Dogecoin Drops Amidst Meme Coin Surge

狗狗幣在 Meme 代幣激增中下跌

Despite the recent gains experienced by other meme coins, Dogecoin (DOGE) has faced a decline in price. This downturn has been attributed to selling pressure from whales, combined with low investor participation.

儘管其他模因幣最近經歷了上漲，但狗狗幣（DOGE）面臨價格下跌。這種低迷歸因於鯨魚的拋售壓力以及投資者參與度較低。

Whale Sell-Off

鯨魚拋售

Whale addresses holding between 10 million and 100 million DOGE have sold over 300 million coins in the past week, worth approximately $50 million. This has reduced their total holdings to 17.36 billion DOGE.

持有 1,000 萬至 1 億枚 DOGE 的 Whale 地址在過去一周已售出超過 3 億枚代幣，價值約 5,000 萬美元。這使得他們的總持有量減少至 173.6 億枚 DOGE。

Low Investor Participation

投資者參與度低

Retail investors have also shown limited enthusiasm for DOGE, as evidenced by the low active addresses ratio of 0.89%. This indicates that a small percentage of investors are actively transacting on the network, suggesting uncertainty about potential profits and the presence of potential losses.

散戶對 DOGE 的熱情也有限，活躍地址比例較低，僅 0.89%。這表明一小部分投資者正在網路上積極交易，這表明潛在利潤和潛在損失存在不確定性。

Broken Ascending Triangle

破碎的上升三角形

Recently, DOGE's price attempted to break through an ascending triangle pattern, which had a potential upside target of 22%. However, the coin failed to cross $0.190 and has since fallen back.

最近，DOGE 的價格試圖突破上升三角形形態，該形態的潛在上漲目標為 22%。然而，該代幣未能突破 0.190 美元，此後有所回落。

Price Prediction

價格預測

Currently, DOGE is trading at $0.159, holding above the critical support level of $0.151. If the broader market remains bearish, the coin could potentially decline to $0.142 or lower.

目前，DOGE 的交易價格為 0.159 美元，高於 0.151 美元的關鍵支撐位。如果大盤仍然看跌，代幣可能會跌至 0.142 美元或更低。

On the other hand, if DOGE successfully rebounds and reclaims $0.168 as support, it could rise to $0.182. Breaching this resistance would invalidate the bearish scenario and push DOGE towards $0.190 and beyond.

另一方面，如果 DOGE 成功反彈並奪回 0.168 美元支撐位，則可能升至 0.182 美元。突破這一阻力位將使看跌情景失效，並將 DOGE 推向 0.190 美元及以上。