Dogecoin (DOGE) has seen a notable increase in both its price and transaction volume. According to Santiment, a prominent crypto analytics firm, Dogecoin has experienced a modest 5% surge, standing out during a predominantly bearish day.

This surge is backed by an impressive $665 million in on-chain transaction volume, marking the highest level seen in the past three months. 

이러한 급증은 지난 3개월 동안 가장 높은 수준인 6억 6,500만 달러의 온체인 거래량을 뒷받침합니다.

Additionally, there has been a significant increase in the number of Dogecoin long positions, indicating a strong bet by traders on the continued rise in its price.

Dogecoin outperforming other altcoins 

The most recent CoinGecko data presents a stark contrast between Dogecoin and other major altcoins. 

가장 최근의 CoinGecko 데이터는 Dogecoin과 다른 주요 알트코인 간의 뚜렷한 대조를 보여줍니다.

Dogecoin is up more than 6% over the past 24 hours. Meanwhile, altcoins of the likes of Ethereum (ETH), Solana (SOL), Avalance (AVAX), Cardano (ADA), and Shiba Inu (SHIB) are all in the red. 

Dogecoin은 지난 24시간 동안 6% 이상 상승했습니다. 한편, 이더리움(ETH), 솔라나(SOL), 아발란스(AVAX), 카르다노(ADA), 시바견(SHIB) 등의 알트코인은 모두 적자 상태다.

In fact, Dogecoin is the only major cryptocurrency in the green over the last 24 hours.    

Possible catalysts     

The recent momentum in Dogecoin's market performance can be partly attributed to significant whale activities and the buzz around its lunar ambitions. 

Recently, a Dogecoin whale moved over 103 million DOGE from the trading platform Robinhood, a part of several large transactions recorded in November. Notably, a massive transfer of 690 million DOGE between unknown wallets was reported, along with other substantial movements involving hundreds of millions of DOGE. 

Furthermore, the excitement is being fueled by the news of a physical Dogecoin token planned to be sent to the moon in December, a project by space payload transporter Astrobotic. This news has sparked considerable interest among Dogecoin enthusiasts and investors, adding to the bullish sentiment around the meme coin.

더욱이, 우주 탑재체 수송업체인 Astrobotic의 프로젝트인 12월에 달에 보낼 예정인 실물 Dogecoin 토큰 소식이 기대감을 증폭시키고 있습니다. 이 소식은 Dogecoin 매니아와 투자자들 사이에서 상당한 관심을 불러일으켰고, 밈 코인에 대한 낙관적인 감정을 더해주었습니다.