Dogecoin Soars in November, Outperforming Top Crypto Assets

狗狗幣 11 月飆升，跑贏頂級加密資產

Over the past week, Dogecoin (DOGE) has witnessed a remarkable rally, surging by an impressive 143%. This surge has positioned Dogecoin as the standout gainer in the current bullish market.

過去一周，狗狗幣 (DOGE) 出現了驚人的上漲，飆升了 143%，令人印象深刻。這種飆升使狗狗幣成為當前牛市中的佼佼者。

This upward movement has been fueled by influential developments in the broader market, including political events such as the U.S. presidential election, in which Elon Musk-backed Donald Trump claimed victory on November 6.

這一上漲趨勢受到更廣泛市場影響力發展的推動，包括美國總統大選等政治事件，馬斯克支持的唐納德·川普在 11 月 6 日宣布獲勝。

On November 7, DOGE overcame temporary resistance and resumed its rally on November 8, ultimately reaching $0.40, a level not seen since June 2021. Dogecoin has since continued to rise, reaching $0.428 at the time of this report, representing a 54% gain in the past 24 hours. Its market capitalization has crossed the $60 billion mark, currently standing at $62 billion, a peak last seen in May 2021. DOGE is now the sixth-largest crypto asset.

11 月7 日，DOGE 克服了暫時阻力，並於11 月8 日恢復漲勢，最終達到0.40 美元，這是自2021 年6 月以來的最高水平。時達0.428 美元，較2020 年上漲54%。其市值已突破 600 億美元大關，目前為 620 億美元，上次達到高峰是在 2021 年 5 月。

Retail Holders Drive DOGE Surge

零售持有者推動 DOGE 激增

According to data from Santiment, a significant portion of this surge has been driven by smaller, retail wallets. Over the past month, nearly 75,000 new wallets holding less than 100,000 DOGE have emerged. This indicates that retail enthusiasm has pushed prices higher.

根據 Santiment 的數據，這一增長的很大一部分是由較小的零售錢包推動的。過去一個月，出現了近 75,000 個持有少於 100,000 DOGE 的新錢包。這顯示零售熱情推高了價格。

Technical Analysis

技術分析

Dogecoin has broken through the upper Bollinger Band, indicating an overbought market. However, analyst Ali Martinez highlights potential upside targets, including $2.40 or even $18 if bullish momentum remains intact. Similarly, crypto analyst Crypto Kaleo suggests that the rally is still in its early stages, forecasting potential moves to $0.50 and beyond, with $1 as a major milestone.

狗狗幣已突破布林通道上軌，顯示市場超買。然而，分析師 Ali Martinez 強調了潛在的上漲目標，包括 2.40 美元，如果看漲勢頭保持不變，甚至可以達到 18 美元。同樣，加密貨幣分析師 Crypto Kaleo 表示，反彈仍處於早期階段，預測可能上漲至 0.50 美元及以上，其中 1 美元是一個重要里程碑。