The post Analysing DogeDay’s Influence on the Price Dynamics of DogeCoin: In-Depth appeared first on Coinpedia Fintech News

分析 DogeDay 對 DogeCoin 價格動態的影響：深入分析首先出現在 Coinpedia 金融科技新聞上

DogeDay is almost here, and everyone’s buzzing about it. People think it could really shake up the price of DogeCoin. Right now, we are seeing Dogecoin’s value go up in what is called a rally. Let’s take a closer look at how DogeDay might affect Dogecoin’s price, considering how the market reacted in past years.

DogeDay 即將到來，每個人都在談論它。人們認為這確實可以撼動狗狗幣的價格。現在，我們看到狗狗幣的價值在所謂的反彈中上漲。考慮到過去幾年市場的反應，讓我們仔細看看 DogeDay 可能會如何影響狗狗幣的價格。

1. DogeDay: What’s It

1.DogeDay：這是什麼

Before we start our analysis, let’s understand what DogeDay actually is. 

在開始分析之前，我們先來了解一下 DogeDay 到底是什麼。

Dogecoin is a meme coin known for its funny dog logo and its active online community. DogeDay is a special day for the DogeCoin community, even though it does not mark any big achievements or anything. It is kind of funny because they picked April 20th, which is part of April Fool’s month, on purpose. The celebration further strengthens the bond and unity between its community members. 

狗狗幣是一種迷因硬幣，以其有趣的狗標誌和活躍的線上社群而聞名。 DogeDay 對 DogeCoin 社區來說是一個特殊的日子，儘管它並不標誌著任何重大成就或任何東西。這有點有趣，因為他們故意選擇了 4 月 20 日，這是愚人節的一部分。此次慶祝活動進一步加強了社區成員之間的聯繫和團結。

Does this celebration truly influence the price dynamics of DogeCoin? It is what we are going to see. 

這次慶祝活動真的會影響狗狗幣的價格動態嗎？這就是我們將要看到的。

2. DogeDay Effect: DogeCoin Historic Trading Volume Analysis 

2.DogeDay效應：DogeCoin歷史交易量分析

模因幣

2023年4月18日24小時交易量

2023年4月20日24小時交易量

狗狗幣

$533.283k

$198.445k

On April 20, 2023, the 24-hour trading volume of DogeCoin raised to $198.445K from $116.071K, reported in the beginning of the same month. Four days after the event, on 24th April, 2023, the volume touched $1.221M, highest in the month, far higher than the $71.485k mark reached in the beginning of that year. 

2023 年 4 月 20 日，狗狗幣 24 小時交易量從同月初的 116,071K 美元升至 198,445K 美元。活動四天后，即 2023 年 4 月 24 日，成交量觸及 122.1 萬美元，為當月最高水平，遠高於年初達到的 71,485 萬美元大關。

Yesterday, on 18th April, 2024, the trading volume was around $533.283k. Today, on 19th April, 2024, it also crossed the mark of $1.282M. 

昨天，2024 年 4 月 18 日，交易量約為 533,283k 美元。今天，2024 年 4 月 19 日，它也突破了 128.2 萬美元大關。

This is enough to assume that we see increased trading activities in DogeCoin during periods of DogeDay celebrations.  

這足以假設我們在狗狗日慶祝活動期間看到狗狗幣的交易活動增加。

Read Also : Dogecoin’s Evolution and the Emergence of DogeDay: What You Should Know

另請閱讀：狗狗幣的演變和 DogeDay 的出現：您應該知道什麼

3. DogeDay Effect: DogeCoin Price Analysis

3.DogeDay效應：DogeCoin價格分析

模因幣

2023年4月18日價格

2023年4月20日價格

狗狗幣

0.15 美元

0.083 美元

Previous year, on April 20, the price was at $0.083, lower than its previous day’s closing price of $0.086. Day after the DogeDay, it even fell further to 0.0777 (on April, 21, 23. That year, the market was mostly in a sideways movement. In the beginning of that year, it was around $0.07. By the end of January, I climbed to $0.09. On 9th March, 2023, I fell to $0.06. On 3rd April, 2023, It climbed to $0.09. After the DogeDay 2023, the price of the coin slowly started to descend. In mid-April, it came down to $0.06 level. It remained in that rage for a long period. In late-October, it climbed back to $0.07, after remaining trapped in the $0.05 Range for a small period. In early December, 2023, it briefly crossed the 0.100 mark.   

去年 4 月 20 日，售價為 0.083 美元，低於前一日收盤價 0.086 美元。在DogeDay之後的第二天，它甚至進一步跌至0.0777（4月21日、23日）。 2023 年3 月9 日昇至0.09 美元，2023 年4 月3 日昇至0.09 美元，4 月中旬價格開始緩慢下跌。突破0.05 美元大關後，又回升至0.07 美元。

In the beginning of the year 2024, the price of DogeCoin was at $0.09. A major upward momentum was witnessed in late February, when it climbed swiftly from $0.08 to $0.11, on 29th February. On 28th March, nearly one much after it entered this bullish phase, it touched the mark of $0.21. 

2024年初，狗狗幣的價格為0.09美元。 2 月底出現了主要的上漲勢頭，2 月 29 日從 0.08 美元迅速攀升至 0.11 美元。 3 月 28 日，在進入看漲階段近一小時後，價格觸及 0.21 美元大關。

The present price of $0.15 is far lower than the peak reached on 28th March. 

目前的價格為 0.15 美元，遠低於 3 月 28 日達到的峰值。

The data shows that the current trend is slightly favourable to DogeCoin. Unlike the previous year, there is a bullish trend that supports the coin.  

數據顯示，目前的趨勢對DogeCoin稍微有利。與前一年不同的是，目前有看漲趨勢支持該代幣。

Read More : Dogecoin Price Prediction 2024 – 2025: Will DOGE Prices Top $1 With This Break?

了解更多：2024-2025 年狗狗幣價格預測：這次突破後狗狗幣價格會突破 1 美元嗎？

Endnote 

尾註

The influence of DogeDay on DogeCoin’s price dynamics is evident through increased trading volume during celebrations. While historical analysis indicates mixed results in price movements, current trends suggest a more favourable outlook, with a bullish trend supporting DogeCoin’s value. 

DogeDay 對 DogeCoin 價格動態的影響透過慶祝期間交易量的增加顯而易見。雖然歷史分析顯示價格走勢好壞參半，但當前趨勢顯示前景更樂觀，看漲趨勢支撐了狗狗幣的價值。