Analysis: The trading volume and the number of large transactions of Dogecoin have decreased, leading to a decline in market activity

On-chain analyst Ali pointed out that Dogecoin has recently seen a decline in trading volume and the number of large transactions, which often indicates a decrease in trading activity. This trend may suggest that the number of people buying, selling or transferring DOGE is decreasing, which could be related to a decline in public interest or confidence in this cryptocurrency.