Dogecoin Price Surge and Elon Musk Lawsuit

狗狗幣價格飆漲和伊隆馬斯克訴訟

Dogecoin (DOGE) has witnessed a remarkable rally, propelling its price from $0.15 to $0.43 within days, its highest point in over three years. This surge contributed to a 55% gain over the past week.

狗狗幣 (DOGE) 見證了驚人的上漲，幾天之內將其價格從 0.15 美元推升至 0.43 美元，創三年多來的最高點。這一激增導致過去一周上漲 55%。

The rally gained further momentum from a statement mentioning "DOGE" by the Department of Government Efficiency, igniting market excitement.

政府效率部發表的一份提及「DOGE」的聲明進一步推動了漲勢，引發了市場的興奮。

Elon Musk Lawsuit

馬斯克訴訟

The class-action lawsuit filed in 2022, accusing Elon Musk and Tesla of price manipulation, has been withdrawn by the plaintiffs as of November 14, 2024. The lawsuit alleged that Musk and Tesla engaged in a pyramid scheme to inflate DOGE's value, seeking $258 billion in damages.

2022 年提起的集體訴訟，指控馬斯克和特斯拉操縱價格，截至2024 年11 月14 日，原告已撤回。索取258 美元億的損失。

In the legal filing, the plaintiffs agreed to withdraw their appeal and waive their right to pursue further relief. Both parties have also agreed to drop sanctions motions related to the case. The withdrawal awaits formal approval by U.S. District Judge Alvin K. Hellerstein for the litigation to be officially concluded.

在法律備案中，原告同意撤回上訴並放棄尋求進一步救濟的權利。雙方也同意放棄與此案相關的製裁動議。撤回的請求有待美國地區法官阿爾文·K·海勒斯坦 (Alvin K. Hellerstein) 的正式批准，訴訟才能正式結束。

Technical Analysis

技術分析

Dogecoin has displayed significant bullish momentum recently, as evident from a golden cross pattern, where the 50-day moving average crosses above the 200-day moving average.

狗狗幣最近顯示出顯著的看漲勢頭，從黃金十字形態可以看出，50 日移動平均線穿過 200 日移動平均線上方。

This pattern typically indicates strong upward trends and has often preceded major price rallies. DOGE's price has broken through resistance levels at $0.22 and $0.30, with rising trading volumes supporting this momentum.

這種模式通常表示強勁的上升趨勢，並且通常出現在價格大幅上漲之前。 DOGE 的價格已突破 0.22 美元和 0.30 美元的阻力位，交易量的增加支撐了這一勢頭。

Veteran trader Peter Brandt has drawn attention to DOGE's adherence to classical charting principles. He observed a similarity between its current price action and a pattern in 2020, which led to a significant rally.

資深交易員 Peter Brandt 引起了人們對 DOGE 對經典圖表原則的遵守的關注。他觀察到當前的價格走勢與 2020 年的模式有相似之處，導致了大幅上漲。

This pattern has contributed to DOGE's impressive 190% rally in 2024. Brandt's analysis underscores the technical strength behind Dogecoin's recent performance and suggests the potential for continued bullish trends.

這種模式促成了狗狗幣在 2024 年令人印象深刻的 190% 漲幅。