Dogecoin trading volume drops by 25% to $682 million as cryptocurrency markets reach lowest levels of the year
December 31, 2025
Dogecoin (DOGE) has experienced a 25% decrease in trading volume over the last 24 hours, dropping to $682 million. This decline mirrors the overall weakness seen in the cryptocurrency market as 2025 comes to a close with year-low trading activity. According to analytics platform Santiment, both Bitcoin and major altcoins are currently going through their weakest two-week trading period since December 2024.
The decrease in trading volume can be attributed to a combination of factors, including the holiday season timing and the lack of significant price movement in the market. These factors have led traders to step back from active trading positions, resulting in reduced overall trading volume.
Dogecoin has been trading within a narrow range between $0.1213 and $0.1275 since December 27. The Relative Strength Index (RSI) indicator has remained stagnant at 37, indicating a slight bearish bias with minimal momentum in either direction. Data from Santiment also shows that Ethereum (ETH), Solana (SOL), ADA, and DOGE have all experienced a significant decrease in their weekly trading volume compared to late 2024. However, this decline is more reflective of weakening short-term interest rather than panic selling.
Social indicators further support this trend, with Bitcoin’s social volume steadily declining since mid-November. The overall market has been relatively flat and unpredictable during the final weeks of 2025, with reduced screen time during the holidays contributing to decreased liquidity across spot and derivatives markets.
The decline in trading volume holds significance as it marks a departure from the active trading seen in 2024 during the year-end period. The tight trading range of Dogecoin hints at a potential impending directional movement, with a breakout above current levels targeting resistance at $0.146 and $0.195, while a breakdown could push the price towards support at around $0.09.
It is important to note that the decrease in trading activity is not specific to Dogecoin but rather a reflection of the broader conditions in the cryptocurrency market. Lower participation in higher-risk assets indicates a general weakening of risk sentiment across digital asset markets, impacting both institutional and retail traders equally. The year-end trading slump has affected market participants across the board.
