On-chain data suggests the Dogecoin adoption has been picking up recently as a large number of new addresses are popping up on the network.

鏈上數據表明，隨著網路上出現大量新地址，狗狗幣的採用率最近有所上升。

Dogecoin Is Observing A High Number Of Daily New Addresses Currently

狗狗幣目前觀察到大量每日新地址

In a new post on X, analyst Ali talked about how the Dogecoin network activity has been looking like recently in terms of new address creation. A “new address” is one that has taken part in some kind of transaction activity for the first time.

在 X 上的一篇新帖子中，分析師 Ali 談到了狗狗幣網路活動最近在新地址創建方面的情況。 「新地址」是第一次參與某種交易活動的地址。

Some of the new addresses that pop up on the network every day belong to the existing users, who may be creating additional addresses for privacy purposes or simply moving to a different wallet.

每天在網路上彈出的一些新地址屬於現有用戶，他們可能出於隱私目的創建其他地址或只是轉移到不同的錢包。

The rest of the new addresses, though, are being created by fresh investors entering into the market, so the daily total value of the new addresses can provide hints about how the adoption of the meme coin is coming along.

不過，其餘的新地址是由進入市場的新投資者創建的，因此新地址的每日總價值可以提供有關模因硬幣的採用進展情況的暗示。

The below chart shows the trend in this metric for Dogecoin over the last couple of months:

下圖顯示了過去幾個月狗狗幣該指標的趨勢：

As displayed in the above graph, the daily number of new Dogecoin addresses started spiking last month and has since been consistently setting new highs as the metric continues in an overall upward trajectory. This would suggest that the network has been receiving a consistently high influx of new investors recently.

如上圖所示，狗狗幣每日新地址數量從上個月開始飆升，此後隨著該指標繼續呈整體上升趨勢，一直創下新高。這表明該網絡最近一直在持續大量湧入新投資者。

Adoption is always a constructive sign for any cryptocurrency, as fresh hands can help build a solid foundation that future uplifts in the price can sustainably grow off. Thus, it’s crucial for assets to continue to look attractive to new users, something that Dogecoin appears to have been doing fine recently.

對於任何加密貨幣來說，採用始終是一個建設性的標誌，因為新人可以幫助建立堅實的基礎，使未來價格的上漲能夠持續增長。因此，讓資產繼續對新用戶有吸引力至關重要，而狗狗幣最近似乎做得很好。

Any positive effects on the price that come through adoption, though, generally only appear in the long term. Rather, depending on the nature of the adoption, it can in fact impart a negative influence on the cryptocurrency in the short-term.

不過，透過採用而對價格產生的任何正面影響通常只會在長期內出現。相反，根據採用的性質，它實際上可能在短期內對加密貨幣產生負面影響。

This happens when too many new users join the blockchain in a short amount of time, only buying into the asset due to FOMO. Recently, the on-chain analytics firm Santiment also discussed this fast pace of address creation on the Dogecoin network, noting that Bitcoin (BTC) is also displaying a similar trend.

當太多新用戶在短時間內加入區塊鏈，由於 FOMO 而只購買資產時，就會發生這種情況。最近，鏈上分析公司 Santiment 也討論了狗狗幣網路上地址創建的快速步伐，並指出比特幣（BTC）也顯示出類似的趨勢。

“Though network growth is a great sign long-term, this rapid rate of new wallets is a FOMO sign to be slightly cautious of,” explained the analytics firm in the post.

該分析公司在帖子中解釋說：“雖然從長遠來看，網絡增長是一個很好的跡象，但新錢包的快速增長是一個需要稍微謹慎的 FOMO 跡象。”

From the chart, it’s visible that Cardano (ADA) is the only asset among the top cryptocurrencies by market cap that’s not displaying any sort of address growth at all.

從圖表中可以看出，卡爾達諾（ADA）是市值最高的加密貨幣中唯一一種根本沒有顯示任何地址增長的資產。

DOGE Price

狗狗價格

Since the rally Dogecoin observed during the starting third of the month, the asset has gone rather stale, as its price has continued to move sideways around the $0.093 level during the last two weeks.

自從狗狗幣在本月初觀察到反彈以來，該資產已經變得相當陳舊，因為其價格在過去兩週內繼續在 0.093 美元的水平附近橫向波動。