Dogecoin's Network Activity Plummets, Raising Concerns

Dogecoin的網絡活動下降，引起了人們的關注

Dogecoin has experienced a significant decline in network activity. Unspent Transaction Outputs (UTXOs), a key indicator of user engagement, have fallen by 89% since late 2023. Similarly, active addresses plummeted from 2.66 million in November 2024 to 130,282 in February 2025—a 95% decrease. .20 – Can Bulls Regain Control or Is a Bigger Crash Coming? 4" srcset="https://www.turkishnyradio.com/wp-content/uploads/2025/02/output-29-1.png 1979w, https://www.turkishnyradio.com/wp-content/uploads/2025/02/output-29-1-768x458.png 768w, https://www.turkishnyradio.com/wp-content/uploads/2025/02/output-29-1-1536x916.png 1536w" sizes="(max-width: 1979px) 100vw, 1979px">.20 – Can Bulls Regain Control or Is a Bigger Crash Coming? 3" srcset="https://www.turkishnyradio.com/wp-content/uploads/2025/02/DOGE-2.webp 1792w, https://www.turkishnyradio.com/wp-content/uploads/2025/02/DOGE-2-768x439.webp 768w, https://www.turkishnyradio.com/wp-content/uploads/2025/02/DOGE-2-1536x878.webp 1536w" sizes="(max-width: 1792px) 100vw, 1792px">.20 – Can Bulls Regain Control or Is a Bigger Crash Coming? 2"> This reduced engagement and transaction volume raises concerns about long-term demand and Dogecoin's future market dominance. Experts suggest that a resurgence in user activity is crucial to prevent further market share erosion.

Dogecoin的網絡活動大幅下降。 自2023年下半年以來，Unspent Transaction Outufts（UTXO）是用戶參與度的關鍵指標，下降了89％。同樣，主動地址從2024年11月的266萬人下降到2025年2月的130,282，降至130,282，降低了95％。 .20 - 公牛可以恢復控制還是更大的崩潰會發生？ 3“ srcset =” https://www.turkishnyradio.com/wp-content/uploads/2025/02/doge-2.webp 1792w，https：//www.turkishnyradio comet //www.turkishnyradio.com/wp-content/uploads/2025/02/doge-2-1536x878.webp 1536w“ size =”（max-width：1792px）100vw，10092px，1792px，1792px“> 20 - 公牛控製或更大的崩潰或對doys complase and complation and thor thor thor thor thor thor insive compline and thor thor thor insive and thor in thon thor thor thor thor thone doyd and dod and未來的市場優勢。 專家認為，用戶活動的複興對於防止進一步的市場份額侵蝕至關重要。

Shifting Investor Sentiment: Long-Term Holders Exit

轉移投資者的情緒：長期持有人退出

Recent data reveals a dramatic shift in Dogecoin's investor base. Long-term holders have reduced their exposure by 2.67%, while mid-term holders have decreased their holdings by 11.81%. This exodus likely stems from price instability and waning confidence in future growth. The sell-off by mid-term holders suggests a reluctance to endure a prolonged period of market stagnation.

最近的數據顯示，Dogecoin的投資者基礎發生了巨大的轉變。長期持有人的曝光率減少了2.67％，而中期持有人的持股量減少了11.81％。這種出埃及可能源於價格不穩定和對未來增長的信心。中期持有人的拋售表明不願忍受長時間的市場停滯期。

Dogecoin's Struggle to Maintain $0.20: A Looming Crash?

Dogecoin努力保持$ 0.20：迫在眉睫的墜機事故？

Investor Caution and Market Sentiment

投資者的注意和市場情緒

This change in ownership structure reflects growing distrust in Dogecoin's future. Investors may be reacting to broader market conditions, declining adoption rates, or increased competition from newer cryptocurrencies. A continued trend could lead to market instability driven by short-term traders, exacerbating price volatility.

所有權結構的變化反映了對Dogecoin的未來的不信任。 投資者可能會對更廣泛的市場狀況，採用率下降或增加較新的加密貨幣競爭做出反應。 持續的趨勢可能會導致短期交易者驅動的市場不穩定，加劇價格波動。

The Rise of Speculative Trading

投機交易的興起

While long-term investors are withdrawing, short-term trading has surged by 107.45%. This indicates a growing preference for quick profits over long-term strategies. This surge in short-term trading likely contributes to recent price volatility and unpredictable price movements.

儘管長期投資者正在撤離，但短期交易卻飆升了107.45％。這表明對快速利潤而不是長期策略的偏愛。 短期交易的這種激增可能導致了最近的價格波動和不可預測的價格變動。

Dogecoin's Struggle to Maintain $0.20: A Looming Crash?

Dogecoin努力保持$ 0.20：迫在眉睫的墜機事故？

Market Instability and the Impact of Speculation

市場不穩定和投機的影響

Market analysts warn that this influx of speculative trading, while seemingly benign, is destabilizing the market and hindering Dogecoin's recovery. The increased presence of short-term traders could trigger price drops, potentially discouraging long-term investors from re-entering the market.

市場分析師警告說，這種投機性交易的湧入雖然看似良好，但正在破壞市場穩定，並阻礙了Dogecoin的複蘇。短期交易者的存在增加可能會觸發價格下跌，這可能會阻止長期投資者重新進入市場。

Key Questions for Dogecoin's Future

Dogecoin未來的關鍵問題

Analysts emphasize that without a return to downward stability, Dogecoin risks further short-term speculation, increasing volatility and making a sustainable price recovery even more challenging. Rebuilding investor confidence and achieving wider adoption are crucial for Dogecoin's long-term viability.

分析人士強調，如果沒有恢復向下的穩定性，Dogecoin就會有進一步的短期投機，增加波動性並使可持續價格恢復更具挑戰性。 重建投資者的信心和實現更廣泛的採用對於Dogecoin的長期可行性至關重要。

Dogecoin's Struggle to Maintain $0.20: A Looming Crash?

Dogecoin努力保持$ 0.20：迫在眉睫的墜機事故？

Market Outlook: Hope Amidst Caution

市場前景：希望謹慎

Despite the bearish sentiment, some analysts remain optimistic. For example, CryptoELITES predicts a Dogecoin rebound, with potential price targets of $0.75, $1.5, and even $5. However, the overall market sentiment remains cautious. Robert Leshner, Founder of Compound, noted the plummeting transaction volume on the Dogecoin network and warned of a potential "cheap impending delisting from exchanges." As always, cryptocurrency investments are highly volatile; conduct thorough research and only invest what you can afford to lose.

儘管有看跌的情緒，但一些分析師仍然樂觀。 例如，CryptoElites預測Dogecoin的反彈，潛在的價格目標為0.75美元，1.5美元，甚至5美元。但是，總體市場情緒仍然謹慎。 Compound的創始人羅伯特·萊斯納（Robert Leshner）指出，Dogecoin網絡上的交易量暴跌，並警告說，潛在的“即將廉價從交流中脫穎而出”。 與往常一樣，加密貨幣投資高度波動。進行徹底的研究，只投資您可以負擔得起的損失。

Frequently Asked Questions

常見問題

1. Why Dogecoin Can't Hold the $0.20 Price Level: Continued selling pressure from large holders, diminished network activity, and a decrease in long-term holders contribute to price uncertainty and volatility.
2. Impact of Rising Short-Term Holders on Dogecoin's Price: An increase in short-term traders exacerbates price volatility, negatively impacting long-term growth and investor confidence.
3. Will Dogecoin Recover? Analyst Predictions: Some analysts predict a possible rebound if demand increases, with potential targets of $0.75 and above. However, sustained network activity is crucial for recovery.
4. Factors That Could Cause Dogecoin's Price to Plummet: A bearish broader market, decreased transaction volumes, regulatory uncertainty, and a Bitcoin price drop could all negatively impact Dogecoin's support levels.

Glossary of Key Terms

為什麼Dogecoin不能持有0.20美元的價格水平：繼續銷售大型持有人的壓力，網絡活動減少以及長期持有人的下降有助於價格不確定性和波動性。短期持有人對Dogecoin價格上漲的影響：短期貿易商的上漲會增加價格的增長，使長期易變和投資者的增長對狗的信心產生影響。分析師的預測：一些分析師預測，如果需求增加，則可能的反彈，潛在目標為0.75美元及以上。 但是，持續的網絡活動對於恢復至關重要。可能導致狗狗幣的價格下降的因素：看跌更廣泛的市場，減少交易量，監管不確定性和比特幣價格下跌可能會對Dogecoin的支持水平產生負面影響。

• Support Level: A price point where buying interest prevents further price declines. For Dogecoin, $0.20 is a crucial support level.
• Resistance Level: A price level where profit-taking caps upward movement. $0.25 could act as a resistance level if Dogecoin recovers.
• Whale: A large cryptocurrency holder who can influence market prices through large-scale buy or sell transactions.
• Short-Term Holders: Investors who buy and sell assets quickly, increasing price volatility.
• Liquidity: The ease of buying or selling an asset without significantly affecting its price. Low liquidity increases price volatility.
• Market Sentiment: The overall investor attitude towards an asset. The bearish sentiment surrounding Dogecoin is attributed to sell-offs, whale activity, and declining adoption.
• Speculative Trading: Buying and selling assets based on price speculation rather than intrinsic value.

References

支持水平：購買利息阻止進一步價格下降的價格點。 對於Dogecoin而言，$ 0.20是一個至關重要的支持水平。抗性水平：利潤促進上升的價格水平。 $ 0.25如果Dogecoin恢復，可以用作電阻水平。Whare：一個大型加密貨幣持有人，可以通過大規模買賣交易來影響市場價格。Short-Term持有人：快速購買和銷售資產的投資者，提高價格波動性。易流動性：易於購買或出售資產而不會影響其價格而不會影響其價格。低流動性提高了價格波動。市場情緒：投資者對資產的總體態度。 圍繞Dogecoin的看跌情緒歸因於拋售，鯨魚活動和採用下降。規範交易：基於價格投機而不是內在價值的買賣資產

NewsBTC, The Crypto Basic, Holders (Note: Please provide full citations for these references if possible).

NewsBTC，Crypto Basic，持有人（注意：如果可能的話，請為這些參考提供完整的引用）。