Dogecoin (DOGE) trading volume has declined 25% in the past 24 hours to $682 million.
The drop reflects broader cryptocurrency market weakness as 2025 closes with year-low trading activity.
Bitcoin and major altcoins are experiencing their weakest two-week trading stretch since December 2024, according to analytics platform Santiment.
Holiday season timing combined with flat price action has pulled traders away from active positions.
What Happened
Dogecoin has traded in a tight range between $0.1213 and $0.1275 since December 27.
The RSI indicator stagnated at 37, suggesting slight bearish advantage with minimal momentum in either direction.
Santiment data shows Ethereum (ETH), Solana (SOL), ADA, and DOGE all recording less than half their weekly trading volume compared to late 2024.
The decline represents weakening short-term interest rather than panic selling.
Social indicators reinforce the trend with Bitcoin social volume declining steadily since mid-November.
Markets have stayed flat and unpredictable during the final weeks of 2025.
Reduced screen time during holidays has collectively drained liquidity across spot and derivatives markets.
Read also: Arthur Hayes Sells $5.5M In ETH To Buy DeFi Tokens Down 60%-90% Year-Over-Year
Why It Matters
The volume decline marks a significant shift from 2024 when altcoin markets maintained substantial movement during the year-end period.
Dogecoin's tight trading range suggests an impending directional move.
A breakout above current levels would target resistance at $0.146 and $0.195.
A breakdown could push the price toward support in the $0.09 range.
The absence of trading activity reflects broader cryptocurrency market conditions rather than Dogecoin-specific issues.
Lower participation in higher-beta assets indicates weaker risk sentiment across digital asset markets.
The year-end trading slump has affected institutional and retail participation equally.
Read next: Shiba Inu Sees 204 Billion Token Exchange Outflow On December 31 Amid Year-End Trading
