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On-chain data shows Dogecoin, Solana, and other altcoins are currently seeing half the weekly Trading Volume compared to the end of 2024.
Dogecoin, Solana, & Others Have Seen A Decline In Volume Recently
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In a new post on X, on-chain analytics firm Santiment has talked about the latest trend in the Trading Volume for the various assets in the cryptocurrency sector. This indicator measures, as its name suggests, the total amount of a given token that became involved in trading activities on exchanges over the past week.
When the value of the metric rises, it means trading activity related to the asset is going up. Such a trend can be a
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