The world’s largest memecoin, Dogecoin (DOGE), has once again caught the attention of institutional investors and whales. At the time of writing this article, DOGE is trading at $0.07691 with a market cap of $10.9 billion, experiencing an increase of nearly 1% in the last 24 hours. Data suggests that the next target level for this giant memecoin, which has increased its value by more than 136 times since its inception, could be $0.1.

全球最大的迷因幣狗狗幣（DOGE）再次引起了機構投資者和鯨魚的注意。截至撰寫本文時，DOGE 的交易價格為 0.07691 美元，市值為 109 億美元，在過去 24 小時內上漲了近 1%。數據顯示，這個巨大的 memecoin 自誕生以來其價值已增加了 136 倍以上，其下一個目標水平可能是 0.1 美元。

Dogecoin’s High Institutional and Whale Interest

狗狗幣的高機構和鯨魚興趣

Dogecoin saw a significant increase in transactions surpassing $100,000 throughout last month and continuously reached new highs. Experienced cryptocurrency analyst Ali Martinez reported that this notable increase indicates an increased interest in DOGE from institutional players and large-scale investors, also known as whales, leading to speculation of significant price increases in the short term.

狗狗幣上個月的交易量大幅增加，超過 10 萬美元，並不斷創出新高。經驗豐富的加密貨幣分析師 Ali Martinez 報告稱，這一顯著增長表明機構參與者和大型投資者（也稱為鯨魚）對 DOGE 的興趣增加，導致短期內價格大幅上漲的猜測。

A significant amount of old DOGE is currently being transferred from previously inactive wallet addresses, indicating a potential change in the price trajectory of this meme-inspired altcoin. This movement coincides with an increasing trend of creating wallet addresses holding over one million DOGE, indicating growing interest from significant investors.

目前，大量舊 DOGE 正在從以前不活躍的錢包地址轉移，這表明這種受模因啟發的山寨幣的價格軌跡可能會改變。這一趨勢與創建持有超過 100 萬 DOGE 的錢包地址的趨勢相一致，表明重要投資者的興趣日益濃厚。

On-chain analysis firm Santiment stated that this significant increase in transfers of old DOGE from inactive wallet addresses is a notable development in the market dynamics of the altcoin.

鏈上分析公司 Santiment 表示，從不活躍錢包地址轉移舊 DOGE 的顯著增加是山寨幣市場動態的顯著發展。

Is $0.1 Next in Line for DOGE Price?

DOGE 價格接下來會是 0.1 美元嗎？

DOGE’s ongoing rally could gain more momentum with increasing demand from new users, but bulls need to overcome the initial resistance at $0.080 to sustain this upward trend. Global In/Out of the Money (GIOM) data from IntoTheBlock, categorizing current DOGE investors based on their entry prices, also supports this analysis.

隨著新用戶需求的增加，DOGE 的持續上漲可能會獲得更多動力，但多頭需要克服 0.080 美元的初步阻力才能維持這一上漲趨勢。 IntoTheBlock 的全球資金進/出 (GIOM) 數據根據當前 DOGE 投資者的入場價格對其進行分類，也支持了這一分析。

The data reveals that 762,860 wallet addresses purchased 19.6 billion DOGE at a minimum price of $0.80. A significant sell-off by these investors could trigger a sudden drop in Dogecoin’s price, but breaking through the initial sell wall could pave the way for reclaiming $0.10.

數據顯示，762,860 個錢包位址以 0.80 美元的最低價格購買了 196 億個 DOGE。這些投資者的大幅拋售可能會引發狗狗幣價格突然下跌，但突破最初的拋售牆可能會為收回 0.10 美元鋪平道路。

On the contrary, a drop in price below $0.06 could disrupt the current bullish outlook. In such a scenario, support could come from 457,560 wallet addresses that purchased 30.8 billion DOGE at an average price of $0.067. If these investors choose to hold their positions, it could prevent a decline in Dogecoin’s price. However, an early sell-off by this group could cause Dogecoin’s price to drop to $0.06.

相反，價格跌破 0.06 美元可能會擾亂當前的看漲前景。在這種情況下，支援可能來自 457,560 個錢包地址，這些地址以 0.067 美元的平均價格購買了 308 億個 DOGE。如果這些投資者選擇持有頭寸，則可以防止狗狗幣價格下跌。然而，該群體的早期拋售可能會導致狗狗幣的價格跌至 0.06 美元。

繼續閱讀：https://en.coin-turk.com/dogecoin-attracts-high-institutional-and-whale-interest/