Dogecoin activity-related metrics, including Whale Transaction Count, Transaction Volume, and Daily Active Addresses, have displayed a significant drop.
The Whale Transaction Count, representing the total number of DOGE transfers over $1 million, is currently at a low level.
The Transaction Volume, which measures the total amount of Dogecoin involved in transfers, has also decreased.
The Daily Active Addresses, representing the number of addresses participating in at least one transaction daily, has dropped as well.