$DOGE 5-minute trading volume was about $5.3 million, 10.1 times the previous average; over the same period, the price fell 0.62%.
A question every beginner asks: What does a surge in volume actually mean?
Every trade has both a buyer and a seller, so higher volume alone doesn't mean there are more buyers or that money is flowing in—it just means trading has become more active.
A sudden spike in volume only tells you that trading has picked up; it doesn't prove who's right.
Don't chase trades during the most volatile few minutes. Wait for the price action to play out before deciding.
A question every beginner asks: What does a surge in volume actually mean?
Every trade has both a buyer and a seller, so higher volume alone doesn't mean there are more buyers or that money is flowing in—it just means trading has become more active.
A sudden spike in volume only tells you that trading has picked up; it doesn't prove who's right.
Don't chase trades during the most volatile few minutes. Wait for the price action to play out before deciding.