DOLO's trading volume surged roughly
↗250%
over the past week even as more people sold than bought.
Selling activity dominates
The buyer-to-seller ratio hit 0.68 over the past 24 hours (roughly 1.5x more sellers than buyers) while investor interest in trading contracts declined roughly
↘24%
over the past week.
Investors selling at a loss
Network data shows investors are selling at a loss, with activity metrics reflecting cautious sentiment. Only 69 active addresses were recorded, indicating limited network engagement.
Price swings remain elevated
The price declined roughly
↘9.5%
over the past 24 hours with a price swing of approximately 22% within the day, reflecting heightened volatility.
Outpacing Layer 2 peers weekly
DOLO outpaced Layer 2 peers by roughly
↗7.5%
over the past week, even as the broader category declined approximately
↘10%
over the same period. Only 44% of the maximum supply is currently in circulation.