Data: DOGE's transaction volume exceeded 1.93 million in the past week, reaching a new high since early July
Foresight News, according to data from CoinDesk citing IntoTheBlock, the trading volume of Doge (DOGE) network has surpassed 1.93 million transactions in the past week, reaching a new high since early July, exceeding other popular tokens such as Shiba Inu (SHIB), Floki (FLOKI) and Pepe (PEPE). However, CoinGlass data shows that since late July, the open interest of DOGE futures has remained around $500 million, indicating that new capital has not yet entered the market in large quantities. It is worth noting that although the trading volume has surged, the current weekly trading volume is still lower than the peak of 10 million transactions reached in February 2024.
