogecoin\/dogecoin-fashion-volume-whale-activity-plunges\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.shenyangcang.com\/wp-content\/uploads\/2024\/02\/kanchanara-LPKJJ3M87Ho-unsplash.jpg?fit=6048%2C4024\",\"keywords\":[\"doge\",\"Dogecoin\",\"Dogecoin volume\",\"Dogecoin Whale Activity\",\"Dogecoin Whale Transactions\",\"Dogecoin whales\",\"dogeusd\"],\"articleSection\":[\"Dogecoin\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/www.shenyangcang.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.shenyangcang.com\/news\/dogecoin\/dogecoin-fashion-volume-whale-activity-plunges\/\",\"url\":\"https:\/\/www.shenyangcang.com\/news\/dogecoin\/dogecoin-fashion-volume-whale-activity-plunges\/\",\"name\":\"Dogecoin Out Of Fashion? Volume & Whale Activity Plunges\",\"isPartOf\":{\"@id\":\"https:\/\/www.shenyangcang.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.shenyangcang.com\/news\/dogecoin\/dogecoin-fashion-volume-whale-activity-plunges\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.shenyangcang.com\/news\/dogecoin\/dogecoin-fashion-volume-whale-activity-plunges\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.shenyangcang.com\/wp-content\/uploads\/2024\/02\/kanchanara-LPKJJ3M87Ho-unsplash.jpg?fit=6048%2C4024\",\"datePublished\":\"2024-02-12T17:00:22+00:00\",\"dateModified\":\"2024-06-11T08:09:56+00:00\",\"description\":\"Data shows the Dogecoin volume and whale activity have plummeted, a possible indication that traders no longer have interest in the memecoin.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.shenyangcang.com\/news\/dogecoin\/dogecoin-fashion-volume-whale-activity-plunges\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.shenyangcang.com\/news\/dogecoin\/dogecoin-fashion-volume-whale-activity-plunges\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.shenyangcang.com\/news\/dogecoin\/dogecoin-fashion-volume-whale-activity-plunges\/#primaryimage\",\"url\":\"https:\/\/www.shenyangcang.com\/wp-content\/uploads\/2024\/02\/kanchanara-LPKJJ3M87Ho-unsplash.jpg?fit=6048%2C4024\",\"contentUrl\":\"https:\/\/www.shenyangcang.com\/wp-content\/uploads\/2024\/02\/kanchanara-LPKJJ3M87Ho-unsplash.jpg?fit=6048%2C4024\",\"width\":6048,\"height\":4024},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.shenyangcang.com\/news\/dogecoin\/dogecoin-fashion-volume-whale-activity-plunges\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.shenyangcang.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Dogecoin Out Of Fashion? Volume & Whale Activity Plunges\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.shenyangcang.com\/#website\",\"url\":\"https:\/\/www.shenyangcang.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/www.shenyangcang.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.shenyangcang.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.shenyangcang.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/www.shenyangcang.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.shenyangcang.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.shenyangcang.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/www.shenyangcang.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/www.shenyangcang.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.shenyangcang.com\/#\/schema\/person\/bdb6d57b7ea5cc00981204795656d1a6\",\"name\":\"Keshav Verma\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.shenyangcang.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/3d9c67b0b4a94fb480d44f29de96266e?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/3d9c67b0b4a94fb480d44f29de96266e?s=96&d=mm&r=g\",\"caption\":\"Keshav Verma\"},\"description\":\"Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor\u2019s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started the degree with an aim of eventually making a career in Physics, but the onset of COVID led to a shift in plans. The virus meant that the college classes had to be delivered in the online-mode and with it came free time for him to explore other passions. Initially only seeking to make some beer money, Keshav unexpectedly landed clients offering real projects, after which there was no looking back. Writing was something he had always enjoyed and to be able to do it for a living was like a dream come true. Keshav completed his Physics degree in 2022 and has been focusing on his writing career since, but that doesn\u2019t mean his passion for Physics has ended. He eventually plans to re-enter university to obtain a masters degree in the same field, but perhaps only to satiate his own interest rather than for using it as a means to find employment.. Keshav has found blockchain and its concepts fascinating ever since he started going down the rabbit-hole back in 2020. On-chain analysis in particular has been something he likes to research more about, which is why his NewsBTC pieces tend to involve it in some form. Being of the science background, Keshav likes if concepts are clear and consistent, so he generally explains the indicators he talks about in a bit of detail so that the readers can perhaps come out having understood and learnt something new. As for hobbies, Keshav is super into football, anime, and videogames. He enjoys football not only as a watcher, but also as a player. For games, Keshav generally tends towards enjoying singleplayer adventures, with EA FC (formerly FIFA) being the only online game he is active in. Though, perhaps due to being ultra-focused on the game, he is today a semi-pro on the EA FC scene, regularly participating in tournaments and sometimes even taking back prize money. Because of his enthusiasm for anime and games, he also self-learned Japanese along the way to consume some of the untranslated gems out there. The skill didn\u2019t merely remain as just a hobby, either, as he put it to productive use during his exploration for small-time gigs at the start of COVID, fulfilling a couple of Japanese-to-English translation jobs. Keshav is also big into fitness, with agility and acceleration-related workouts making a big part of his program due to the relevance they have in football. On top of that, he also has a more traditional strength based program for the gym, which he does to maintain an overall fitness level of his body.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/keshavverma29\/\",\"https:\/\/x.com\/https:\/\/twitter.com\/keshavvarma29\"],\"url\":\"https:\/\/www.shenyangcang.com\/author\/hououinkyouma29\/\"}]}<\/script>\n","yoast_head_json":{"title":"Dogecoin Out Of Fashion? Volume & Whale Activity Plunges","description":"Data shows the Dogecoin volume and whale activity have plummeted, a possible indication that traders no longer have interest in the memecoin.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.shenyangcang.com\/news\/dogecoin\/dogecoin-fashion-volume-whale-activity-plunges\/","og_locale":"en_US","og_type":"article","og_title":"Dogecoin Out Of Fashion? Volume & Whale Activity Plunges","og_description":"Data shows the Dogecoin volume and whale activity have plummeted, a possible indication that traders no longer have interest in the memecoin.","og_url":"https:\/\/www.shenyangcang.com\/news\/dogecoin\/dogecoin-fashion-volume-whale-activity-plunges\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2024-02-12T17:00:22+00:00","article_modified_time":"2024-06-11T08:09:56+00:00","author":"Keshav Verma","twitter_card":"summary_large_image","twitter_image":"https:\/\/www.shenyangcang.com\/wp-content\/uploads\/2024\/02\/kanchanara-LPKJJ3M87Ho-unsplash.jpg?fit=6048%2C4024","twitter_creator":"@https:\/\/twitter.com\/keshavvarma29","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Keshav Verma","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.shenyangcang.com\/news\/dogecoin\/dogecoin-fashion-volume-whale-activity-plunges\/#article","isPartOf":{"@id":"https:\/\/www.shenyangcang.com\/news\/dogecoin\/dogecoin-fashion-volume-whale-activity-plunges\/"},"author":{"name":"Keshav Verma","@id":"https:\/\/www.shenyangcang.com\/#\/schema\/person\/bdb6d57b7ea5cc00981204795656d1a6"},"headline":"Dogecoin Out Of Fashion? Volume & Whale Activity Plunges","datePublished":"2024-02-12T17:00:22+00:00","dateModified":"2024-06-11T08:09:56+00:00","mainEntityOfPage":{"@id":"https:\/\/www.shenyangcang.com\/news\/dogecoin\/dogecoin-fashion-volume-whale-activity-plunges\/"},"wordCount":524,"publisher":{"@id":"https:\/\/www.shenyangcang.com\/#organization"},"image":{"@id":"https:\/\/www.shenyangcang.com\/news\/dogecoin\/dogecoin-fashion-volume-whale-activity-plunges\/#primaryimage"},"thumbnailUrl":"https:\/\/www.shenyangcang.com\/wp-content\/uploads\/2024\/02\/kanchanara-LPKJJ3M87Ho-unsplash.jpg?fit=6048%2C4024","keywords":["doge","Dogecoin","Dogecoin volume","Dogecoin Whale Activity","Dogecoin Whale Transactions","Dogecoin whales","dogeusd"],"articleSection":["Dogecoin"],"inLanguage":"en-US","copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/www.shenyangcang.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/www.shenyangcang.com\/news\/dogecoin\/dogecoin-fashion-volume-whale-activity-plunges\/","url":"https:\/\/www.shenyangcang.com\/news\/dogecoin\/dogecoin-fashion-volume-whale-activity-plunges\/","name":"Dogecoin Out Of Fashion? Volume & Whale Activity Plunges","isPartOf":{"@id":"https:\/\/www.shenyangcang.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.shenyangcang.com\/news\/dogecoin\/dogecoin-fashion-volume-whale-activity-plunges\/#primaryimage"},"image":{"@id":"https:\/\/www.shenyangcang.com\/news\/dogecoin\/dogecoin-fashion-volume-whale-activity-plunges\/#primaryimage"},"thumbnailUrl":"https:\/\/www.shenyangcang.com\/wp-content\/uploads\/2024\/02\/kanchanara-LPKJJ3M87Ho-unsplash.jpg?fit=6048%2C4024","datePublished":"2024-02-12T17:00:22+00:00","dateModified":"2024-06-11T08:09:56+00:00","description":"Data shows the Dogecoin volume and whale activity have plummeted, a possible indication that traders no longer have interest in the memecoin.","breadcrumb":{"@id":"https:\/\/www.shenyangcang.com\/news\/dogecoin\/dogecoin-fashion-volume-whale-activity-plunges\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.shenyangcang.com\/news\/dogecoin\/dogecoin-fashion-volume-whale-activity-plunges\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.shenyangcang.com\/news\/dogecoin\/dogecoin-fashion-volume-whale-activity-plunges\/#primaryimage","url":"https:\/\/www.shenyangcang.com\/wp-content\/uploads\/2024\/02\/kanchanara-LPKJJ3M87Ho-unsplash.jpg?fit=6048%2C4024","contentUrl":"https:\/\/www.shenyangcang.com\/wp-content\/uploads\/2024\/02\/kanchanara-LPKJJ3M87Ho-unsplash.jpg?fit=6048%2C4024","width":6048,"height":4024},{"@type":"BreadcrumbList","@id":"https:\/\/www.shenyangcang.com\/news\/dogecoin\/dogecoin-fashion-volume-whale-activity-plunges\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.shenyangcang.com\/"},{"@type":"ListItem","position":2,"name":"Dogecoin Out Of Fashion? Volume & Whale Activity Plunges"}]},{"@type":"WebSite","@id":"https:\/\/www.shenyangcang.com\/#website","url":"https:\/\/www.shenyangcang.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/www.shenyangcang.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.shenyangcang.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.shenyangcang.com\/#organization","name":"NewsBTC","url":"https:\/\/www.shenyangcang.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.shenyangcang.com\/#\/schema\/logo\/image\/","url":"https:\/\/www.shenyangcang.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/www.shenyangcang.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/www.shenyangcang.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/www.shenyangcang.com\/#\/schema\/person\/bdb6d57b7ea5cc00981204795656d1a6","name":"Keshav Verma","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.shenyangcang.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/3d9c67b0b4a94fb480d44f29de96266e?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/3d9c67b0b4a94fb480d44f29de96266e?s=96&d=mm&r=g","caption":"Keshav Verma"},"description":"Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor\u2019s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started the degree with an aim of eventually making a career in Physics, but the onset of COVID led to a shift in plans. The virus meant that the college classes had to be delivered in the online-mode and with it came free time for him to explore other passions. Initially only seeking to make some beer money, Keshav unexpectedly landed clients offering real projects, after which there was no looking back. Writing was something he had always enjoyed and to be able to do it for a living was like a dream come true. Keshav completed his Physics degree in 2022 and has been focusing on his writing career since, but that doesn\u2019t mean his passion for Physics has ended. He eventually plans to re-enter university to obtain a masters degree in the same field, but perhaps only to satiate his own interest rather than for using it as a means to find employment.. Keshav has found blockchain and its concepts fascinating ever since he started going down the rabbit-hole back in 2020. On-chain analysis in particular has been something he likes to research more about, which is why his NewsBTC pieces tend to involve it in some form. Being of the science background, Keshav likes if concepts are clear and consistent, so he generally explains the indicators he talks about in a bit of detail so that the readers can perhaps come out having understood and learnt something new. As for hobbies, Keshav is super into football, anime, and videogames. He enjoys football not only as a watcher, but also as a player. For games, Keshav generally tends towards enjoying singleplayer adventures, with EA FC (formerly FIFA) being the only online game he is active in. Though, perhaps due to being ultra-focused on the game, he is today a semi-pro on the EA FC scene, regularly participating in tournaments and sometimes even taking back prize money. Because of his enthusiasm for anime and games, he also self-learned Japanese along the way to consume some of the untranslated gems out there. The skill didn\u2019t merely remain as just a hobby, either, as he put it to productive use during his exploration for small-time gigs at the start of COVID, fulfilling a couple of Japanese-to-English translation jobs. Keshav is also big into fitness, with agility and acceleration-related workouts making a big part of his program due to the relevance they have in football. On top of that, he also has a more traditional strength based program for the gym, which he does to maintain an overall fitness level of his body.","sameAs":["https:\/\/www.linkedin.com\/in\/keshavverma29\/","https:\/\/x.com\/https:\/\/twitter.com\/keshavvarma29"],"url":"https:\/\/www.shenyangcang.com\/author\/hououinkyouma29\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Dogecoin Out Of Fashion? Volume & Whale Activity Plunges","url":"http:\/\/www.shenyangcang.com\/news\/dogecoin\/dogecoin-fashion-volume-whale-activity-plunges\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/www.shenyangcang.com\/news\/dogecoin\/dogecoin-fashion-volume-whale-activity-plunges\/"},"thumbnailUrl":"https:\/\/www.shenyangcang.com\/wp-content\/uploads\/2024\/02\/kanchanara-LPKJJ3M87Ho-unsplash.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/www.shenyangcang.com\/wp-content\/uploads\/2024\/02\/kanchanara-LPKJJ3M87Ho-unsplash.jpg?fit=6048%2C4024"},"articleSection":"Dogecoin","author":[{"@type":"Person","name":"Keshav Verma"}],"creator":["Keshav Verma"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/www.shenyangcang.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["doge","dogecoin","dogecoin volume","dogecoin whale activity","dogecoin whale transactions","dogecoin whales","dogeusd"],"dateCreated":"2024-02-12T17:00:22Z","datePublished":"2024-02-12T17:00:22Z","dateModified":"2024-06-11T08:09:56Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Dogecoin Out Of Fashion? Volume & Whale Activity Plunges\",\"url\":\"http:\\\/\\\/www.shenyangcang.com\\\/news\\\/dogecoin\\\/dogecoin-fashion-volume-whale-activity-plunges\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/www.shenyangcang.com\\\/news\\\/dogecoin\\\/dogecoin-fashion-volume-whale-activity-plunges\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/www.shenyangcang.com\\\/wp-content\\\/uploads\\\/2024\\\/02\\\/kanchanara-LPKJJ3M87Ho-unsplash.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/www.shenyangcang.com\\\/wp-content\\\/uploads\\\/2024\\\/02\\\/kanchanara-LPKJJ3M87Ho-unsplash.jpg?fit=6048%2C4024\"},\"articleSection\":\"Dogecoin\",\"author\":[{\"@type\":\"Person\",\"name\":\"Keshav Verma\"}],\"creator\":[\"Keshav Verma\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/www.shenyangcang.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"doge\",\"dogecoin\",\"dogecoin volume\",\"dogecoin whale activity\",\"dogecoin whale transactions\",\"dogecoin whales\",\"dogeusd\"],\"dateCreated\":\"2024-02-12T17:00:22Z\",\"datePublished\":\"2024-02-12T17:00:22Z\",\"dateModified\":\"2024-06-11T08:09:56Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/shenyangcang.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/www.shenyangcang.com\/wp-content\/uploads\/2024\/02\/kanchanara-LPKJJ3M87Ho-unsplash.jpg?fit=6048%2C4024","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.shenyangcang.com\/wp-json\/wp\/v2\/posts\/574625"}],"collection":[{"href":"https:\/\/www.shenyangcang.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.shenyangcang.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.shenyangcang.com\/wp-json\/wp\/v2\/users\/542"}],"replies":[{"embeddable":true,"href":"https:\/\/www.shenyangcang.com\/wp-json\/wp\/v2\/comments?post=574625"}],"version-history":[{"count":0,"href":"https:\/\/www.shenyangcang.com\/wp-json\/wp\/v2\/posts\/574625\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.shenyangcang.com\/wp-json\/wp\/v2\/media\/574679"}],"wp:attachment":[{"href":"https:\/\/www.shenyangcang.com\/wp-json\/wp\/v2\/media?parent=574625"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.shenyangcang.com\/wp-json\/wp\/v2\/categories?post=574625"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.shenyangcang.com\/wp-json\/wp\/v2\/tags?post=574625"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}