Dogecoin experienced significant price fluctuations of 3.06% following the demise of the renowned Shiba Inu dog.

在著名的柴犬去世後，狗狗幣的價格出現了 3.06% 的大幅波動。

Conversely, the PEPE coin surged over 12% in a single day, reaching an unprecedented high.

相反，PEPE幣單日漲幅超過12%，達到前所未有的高點。

On Monday, major cryptocurrencies encountered a downturn, with Bitcoin (BTC), XRP, and Dogecoin (DOGE) leading the decline. Bitcoin decreased by 0.96%, settling at $68,375, while Ethereum defied the trend, rising over 4% to reach $3,950.

週一，主要加密貨幣遭遇低迷，比特幣（BTC）、XRP和狗狗幣（DOGE）領跌。比特幣下跌 0.96%，收在 68,375 美元，而以太坊則逆勢上漲超過 4%，達到 3,950 美元。

The meme coin market, however, remains buoyant, particularly with the ongoing rivalry between Dogecoin and PEPE coin. Dogecoin, in particular, has exhibited volatility, with slight price declines following the loss of the iconic Shiba Inu dog. PEPE coin, on the other hand, has witnessed a 12% rally in the last 24 hours, hitting new all-time highs of $0.00001718. Despite this, Dogecoin maintains a strong position with substantial support.

然而，模因幣市場仍然活躍，特別是在狗狗幣和 PEPE 幣之間持續競爭的情況下。尤其是狗狗幣表現出波動性，在標誌性的柴犬去世後，價格略有下跌。另一方面，PEPE 代幣在過去 24 小時內上漲了 12%，創下了 0.00001718 美元的歷史新高。儘管如此，狗狗幣在強而有力的支持下仍保持著強勢地位。

Will Dogecoin (DOGE) Attain New Heights?

狗狗幣（DOGE）會達到新的高度嗎？

Over the past week, Dogecoin has enjoyed an 11.31% increase, and despite a 3.06% dip in the last 24 hours, it remains on a bullish trajectory. The coin experienced a monthly surge of more than 17%, with its current price at $0.1685 and a market capitalization exceeding $24.34 billion. However, its daily trading volume dropped by over 31% to $1.12 billion.

過去一周，狗狗幣上漲了 11.31%，儘管在過去 24 小時內下跌了 3.06%，但仍處於看漲軌道。該幣月漲幅超過 17%，目前價格為 0.1685 美元，市值超過 243.4 億美元。然而，其每日交易量下降了 31% 以上，至 11.2 億美元。

Dogecoin (DOGE) Price Chart (Source: CoinMarketCap)

狗狗幣 (DOGE) 價格圖表（來源：CoinMarketCap）

Historically, Dogecoin has displayed similar patterns, particularly evident during its 2021 cycle. If Dogecoin maintains its foothold above $0.1521, it could trigger its rally to $0.1892, potentially reaching $0.2187 and $0.2378. Conversely, if DOGE fails to remain above this critical resistance level, we could witness DOGE falling to $0.1368 and $0.1164, possibly plunging further into bearish territory below $0.08939.

從歷史上看，狗狗幣也表現出類似的模式，在 2021 年周期中尤其明顯。如果狗狗幣維持在 0.1521 美元上方，可能會引發反彈至 0.1892 美元，可能達到 0.2187 美元和 0.2378 美元。相反，如果 DOGE 未能保持在這一關鍵阻力位之上，我們可能會看到 DOGE 跌至 0.1368 美元和 0.1164 美元，可能進一步跌入 0.08939 美元下方的看跌區域。

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