# Dogecoin Volume Plunges 49% to $607M as Price Falls for Fourth Straight Day

- URL: https://stocks.freetheai.org/news/dogecoin-volume-plunges-49-to-607m-as-price-falls-for-fourth-straight-day-bef537
- Published: 2026-10-18T01:07:00Z
- Category: crypto; sentiment: bearish; impact: low
- Symbols: [COINBASE:DOGEUSD](https://stocks.freetheai.org/symbols/COINBASE-DOGEUSD)
- Written by our AI from expert market sources across the web for FreeTheAI Stocks, built by Vibhek Soni
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Dogecoin (COINBASE:DOGEUSD) saw its 24-hour trading volume fall 49% to $607 million over the weekend as the digital asset dropped for a fourth consecutive day, trading near $0.079. The pullback extends a broader decline from its October 4 high of $0.097, which pushed the token below its 50-day and 200-day moving averages.

The reduced activity comes as investors evaluate wider macroeconomic pressures across crypto markets. Hotter-than-expected inflation data and comments from Federal Reserve Chairman Kevin Warsh have heightened uncertainty ahead of the central bank's upcoming interest rate decision. Chairman Warsh declined to clarify whether another rate increase is planned this month, curbing trader participation during quieter weekend hours.

Key price levels remain in focus if trading activity rebounds. Significant historical trading volume sits around $0.081, where large holders have accumulated approximately 600 million tokens since October 12. Further resistance levels lie at $0.087 and $0.094, while technical support is anticipated around $0.07 if downside pressure continues.

## Key points

- Dogecoin 24-hour trading volume dropped 49% to $607 million amid a fourth day of price declines.
- Prices touched $0.079, continuing a downturn from an October 4 peak of $0.097 that broke below key moving averages.
- Macro uncertainty mounted following hotter inflation data and cautious interest rate comments from Federal Reserve Chairman Kevin Warsh.
- Large holders added about 600 million DOGE near the $0.081 level since October 12.

## Questions and answers

### Why did Dogecoin trading volume drop?

Dogecoin trading volume dropped 49% to $607 million due to quieter weekend trading and ongoing crypto market selling pressure following hotter-than-expected inflation data.

### What interest rate news is affecting Dogecoin?

Investors are weighing hotter inflation data two weeks ahead of the Federal Reserve rate decision, with Chairman Kevin Warsh declining to signal whether another rate hike is coming.

### What key price levels are analysts watching for Dogecoin?

Traders are monitoring resistance at $0.081, $0.087, and $0.094 if prices rebound, with support expected around $0.07 if the selloff deepens.