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Dogecoin's Daily Transaction Volume Fell To Its Lowest Level Since 2017

Mary Liu

Summary: According to the data from CryptoCompare, the number of daily transactions on the Dogecoin network has dropped to only 18,000. After reaching a peak of over 140,000 in April, it has fallen to its lowest level since 2017. Besides, Google search volume for the term "Dogecoin" also fell to its lowest level since late January.  ...

According to the data from CryptoCompare, the number of daily transactions on the Dogecoin network has dropped to only 18,000. After reaching a peak of over 140,000 in April, it has fallen to its lowest level since 2017. Besides, Google search volume for the term "Dogecoin" also fell to its lowest level since late January. 

According to the data from the Bitpush Terminal, the price of Dogecoin has also fallen by about 71% from the historical high of $0.73 on May 8, currently trading at $0.20 with a 4% drop in 24h.

By Mary Liu

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