Dogecoin could be heading toward an imminent sell-off that could tank its price as a significant tranche of coins is about to move into profit. In such a case, it would not be out of the ordinary to see a large number of investors sell off their holdings as they move to secure some profit.

狗狗幣可能即將面臨拋售，這可能會導致其價格下跌，因為大部分代幣即將獲利。在這種情況下，大量投資者為了獲取利潤而拋售所持股份也就不足為奇了。

10 Billion DOGE Headed For Profit

In an interesting twist, the Dogecoin price crossing $0.17 could be both good and bad for the price. This is because a large number of DOGE coins were bought between the $0.15 and $0.168 levels, meaning that a cross above $0.17 would put all of these coins in profit.

100 億狗狗幣走向獲利 一個有趣的轉折是，狗狗幣價格突破 0.17 美元對於價格來說既可能是好事，也可能是壞事。這是因為大量 DOGE 代幣是在 0.15 美元到 0.168 美元的水平之間購買的，這意味著交叉價高於 0.17 美元將使所有這些代幣獲利。

According to data from IntoTheBlock, there are approximately 10 billion DOGE coins that are sitting in this level waiting to move up into profit. At current prices, it means that more than $1.58 billion are waiting for the $0.17 price point to be reclaimed.

相關閱讀：以下是您應該注意的對柴犬最樂觀的預測 根據 IntoTheBlock 的數據，大約有 100 億個 DOGE 幣正處於這一水平等待上漲獲利。以目前的價格計算，這意味著超過 15.8 億美元正在等待 0.17 美元的價格點被收回。

Source: IntoTheBlock

While a move above $0.17 would be positive for the meme coin, it will also put it at risk of a sell-off from these holders. Given that the Dogecoin price has been muted for the majority of 2023 before seeing some upside in March 2024, investor fatigue is expected, prompting some holders to take profit as soon as they see it.

來源：IntoTheBlock 雖然價格上漲到 0.17 美元以上對 Meme 幣來說是積極的，但它也將使其面臨這些持有者拋售的風險。鑑於狗狗幣價格在 2023 年的大部分時間裡一直處於低迷狀態，直到 2024 年 3 月才出現一些上漲，預計投資者會感到疲倦，促使一些持有者一看到獲利就獲利了結。

However, there is also the fact that a move above $0.17 will not be a significant profit margin for a large number of investors. Hence, they might be more inclined to wait for higher prices before selling rather than barely breaking even on their investments.

然而，還有一個事實是，對於大量投資者來說，突破 0.17 美元不會帶來可觀的利潤率。因此，他們可能更傾向於等待更高的價格再出售，而不是勉強實現投資收支平衡。

What Happens To Dogecoin In The Event Of A Sell-Off?

Presently, the Dogecoin price is sitting 7% below the $0.17 price level, which still gives it some runway until it gets there. However, if a large number of these DOGE investors do decide to sell their coins, it could push the price of Dogecoin back down toward the $0.15 support.

如果狗狗幣遭到拋售，會發生什麼情況？然而，如果大量 DOGE 投資者確實決定出售他們的代幣，則可能會將狗狗幣的價格推回 0.15 美元的支撐位。

Despite the threat of a sell-off, bullish sentiment continues to dominate the meme coin as multiple crypto analysts have predicted a major upside for DOGE’s price. Analyst Altcoin Sherpa believes that the Dogecoin price will do very well in 2024 and will outperform plenty of altcoins.

相關閱讀：LUNC 復興努力仍在繼續：Terra 社群將透過重要提案儘管存在拋售的威脅，但看漲情緒繼續主導 meme 代幣，因為多位加密分析師預測 DOGE 的價格將大幅上漲。山寨幣分析師 Sherpa 認為，狗狗幣的價格在 2024 年將會表現出色，並將跑贏大量山寨幣。

Another analyst, Ali Martinez, revealed that the meme coin has now entered the buy zone, making it a good choice for accumulation. According to Martinez, the DOGE price can rise another 700% from here to cross the $1 threshold and make a new all-time high.

另一位分析師 Ali Martinez 透露，meme 幣現已進入買入區域，使其成為累積的好選擇。 Martinez 表示，DOGE 價格可能會在此基礎上再上漲 700%，突破 1 美元門檻並創下歷史新高。

DOGE price trending at $0.158 | Source: DOGEUSDT on Tradingview.com

DOGE 價格趨勢為 0.158 美元 |資料來源：Tradingview.com 上的 DOGEUSDT 精選圖片來自 Coinpedia，圖表來自 Tradingview.com