, @media only screen and (min-width: 0px) and (min-height: 0px) { div[id^="bsa-zone_1708432009695-0_123456"] { min-width: 320px; min-height: 50px; } } @media only screen and (min-width: 640px) and (min-height: 0px) { div[id^="bsa-zone_1708432009695-0_123456"] { min-width: 728px; min-height: 90px; } } Historical data suggests the sentiment may precede a price hike to $0.27 Significant drop in social volume could imply a potential buying opportunity For the first time since September 2023, the Weighted Sentiment around Dogecoin [DOGE] hit -1.562 on the charts. This, according to AMBCrypto’s analysis of Santiment’s data. Here, Weighted Sentiment can be defined as a result of the average comments about an asset on social media. Hate could be fuel On 24 May, Kabosu, the Shiba Inu dog that inspired the creation of Dogecoin, died. This prompted a hike in positive commentary about DOGE. However, the latest reading also revealed that for every 1 good comment about the coin, there were 1.56 more that were contrary to the same. @media only screen and (min-width: 0px) and (min-height: 0px) { div[id^="bsa-zone_1708432127066-0_123456"] { min-width: 320px; min-height: 50px; } } @media only screen and (min-width: 640px) and (min-height: 0px) { div[id^="bsa-zone_1708432127066-0_123456"] { min-width: 728px; min-height: 90px; } } Typically, if negative sentiment dominates the market, demand for the memecoin might fall on the charts. However, for Dogecoin, history begs to differ. Consider September 2023, for instance – Back when the metric was a similar position, DOGE’s price was $0.064. However, the altcoin’s price soon jumped to $0.097 in less than three months. For the memecoin community, this upswing is called a “hated rally.” It happens whenever a pessimistic view about a cryptocurrency fuels a price hike on the charts. Source: Santiment Though history might not repeat itself, the pattern could appear again. If this is the case, DOGE’s price might move to a yearly high of $0.27 before the beginning of the next quarter. At press time, the memecoin was valued at $0.16. Here, it’s also worth noting that data from IntoTheBlock revealed that 84% of all DOGE holders were making money at the aforementioned price level. Should the value of the cryptocurrency rise as predicted, another set of 1.2 billion coins might fall into profit. For 100% of the total supply to be in gains, the memecoin’s price needs to hit $0.32. Source: IntoTheBlock Does Bitcoin have DOGE’s key? This was the average price of 755,230 addresses accumulating DOGE. While this is not impossible, the price potential might depend on the movement of Bitcoin [BTC] too. AMBCrypto mentioned this because of the correlation between BTC and DOGE. At the time of writing, the correlation between both coins was 0.86. On the contrary, for Ethereum [ETH] and most altcoins, the reading was much lower. Hence, this implies that Dogecoin moves more strongly with Bitcoin than it does with other cryptocurrencies. Source: IntoTheBlock On-chain data recently also revealed how Bitcoin’s price is now at a good accumulation point. Going by this assumption, it could be safe to say that DOGE is in a similar condition. Ergo, a notable Bitcoin hike could drive DOGE’s price higher too. Additionally, AMBCrypto assessed the memecoin’s social volume as well. At press time, this metric had fallen to 120 from 614. Realistic or not, here’s DOGE’s market cap in BTC terms From a price perspective, this decline could reinforce the notion that demand might wane. At the same time, it could offer a buying opportunity since most participants have lately been uncertain about the coin’s short-term performance. Source: Santiment Take a Survey: Chance to Win $500 USDT   @media only screen and (min-width: 0px) and (min-height: 0px) { div[id^="bsa-zone_1708432161540-0_123456"] { min-width: 320px; min-height: 50px; } } @media only screen and (min-width: 640px) and (min-height: 0px) { div[id^="bsa-zone_1708432161540-0_123456"] { min-width: 728px; min-height: 90px; } } Next: UNI’s price sees +15% uptick after Uniswap’s new proposal beckons vote Share Share Tweet

，@media僅限螢幕和（最小寬度：0px）和（最小高度：0px）{div [id ^ =“bsa-zone_1708432009695-0_123456”]{最小寬度：320px; 最小高度：50px； } } @media 僅螢幕和 (min-width: 640px) 和 (min-height: 0px) { div[id^="bsa-zone_1708432009695-0_123456"] { min-width: 728px; 最小高度：90px； 歷史數據表明，這種情緒可能會先於價格上漲至0.27 美元社交量大幅下降可能意味著潛在的買入機會自2023 年9 月以來，圍繞狗狗幣[DOGE] 的加權情緒首次在圖表上觸及-1.562。這是根據 AMBCrypto 對 Santiment 數據的分析得出的。在這裡，加權情緒可以定義為社交媒體上有關資產的平均評論的結果。仇恨可能會助長 5 月 24 日，激發狗狗幣創造靈感的柴犬 Kabosu 去世。這促使對 DOGE 的正面評論增加。然而，最新的讀數也顯示，每有 1 則對該幣的好評，就會有 1.56 則相反的評論。 @media only 螢幕 and (min-width: 0px) and (min-height: 0px) { div[id^="bsa-zone_1708432127066-0_123456"] { min-width: 320px; 最小高度：50px； } } @media 僅螢幕和 (min-width: 640px) 和 (min-height: 0px) { div[id^="bsa-zone_1708432127066-0_123456"] { min-width: 728px; 最小高度：90px； 通常，如果負面情緒主導市場，對 memecoin 的需求可能會下降。然而，對狗狗幣來說，歷史卻有所不同。例如，考慮 2023 年 9 月 – 當指標處於類似位置時，DOGE 的價格為 0.064 美元。然而，不到三個月的時間，山寨幣的價格很快就躍升至 0.097 美元。對於 memecoin 社區來說，這種上漲被稱為「令人討厭的反彈」。每當對加密貨幣的悲觀看法法導致圖表上的價格上漲時，就會發生這種情況。來源：Santiment 雖然歷史可能不會重演，但這種模式可能會再次出現。如果是這樣的話，DOGE 的價格可能會在下一季開始前升至 0.27 美元的年度高點。截至發稿時，memecoin 的價值為 0.16 美元。在這裡，也值得注意的是，IntoTheBlock 的數據顯示，84% 的 DOGE 持有者在上述價格水準上賺錢。如果加密貨幣的價值如預期上漲，另一組 12 億枚硬幣可能會陷入盈利。為了使總供應量 100% 上漲，memecoin 的價格需要達到 0.32 美元。來源：IntoTheBlock 比特幣有 DOGE 的金鑰嗎？這是累積 DOGE 的 755,230 個地址的平均價格。雖然這並非不可能，但價格潛力也可能取決於比特幣 [BTC] 的走勢。 AMBCrypto 提到這一點是因為 BTC 和 DOGE 之間的相關性。截至撰寫本文時，兩種貨幣之間的相關性為 0.86。相反，對於以太坊 [ETH] 和大多數山寨幣來說，讀數要低得多。因此，這意味著狗狗幣與比特幣的走勢比與其他加密貨幣的走勢更為強勁。來源：IntoTheBlock 鏈上數據最近也揭示了比特幣的價格目前處於良好的累積點。根據這個假設，可以肯定地說 DOGE 也處於類似的情況。因此，比特幣的顯著上漲也可能推高 DOGE 的價格。此外，AMBCrypto 也評估了 memecoin 的社交量。截至發稿時，這項指標已從 614 跌至 120。同時，它可能提供買入機會，因為大多數參與者最近對該代幣的短期表現感到不確定。資料來源：Santiment 進行一項調查：有機會贏得500 美元USDT @media only screen and (min-width: 0px) and (min-height: 0px) { div[id^="bsa-zone_1708432161540-0_123456"] { min-width : 320 像素; 最小高度：50px； } } @media 僅螢幕和 (min-width: 640px) 和 (min-height: 0px) { div[id^="bsa-zone_1708432161540-0_123456"] { min-width: 728px; 最小高度：90px； 下一篇：在 Uniswap 的新提案引發投票後，UNI 的價格上漲了 15% 分享 分享 Tweet