Dogecoin (DOGE) is not losing its grip on its latest uptrend, according to current on-chain metrics. The top meme coin is changing hands for $0.07264, up 2.71% in the past 24 hours. In the past week since the month started, Dogecoin has soared by 4.46%.

This week-to-date (WTD) uptick might be the start of a historic record for Dogecoin. According to data from CryptoRank, Dogecoin's growth since 2014 has been characterized by one November with a positive gain, sandwiched between two subsequent losses.

이번 주부터 현재까지(WTD) 상승세는 Dogecoin의 역사적인 기록의 시작일 수 있습니다. CryptoRank의 데이터에 따르면 2014년 이후 Dogecoin의 성장은 11월 1일에 두 번의 연속 손실 사이에 끼어 긍정적인 이익을 얻은 것이 특징입니다.

While November 2014 ended up in a 2.58% upsurge, November 2015 negated this trend by slumping 6.32%. The same bearish downtrend was recorded in November 2016 as DOGE printed a 2.72% drop. Bullish sentiments returned in November 2017 as the meme coin, with no competition at the time, printed more than 81% growth.

2014년 11월에는 2.58%의 급등세를 보였지만, 2015년 11월에는 6.32%의 급락으로 이러한 추세를 무효화했습니다. DOGE가 2.72% 하락을 기록하면서 2016년 11월에도 동일한 하락 추세가 기록되었습니다. 2017년 11월 당시 경쟁이 없었던 밈 코인이 81% 이상의 성장을 기록하면서 낙관적인 감정이 다시 나타났습니다.

CryptoRank를 통한 DOGE 월별 수익

The cycle continued again, with November 2018 and 2019 recording losses and November 2020 closing with 38.7% growth. The two subsequent Novembers also recorded downtrends of 23.4% and 14.6%, respectively, a drop many believe has set the pace for an imminent close this month. The pattern is quite glaring, and the optimism is higher with the current price outlook of the coin.

Wielding the Dogecoin charm

Dogecoin의 매력을 휘두르세요

By default, Dogecoin has a shining legacy of support from the industry's biggest advocates, ranging from Elon Musk to Mark Cuban. While their advocacy seems to have tapered down in the past few months, investors still consider their influence to sustain the support for DOGE.

기본적으로 Dogecoin은 Elon Musk에서 Mark Cuban에 이르기까지 업계 최대 옹호자들의 빛나는 지원 유산을 보유하고 있습니다. 지난 몇 달 동안 이들의 지지가 줄어든 것으로 보이지만, 투자자들은 여전히 ​​DOGE에 대한 지원을 유지하기 위해 이들의 영향력을 고려하고 있습니다.

This explains the obvious whale transactions recorded in recent times, with proof of growing DOGE utility as a payment token. Since 2020 to date, Dogecoin has welcomed hundreds of new meme coin competitors but has managed to maintain its market capitalization of $10.25 billion, which positions it as the ninth largest cryptocurrency.

Current market indications also support DOGE's bullish drives, and time will tell whether the coin will once again repeat its history.

현재 시장 지표는 또한 DOGE의 강세 드라이브를 뒷받침하며 코인이 다시 한번 그 역사를 반복할지 여부는 시간이 알려줄 것입니다.