Dogecoin's Market Cap Slides to $20.5 Billion

狗狗幣市值下滑至 205 億美元

Dogecoin (DOGE) and other memecoins have been hit hard by the recent market downturn. DOGE's market capitalization has fallen to $20.5 billion, a loss of over 7% in the past seven days.

狗狗幣（DOGE）和其他迷因幣受到最近市場低迷的嚴重打擊。 DOGE的市值已跌至205億美元，過去7天損失超過7%。

Dogecoin's Decline

狗幣的衰落

Analysis of Dogecoin's daily chart shows that it began declining before the general market downturn. On June 7th, DOGE fell by over 7%, dropping from around $0.16 to $0.148.

狗狗幣日線圖的分析顯示，它在市場整體低迷之前就開始下跌。 6 月 7 日，DOGE 下跌超過 7%，從 0.16 美元左右跌至 0.148 美元。

On June 10th, DOGE was trading at around $0.144, down approximately 1.4%. As of this writing, it is trading at around $0.141, a further decline of over 2%.

6 月 10 日，DOGE 交易價格約為 0.144 美元，下跌約 1.4%。截至撰寫本文時，其交易價格約為 0.141 美元，進一步下跌超過 2%。

The decline has pushed DOGE's price below its short moving average (yellow line) and the neutral line on its Relative Strength Index (RSI), indicating a bearish trend. Dogecoin remains below the yellow line, which now serves as resistance around $0.15. The RSI is also below 40, further confirming the bearish trend.

此次下跌已使 DOGE 的價格跌破其短期移動平均線（黃線）和相對強弱指數（RSI）的中性線，顯示看跌趨勢。狗狗幣仍低於黃線，目前為 0.15 美元附近的阻力位。 RSI也低於40，進一步證實了看跌趨勢。

Market Cap Decline

市值下降

Dogecoin's market capitalization has declined significantly over the past few days. Before the 7% decline, DOGE's market cap was over $23 billion. However, it fell to around $21 billion after the drop.

狗狗幣的市值在過去幾天大幅下降。在下跌 7% 之前，DOGE 的市值超過 230 億美元。然而，下跌後又跌至210億美元左右。

In the previous trading session, DOGE's market cap was around $20.9 billion. The recent decline has pushed it down to $20.5 billion. Despite the drop, DOGE remains the largest memecoin.

在上一交易日，DOGE 的市值約為 209 億美元。最近的下跌已使其跌至 205 億美元。儘管有所下降，DOGE 仍然是最大的模因幣。

Increased Volume, Dominated by Sellers

銷售量增加，由賣家主導

Dogecoin's volume has increased by over 38% in the last 24 hours. However, this is not a positive sign due to the direction of the price.

在過去 24 小時內，狗狗幣的交易量增加了 38% 以上。然而，由於價格的方向，這並不是一個積極的信號。

The volume trend suggests that there are more sellers than buyers, which is why the price has declined despite the increase in volume.

成交量趨勢顯示賣家多於買家，這就是儘管成交量增加但價格卻下跌的原因。

Conclusion

結論

Dogecoin has suffered significant declines in recent days, with its market cap falling below $21 billion. Sellers are currently dominating the market, indicating a bearish trend for the memecoin.

狗狗幣近幾天大幅下跌，市值跌破 210 億美元。目前，賣家主導了市場，這表明模因幣呈現看跌趨勢。