There has been talk for some time that the price of DOGE was ready to exceed $0.1, and it has finally happened. The meme coin king, despite being away from Elon Musk’s support, was trading above $0.1 at the time of writing this article and has achieved double-digit gains for the day. So, what’s next?
Why Is Dogecoin Rising?
도지코인이 상승하는 이유는 무엇입니까?
Dogecoin, which started as a joke 10 years ago, has reached a massive investor community over the years. The increase in its price reached such a point that in May 2021, it aimed for $1. However, due to comments made by Elon Musk on the SNL Show he participated in, the price moved away from its target, which was seen as a dream years ago. Now, after massive sales, it is giving signals of a comeback by exceeding $0.1 again.
10년 전 농담으로 시작된 도지코인은 수년에 걸쳐 대규모 투자자 커뮤니티에 도달했습니다. 가격 인상은 2021년 5월 1달러를 목표로 하는 지점에 도달했습니다. 하지만 엘론 머스크가 자신이 참여한 SNL 쇼에서 한 발언으로 인해 가격은 수년 전 꿈으로 보던 목표에서 벗어나게 됐다. 이제는 대대적인 판매에 이어 다시 0.1달러를 돌파하며 재기의 신호탄을 보내고 있다.
The fundamental reason for the rise was the rally that Bitcoin‘s price has been gaining momentum for weeks. So much so that we saw that even high-risk assets like LUNC, UST, PEPE made significant gains. We were saying that this could bring liquidity to rivals like Shiba and DOGE. And so it happened, while most popular altcoins stayed put, high-risk cryptocurrencies experienced speculative surges.
상승의 근본적인 이유는 비트코인 가격이 몇 주 동안 모멘텀을 얻고 있다는 반등이었습니다. LUNC, UST, PEPE와 같은 고위험 자산조차도 상당한 이익을 얻었습니다. 우리는 이것이 Shiba 및 DOGE와 같은 경쟁사에 유동성을 가져올 수 있다고 말하고 있었습니다. 그래서 가장 인기 있는 알트코인은 그대로 유지되는 반면, 고위험 암호화폐는 투기 급증을 경험했습니다.
DOGE Comments and Predictions
For the first time since April, the DOGE price exceeding $0.1 has also revitalized demand in futures trading. According to Coinglass data, the size of open positions increased by 58% for DOGE in the last week. A full $625 million of positions is supporting the DOGE price to rise even further.
4월 이후 처음으로 DOGE 가격이 0.1달러를 넘으면서 선물 거래 수요도 활성화됐다. Coinglass 데이터에 따르면 지난 주 DOGE의 공개 포지션 규모가 58% 증가했습니다. 전체 6억 2,500만 달러의 포지션이 DOGE 가격의 더욱 상승을 뒷받침하고 있습니다.
The size of open positions at its peak on November 2, 2022, and the price surpassing $0.1 suggest that the rally could aim for new highs. Investors who believe that DOGE’s price will rise faster compared to Bitcoin are starting to shift their interest to it, taking higher risks during this rise period.
DOGE, which has not yet achieved the desired level of gains against BTC, has more room to grow. DOGE is still at bear market levels in BTC parity, and if we see movement here, a 300% rally up to $0.3 above $0.15 should not surprise investors.
아직 BTC에 대해 원하는 수준의 이익을 달성하지 못한 DOGE는 성장할 여지가 더 많습니다. DOGE는 여전히 BTC 패리티에서 약세장 수준에 있으며, 여기에서 움직임이 보이면 $0.15보다 $0.3까지 300% 상승하는 것은 투자자들을 놀라게 해서는 안 됩니다.
However, due to the rapid rise in the price of Bitcoin and the anticipated corrective movement not yet occurring, investors should be cautious against possible sudden profit-taking.
다만, 비트코인 가격이 급등하고 예상되는 조정 움직임이 아직 나타나지 않고 있어 투자자들은 갑작스러운 차익 실현에 주의해야 합니다.
Continue Reading: https://en.coin-turk.com/dogecoins-rise-how-and-why-its-happening/계속 읽기: https://en.coin-turk.com/dogecoins-rise-how-and-why-its-happening/