The first meme-inspired cryptocurrency, Dogecoin (DOGE), has recently shown signs that could excite the crypto community — ancient Dogecoin whales are stirring. The data is revealing: a significant number of dormant DOGE coins have been on the move, and a swarm of new mega-wallets has emerged. Today, we saw a massive movement of DOGE from stagnant wallets, a phenomenon that historically has precipitated notable price movements.

第一個受迷因啟發的加密貨幣——狗狗幣（DOGE）——最近顯示出可能令加密社群感到興奮的跡象——古老的狗狗幣鯨魚正在激動人心。數據揭示了這一點：大量休眠的 DOGE 幣一直在流動，並且大量新的大型錢包已經出現。今天，我們看到 DOGE 從停滯的錢包中大規模流動，這種現像在歷史上曾引發顯著的價格波動。

Moreover, the creation of 121 new wallets, each holding over one million DOGE, within the past month alone, indicates growing interest from big-money players. This surge in activity could potentially lead to increased liquidity and volatility on the DOGE market.

此外，僅在過去一個月內就創建了 121 個新錢包，每個錢包都持有超過 100 萬個 DOGE，這表明大資金玩家的興趣日益濃厚。這種活動激增可能會導致 DOGE 市場的流動性和波動性增加。

🐶 #Altcoins are back in the green today, and data indicates there has been a massive amount of older $DOGE moving out of stagnant wallets today. Keep an eye on this, as well as the fact that 121 new 1M+ #Dogecoin wallets have popped up in the past month. https://t.co/OjXvbTEEf9 pic.twitter.com/zHMyiqBI7c

#Altcoins 今天又回到了綠色狀態，數據表明今天有大量舊的 $DOGE 從停滯的錢包中移出。請密切注意這一點，以及過去一個月裡出現了 121 個新的 100 萬+#Dogecoin 錢包的事實。 https://t.co/OjXvbTEEf9 pic.twitter.com/zHMyiqBI7c

— Santiment (@santimentfeed) November 22, 2023

- Santiment (@santimentfeed) 2023 年 11 月 22 日

The Dogecoin/USDT price chart offers additional insights. DOGE has been trending upward after a prolonged period of consolidation, with price action now testing a significant resistance level. This level has previously acted as a barrier to upward movements, but the increased activity and new wallet formations hint at the potential for a breakout.

狗狗幣/USDT 價格圖表提供了更多見解。經過長時間的盤整後，DOGE 一直呈現上升趨勢，目前價格走勢正在測試重要的阻力位。該水平此前一直是上漲的障礙，但活動的增加和新的錢包形成暗示了突破的可能性。

Speculation abounds that Elon Musk's intent to establish a payment system on X (formerly known as Twitter) could further galvanize DOGE's value. As one of Dogecoin's most notable proponents, Musk's influence has historically led to price surges, and any integration of DOGE into a larger platform could serve as a catalyst for another rally.

人們普遍猜測伊隆馬斯克打算在 X（以前稱為 Twitter）上建立支付系統，這可能會進一步提升 DOGE 的價值。作為狗狗幣最著名的支持者之一，馬斯克的影響力歷來導致價格飆升，任何將狗狗幣整合到更大平台的行為都可能成為另一次上漲的催化劑。

However, it is crucial to acknowledge that outside of its use as a payment method and its cultural clout as a meme, Dogecoin lacks a substantive use case. Its utility in the broader blockchain ecosystem remains limited, which may impact its long-term value proposition.

然而，重要的是要承認，除了作為支付方式的使用和作為迷因的文化影響力之外，狗狗幣缺乏實質的用例。它在更廣泛的區塊鏈生態系統中的效用仍然有限，這可能會影響其長期價值主張。

Will Dogecoin rally as it has in previous years? The chart patterns, combined with a significant uptick in whale activity, suggest a favorable short-term outlook. The RSI is not indicating an overbought scenario, which leaves room for upward momentum. If the cryptocurrency can break through the current resistance level, there is a possibility for a rally similar to those seen in Dogecoin's storied past.

狗狗幣會像前幾年那樣反彈嗎？圖表模式加上鯨魚活動的顯著增加，顯示短期前景良好。 RSI 並未顯示超買情況，這為上漲動力留下了空間。如果加密貨幣能夠突破當前的阻力位，則有可能出現類似狗狗幣傳奇般的過去的反彈。