Dogecoin, the popular meme-inspired cryptocurrency, saw its price decline 1.59% over the past 24 hours to $0.06052. This price drop comes amid a period of sideways trading for Dogecoin, which has struggled to gain momentum over the past month.

인기 있는 밈에서 영감을 받은 암호화폐인 도지코인(Dogecoin)은 지난 24시간 동안 가격이 1.59% 하락한 0.06052달러를 기록했습니다. 이번 가격 하락은 지난 한 달 동안 추진력을 얻기 위해 애썼던 도지코인(Dogecoin)의 횡보 거래 기간 중에 발생했습니다.

With a market capitalization of $8.55 billion, Dogecoin remains one of the top 10 largest cryptocurrencies by market cap. However, its trading volume over the past 24 hours was just $103.98 million, which is relatively low compared to other major cryptos.

시가총액이 85억 5천만 달러인 Dogecoin은 시가총액 기준 상위 10대 암호화폐 중 하나로 남아 있습니다. 그러나 지난 24시간 동안의 거래량은 1억 398만 달러에 불과해 다른 주요 암호화폐에 비해 상대적으로 낮은 수준이다.

Analyzing the percentage changes across different timeframes provides further insights into Dogecoin's recent price action:

다양한 기간에 걸쳐 백분율 변화를 분석하면 Dogecoin의 최근 가격 조치에 대한 추가 통찰력을 얻을 수 있습니다.

• Over the past hour, Dogecoin's price dropped 0.26%. This indicates some minor near-term selling pressure.

지난 한 시간 동안 Dogecoin의 가격은 0.26% 하락했습니다. 이는 단기적으로 약간의 매도 압력이 있음을 나타냅니다.

• Over the past 7 days, Dogecoin is down 3.02%. This shows the coin has been steadily declining over the past week.
• The monthly performance shows a 2.98% loss, evidencing the sideways trading pattern seen over the past few weeks.
• Over the past 6 months, Dogecoin has plunged 18.33%. This highlights the broader downtrend Dogecoin has been stuck in so far in 2022 amid the ongoing crypto bear market.

지난 6개월 동안 Dogecoin은 18.33% 하락했습니다. 이는 진행 중인 암호화폐 약세 시장 속에서 2022년 현재까지 Dogecoin이 더 광범위한 하락 추세에 갇혀 있음을 강조합니다.

So what's behind this sideways price action and inability for Dogecoin to gain upside momentum? There are a few key factors at play:

What's Causing the Lackluster Price Action?

부진한 가격 조치의 원인은 무엇입니까?

The broader crypto market downturn in 2022 has weighed on sentiment and prices across many altcoins, including Dogecoin. With Bitcoin down 60% year-to-date, most cryptocurrencies have struggled to make headway as macroeconomic conditions have deteriorated.

High inflation and rising interest rates have pushed investors towards safer assets, draining speculative investments like cryptocurrencies of liquidity in 2022. Without a supportive macro backdrop, it's been difficult for Dogecoin to sustain any rally attempts.

In addition, Dogecoin lacks the real-world utility and adoption seen in other top cryptocurrencies like Ethereum. As a meme coin created as a joke, Dogecoin doesn't have substantial fundamental value drivers. This makes it especially vulnerable during periods of risk-off sentiment.

What's the Outlook for Dogecoin for the Rest of 2022 and 2023?

Given the headwinds facing both Dogecoin and the broader crypto market, it's unlikely Dogecoin will be able to breakthrough its sideways trading pattern over the remainder of 2022. Without a significant improvement in macroeconomic conditions or sentiment, further downside is more likely.

However, there are some potential catalysts on the horizon that could benefit Dogecoin in 2023:

• The Dogecoin Foundation has been ramping up development efforts to improve the blockchain's capabilities. Upgrades like reduced transaction fees could improve utility.

Dogecoin 재단은 블록체인의 기능을 향상시키기 위해 개발 노력을 강화해 왔습니다. 거래 수수료 절감과 같은 업그레이드는 유틸리티를 향상시킬 수 있습니다.

• Elon Musk’s Twitter acquisition could be a positive, as he has previously voiced support for Dogecoin and proposed accepting it for payments.

Elon Musk의 트위터 인수는 이전에 Dogecoin에 대한 지지를 표명하고 지불을 위해 이를 수락할 것을 제안했기 때문에 긍정적일 수 있습니다.

• Broader retail interest in Dogecoin remains strong, so any upturn in sentiment could spark rallies. The crypto bear market can't last forever.

Overall, Dogecoin is likely to remain correlated with the overall crypto market direction for now. But 2023 could see Dogecoin finally break out of its rut if conditions improve and bullish sentiment returns. Periods of consolidation ultimately set the stage for the next major advance, so more patient investors may be rewarded long-term.

Will Meme Coins Like Dogecoin Stand the Test of Time?

Dogecoin과 같은 Meme 코인이 시간의 시험을 견딜 수 있을까요?

Meme coins like Dogecoin face substantial skepticism about their long-term viability and role in the crypto space. Created as jokes or to capitalize on hype, meme coins lack the real-world utility that gives cryptocurrencies like Ethereum inherent value.

Dogecoin과 같은 Meme 코인은 암호화폐 공간에서의 장기적인 생존 가능성과 역할에 대해 상당한 회의론에 직면해 있습니다. 농담으로 만들어지거나 과대 광고를 이용하기 위해 만들어진 밈 코인에는 이더리움과 같은 암호화폐에 고유한 가치를 부여하는 실제 유틸리티가 부족합니다.

However, Dogecoin has shown impressive resilience and has maintained a top 10 market cap position. This suggests that meme coins can carve out a niche over the long-term, despite their inherent limitations. A few factors contributing to Dogecoin's staying power include:

• Strong brand awareness and marketing: Dogecoin's meme origins tapped into online culture and spread rapidly. This grassroots adoption makes it recognizable even outside of crypto-native circles.
• Backing of prominent figures like Elon Musk: High-profile evangelists lend legitimacy and give coins like Dogecoin momentum during hype cycles.

Elon Musk와 같은 저명한 인물의 후원: 유명 전도사들은 합법성을 부여하고 과대 광고 주기 동안 Dogecoin과 같은 코인에 추진력을 제공합니다.

• Speculative appeal: Meme coins are attractive "lottery tickets" during bull markets due to potential for explosive gains. This speculative allure keeps them relevant.

투기적 매력: Meme 코인은 폭발적인 상승 가능성으로 인해 강세장 동안 매력적인 "복권"입니다. 이 투기적인 매력은 그것들을 관련성있게 유지합니다.

While Dogecoin lacks robust fundamentals, it shouldn't be underestimated given its brand recognition and appeal amongst the retail masses. But long-term viability likely hinges on development efforts translating into greater utility and real-world use cases. Without that, meme status can only take Dogecoin so far.

Can Altcoins Like Dogecoin Decouple From Bitcoin?

Dogecoin과 같은 Altcoin이 Bitcoin에서 분리될 수 있습니까?

Bitcoin remains the dominant force in crypto, and its price gyrations often dictate market-wide sentiment. But there is debate around whether altcoins like Dogecoin can decouple from Bitcoin's movements, especially during bear markets.

On one hand, some level of correlation is inevitable given Bitcoin's status and most altcoin trading pairs still being BTC-based. Major Bitcoin price swings inevitably impact the overall market climate. This centrality makes true decoupling unlikely in the near future.

한편으로는 비트코인의 지위와 대부분의 알트코인 거래 쌍이 여전히 BTC 기반이라는 점을 고려할 때 어느 정도의 상관관계는 불가피합니다. 주요 비트코인 ​​가격 변동은 필연적으로 전체 시장 환경에 영향을 미칩니다. 이러한 중심성은 가까운 미래에 진정한 분리를 불가능하게 만듭니다.

However, some factors may allow altcoins to diverge more from Bitcoin:

그러나 일부 요인으로 인해 알트코인이 비트코인과 더 많이 다를 수 있습니다.

• Continued growth of stablecoin and altcoin-based trading pairs like DOGE/USDT on exchanges. This reduces Bitcoin's dominance over liquidity flows.

거래소에서 DOGE/USDT와 같은 스테이블 코인 및 알트코인 기반 거래 쌍의 지속적인 성장. 이는 유동성 흐름에 대한 비트코인의 지배력을 감소시킵니다.

• Fundamental developments like upgrades, product launches and adoption for altcoins. Strong project-specific catalysts can outweigh macro trends.
• Increased institutional flow into the altcoin space, rather than just Bitcoin futures ETFs. Broadened focus can lead to differentiation.

비트코인 선물 ETF뿐만 아니라 알트코인 공간으로 제도적 흐름이 증가했습니다. 초점을 넓히면 차별화가 가능합니다.

While Bitcoin and macro factors still drive most price action, idiosyncratic fundamentals and developments could allow leading altcoins like Dogecoin to move more independently long-term. But it’s a gradual process requiring maturation of the overall crypto ecosystem.

비트코인과 거시적 요인이 여전히 대부분의 가격 행동을 주도하고 있지만, 독특한 펀더멘털과 개발로 인해 Dogecoin과 같은 선도적인 알트코인이 장기적으로 보다 독립적으로 움직일 수 있습니다. 그러나 이는 전체 암호화폐 생태계의 성숙을 요구하는 점진적인 과정입니다.