TL;DR
TL;DR
Major investors have recently acquired 750 million DOGE during the market downturn, potentially signaling an impending price surge. While some analysts predict a further price drop to $0.17, historical data suggests the possibility of a significant bull run for Dogecoin in the future.
主要な投資家は最近、市場の低迷中に7億5,000万人のDogeを取得し、潜在的に差し迫った価格の急増を示しています。一部のアナリストは、さらに価格が0.17ドルに低下すると予測していますが、歴史的なデータは、将来のDogecoinの重要なブルランの可能性を示唆しています。
Indications of a Market Reversal
市場の逆転の兆候
The cryptocurrency market has experienced significant losses in recent days, primarily due to the sharp decline on February 3rd. While Bitcoin has dropped 6%, altcoins have suffered more substantial losses.
暗号通貨市場は、主に2月3日の急激な減少のために、最近では大きな損失を経験しています。ビットコインは6%減少しましたが、アルトコインはより大きな損失を被りました。
Dogecoin (DOGE), the popular meme coin, has been among the most affected, with its price falling below $0.30 and recording a 21% weekly decline (as per CoinGecko data).
人気のあるミームコインであるDogecoin(Doge)は最も影響を受けており、価格は0.30ドルを下回り、週21%の減少を記録しています(Coingeckoデータによる)。
Whale Accumulation
クジラの蓄積
Despite the downtrend, large investors known as "whales" have taken advantage of the dip and increased their holdings in DOGE. Analyst Ali Martinez revealed that they purchased 750 million tokens (roughly $200 million) during the correction. "This indicates strong confidence in the market," Martinez stated.
Despite the downtrend, large investors known as "whales" have taken advantage of the dip and increased their holdings in DOGE. Analyst Ali Martinez revealed that they purchased 750 million tokens (roughly $200 million) during the correction. "This indicates strong confidence in the market," Martinez stated.
Whale accumulation is often interpreted as a bullish omen, as it can influence other traders to follow suit and trigger an uptrend. The reduced supply of DOGE available in the open market could also contribute to an increase in valuation, assuming demand remains stable or grows.
Whale accumulation is often interpreted as a bullish omen, as it can influence other traders to follow suit and trigger an uptrend. The reduced supply of DOGE available in the open market could also contribute to an increase in valuation, assuming demand remains stable or grows.
Contrasting Whale Behavior
対照的なクジラの行動
The whales' recent actions differ from their moves at the beginning of the month when they sold 270 million DOGE within 24 hours, which was followed by a price decline.
The whales' recent actions differ from their moves at the beginning of the month when they sold 270 million DOGE within 24 hours, which was followed by a price decline.
DOGE Predictions
Dogeの予測
The meme coin's market movements have sparked speculation about its future trajectory. Analyst AMCrypto suggested that DOGE may experience a further dip to $0.17 before embarking on a rally towards a new all-time high.
Meme Coinの市場の動きは、将来の軌跡についての憶測を引き起こしました。アナリストのAmcryptoは、Dogeが新しい史上最高に向かって集会に着手する前に、さらにDIPを0.17ドルに経験する可能性があることを提案しました。
Trader Tardigrade and KALEO have also provided their forecasts. Tardigrade cited historical performance to predict a significant bull run, noting that:
トレーダーの遅刻とカレオも予測を提供しています。タルディグレードは、重要なブルランを予測するために歴史的なパフォーマンスを引用しました。
"In the 2016 pullback, DOGE retraced 59.76%, followed by a +9,221% bull run. In the 2020 pullback, DOGE retraced 56.2%, followed by a +30,693% bull run. When in doubt, check the macro chart."
"In the 2016 pullback, DOGE retraced 59.76%, followed by a +9,221% bull run. In the 2020 pullback, DOGE retraced 56.2%, followed by a +30,693% bull run. When in doubt, check the macro chart."
KALEO expressed bullish sentiment, stating that $0.25 is "a solid entry and practically free compared to where we'll see it a few months from now."
カレオは強気感情を表明し、0.25ドルは「今から数ヶ月後に見られる場所と比較して、堅実なエントリであり、実質的に無料である」と述べた。