Dogecoin has emerged as one of the clear winners in the last week after its price climbed over 10% to secure the $0.075 level. This incredible rally has brought the meme coin to its highest level in the last three months. However, it may only be getting started as multiple DOGE metrics continue to exhibit bullishness.
狗狗幣上週價格上漲超過 10%,達到 0.075 美元的水平,成為明顯的贏家之一。這種令人難以置信的反彈使模因幣達到了過去三個月來的最高水平。然而,隨著多個 DOGE 指標繼續表現出看漲情緒,這可能才剛開始。
Dogecoin Whales Still In The Game
狗狗幣鯨魚仍在遊戲中
One of the most important metrics that show how investors are looking at a coin like Dogecoin is what the large investors are doing. Initially, when the crypto market rally began and DOGE started to move up, the whale addresses remained muted without showing too much activity. But that has started to change with a drastic rise in the whale movements.
顯示投資者如何看待像狗狗幣這樣的代幣的最重要指標之一是大型投資者正在做什麼。最初,當加密貨幣市場開始反彈並且 DOGE 開始上漲時,鯨魚地址仍然保持沉默,沒有表現出太多活動。但隨著鯨魚活動的急劇增加,這種情況已經開始改變。
According to data from IntoTheBlock, in the last 24 hours, Dogecoin whales have carried out over $1.48 billion worth of transactions. This is in stark contrast to last week’s figures coming in at an average of $600 million in daily transactions by these large holders.
根據 IntoTheBlock 的數據,在過去 24 小時內,狗狗幣鯨魚已經進行了價值超過 14.8 億美元的交易。這與上週這些大持有者平均每日交易額 6 億美元的數字形成鮮明對比。
DOGE large transactions climb to $1.48 billion | Source: IntoTheBlock
DOGE大額交易攀升至14.8億美元 |來源:IntoTheBlock
It means that there has been a more than 100% rise in daily large transaction volume for Dogecoin, suggesting that the whales are coming out to play. The spike also began around November 4 which is when the DOGE price had begun moving upward quickly. This could mean that these whales have been buying large quantities, leading to a drastic decrease in the available DOGE supply on the open market.
這意味著狗狗幣的每日大額交易量增加了100%以上,顯示鯨魚要出來玩了。高峰也在 11 月 4 日左右開始,此時 DOGE 價格開始快速上漲。這可能意味著這些鯨魚一直在大量購買,導致公開市場上可用的 DOGE 供應急劇減少。
The number of large transactions reached 1,320 on November 6, just 100 transactions shy of the asset’s October highs. IntoTheBlock also shows a leaning toward bullishness with more addresses being bullish compared to those which are bearish.
11 月 6 日,大筆交易數量達到 1,320 筆,距離該資產 10 月高點僅差 100 筆。 IntoTheBlock 也顯示出看漲的傾向,與看跌的地址相比,看漲的地址更多。
DOGE Volumes Are On The Rise
DOGE 交易量正在上升
Dogecoin whale transactions and volumes are not the only Dogecoin metrics that have been on the rise. The meme coin’s daily trading volume has also exploded during this time as well, with a 64% increase in a 24-hour period.
狗狗幣鯨魚交易和交易量並不是狗狗幣唯一成長的指標。 Meme 幣的每日交易量在此期間也出現爆炸性成長,24 小時內成長了 64%。
Daily trading volume rises | Source: CoinMarketCap
每日交易量上升|資料來源:CoinMarketCap
This drastic rise has brought its daily trading volume above $870 million with the possibility of crossing $1 billion in the coming days. This exponential rise in daily trading volume indicates rising interest, especially with the spot buying and selling.
這一大幅成長使其每日交易量超過 8.7 億美元,未來幾天有可能突破 10 億美元。每日交易量呈指數級增長表示興趣不斷上升,尤其是現貨買賣。
During this time, the DOGE profitability has been rising quickly, bringing 53% of all holders back into profit. This has contributed to the bullish sentiment of the meme coin and could help to trigger more capital inflow into Dogecoin as investors try to take advantage of the price recovery.
在此期間,DOGE 獲利能力迅速上升,使所有持有者的 53% 重新獲利。這促進了迷因幣的看漲情緒,並可能有助於引發更多資本流入狗狗幣,因為投資者試圖利用價格回升的機會。
DOGE price loses footing at $0.075 | Source: DOGEUSD On Tradingview.com
DOGE 價格跌至 0.075 美元 |資料來源:Tradingview.com 上的 DOGEUSD