Dogecoin Trading Volume Surges Despite Price Dip

儘管價格下跌，狗狗幣交易量仍在激增

Dogecoin, the renowned dog-themed meme coin, has experienced a significant spike in trading volume. According to CoinGlass data, DOGE has surged by 87%.

狗狗幣是著名的以狗為主題的迷因幣，其交易量大幅飆升。根據CoinGlass數據，DOGE已飆升87%。

Despite this volume increase, the DOGE price has fallen by 5.20% in the past 24 hours. Last week, Dogecoin lost a decimal point, dropping by over 7% amidst negative investor sentiment and a stock market correction. Source: CoinMarketCap

儘管交易量有所增加，但 DOGE 價格在過去 24 小時內下跌了 5.20%。上週，由於投資者情緒不佳和股市調整，狗狗幣下跌了一位小數點，跌幅超過 7%。資料來源：CoinMarketCap

Elon Musk's Influence

馬斯克的影響力

Earlier this week, Tesla CEO Elon Musk sparked interest within the cryptocurrency community by commenting on X. In response to a tweet about Starlink bank accounts being frozen, "Sir Doge of the Coin," a prominent Dogecoin supporter, suggested, "Dogecoin fixes this." This interaction attracted attention from the Dogecoin community.

本週早些時候，特斯拉執行長馬斯克(Elon Musk) 對X 的評論引發了加密貨幣社群的興趣。幣支持者「硬幣爵士」表示，「狗狗幣解決了這個問題」 」。這一互動引起了狗狗幣社群的關注。

In January 2021, Musk's remarks led to a 339% surge in Dogecoin's value, bringing it to $0.032642. Its peak price of $0.682 was reached on May 8, 2021. However, despite celebrity endorsements, Dogecoin's business adoption remains limited.

2021 年 1 月，馬斯克的言論導致狗狗幣價值飆升 339%，達到 0.032642 美元。其價格於 2021 年 5 月 8 日達到 0.682 美元的峰值。

Despite Musk's support, Dogecoin has not achieved a major breakthrough. Its price has dropped over 7% amidst the crypto correction.

儘管有馬斯克的支持，狗狗幣仍未有重大突破。在加密貨幣調整期間，其價格下跌了 7% 以上。

Bearish Sentiment

看跌情緒

Losing a decimal point has significantly impacted DOGE investors. As the market moves into the "extreme fear" zone, bullish investors must patiently await the ideal moment to enter the market.

失去小數點對 DOGE 投資者產生了重大影響。隨著市場進入「極度恐懼」區域，看漲的投資者必須耐心等待入市的理想時機。

Dogecoin has faced a consistent decline for several months, encountering resistance at key levels set by its moving averages. The 200-day EMA remains well above the current price, indicating a sustained downward trend.

狗狗幣幾個月來持續下跌，在移動平均線設定的關鍵水平遇到阻力。 200 日均線仍遠高於目前價格，顯示持續下跌趨勢。