即使在伊隆馬斯克的支持下，狗狗幣（DOGE）仍因表現不佳而受到批評

Dogecoin Faces Challenges Amidst Market Shift

狗狗幣在市場轉變中面臨挑戰

Dogecoin, once a darling of social media influencers and retail investors, is struggling to regain significant traction, eliciting a mixed response within its community. Elon Musk's occasional endorsements have failed to propel the cryptocurrency to past heights.

狗狗幣曾經是社群媒體影響者和散戶投資者的寵兒，但現在正努力重新獲得巨大的吸引力，在社區內引起了不同的反應。伊隆馬斯克偶爾的認可未能將加密貨幣推向過去的高度。

Community Discord

社區不和諧

This lack of momentum has divided the community, with many criticizing the meme coin's price performance. Dogecoin has experienced a steady decline, as depicted in the chart. It has encountered resistance breaking above key moving averages, including the 200-day EMA.

這種動力的缺乏導致了社區的分裂，許多人批評迷因幣的價格表現。如圖所示，狗狗幣經歷了穩定下降。它遇到了突破關鍵移動平均線（包括 200 日均線）的阻力。

Weakening Musk Effect

減弱麝香效應

The absence of price surges despite high-profile endorsements suggests a shift in the market's perception of Dogecoin. Previously, endorsements from individuals like Musk significantly boosted its price.

儘管得到了高調的認可，但價格並未飆升，這表明市場對狗狗幣的看法發生了轉變。此前，馬斯克等個人的認可大幅推高了其價格。

However, the community's reliance on endorsements has diminished as the hype-driven environment of 2021 has waned. Investors are seeking more sustainable price action based on fundamentals rather than celebrity tweets. The overall state of the cryptocurrency market has also contributed to Musk's diminished influence.

然而，隨著 2021 年炒作驅動環境的減弱，社區對代言的依賴已經減少。投資者正在尋求基於基本面而不是名人推文的更可持續的價格走勢。加密貨幣市場的整體狀況也導致了馬斯克影響力的減弱。

Trader Expectations

交易者期望

In the wake of the hype, crypto traders are now prioritizing the utility and applications of cryptocurrencies over endorsements. DOGE/USDT Chart by TradingView
To regain momentum, Dogecoin must overcome significant resistance levels, particularly the 200-day and 26-day moving averages. A renewed focus on utility or integration into broader use cases could also boost investor confidence and stabilize the price.