Dogecoin Surges on US Election Outcomes

狗狗幣因美國大選結果而飆升

As the US election unfolded on November 5, Dogecoin (DOGE) experienced a significant 957% increase in its key bull metric, indicating heightened interest from crypto whales. The surge in on-chain activity continued throughout the election period and reached a peak on November 6, the day of the results. This bullish sentiment likely stemmed from the victory of Donald Trump, a candidate supported by prominent DOGE advocate Elon Musk.

隨著美國大選於 11 月 5 日展開，狗狗幣 (DOGE) 的關鍵多頭指標大幅增加 957%，顯示加密鯨魚的興趣增強。整個選舉期間，鏈上活動持續激增，並在 11 月 6 日（結果公佈當天）達到高峰。這種看漲情緒可能源自於唐納德·川普的勝利，這位候選人得到了著名的 DOGE 倡導者伊隆·馬斯克的支持。

Data from IntoTheBlock reveals a notable increase in wallet activity among large holders in the lead-up to the election. The Whale Netflow metric recorded a surge from 45.3 million DOGE to 431.3 million DOGE, representing a 957% increase in transaction volume over 24 hours. This substantial inflow suggests that crypto whales were acquiring more DOGE to capitalize on a potential upswing related to Trump's victory, as whales held only a meager 0.1% of the circulating DOGE supply. The surge in whale activity further fueled the DOGE rally after the election results were announced.

IntoTheBlock 的數據顯示，在選舉前夕，大持有者的錢包活動顯著增加。 Whale Netflow 指標從 4,530 萬個 DOGE 激增至 4.313 億個 DOGE，這意味著 24 小時內交易量增加了 957%。這一大量資金流入表明，加密鯨魚正在收購更多 DOGE，以利用與川普獲勝相關的潛在上漲，因為鯨魚僅持有流通 DOGE 供應量的 0.1%。選舉結果公佈後，鯨魚活動的激增進一步推動了 DOGE 的漲勢。

Net inflows during market downturns are not uncommon, as whales often accumulate assets during price dips in anticipation of an upward trend. The recent addition of 620.84 million DOGE to the wallets of major holders further supports this bullish outlook. However, there has also been a notable outflow of DOGE from these wallets, increasing from 56.85 million to 189.54 million tokens. Despite this outflow, the net accumulation remains positive, indicating continued buying pressure from crypto whales.

市場低迷期間的淨流入並不罕見，因為鯨魚通常會在價格下跌期間累積資產，以預期上漲趨勢。最近主要持有者錢包中新增了 6.2084 億 DOGE，進一步支持了這一看漲前景。然而，這些錢包中的 DOGE 也出現了顯著的流出，從 5,685 萬增加到 1,8,954 萬。儘管出現這種流出，但淨積累仍然為正，表明來自加密鯨魚的持續購買壓力。

Following a 10% price increase on November 5, many traders anticipated that DOGE would continue to rise after the election results. As of November 7, however, DOGE has declined 6.35% over the past 24 hours, trading at $0.1869. Its trading volume has also dropped by 56.15% to $5.37 billion, while its market capitalization stands at $27.40 billion.

繼 11 月 5 日價格上漲 10% 後，許多交易者預計 DOGE 將在選舉結果公佈後繼續上漲。然而，截至 11 月 7 日，DOGE 在過去 24 小時內下跌了 6.35%，交易價格為 0.1869 美元。其交易量也下降了56.15%至53.7億美元，而市值為274.0億美元。