Dogecoin Sentiment Reaches New Lows Since September 2023
狗狗幣情緒創 2023 年 9 月以來新低
Since September 2023, the weighted sentiment surrounding Dogecoin (DOGE) has plunged to -1.562 on market charts. Weighted sentiment gauges the average sentiment expressed in social media comments regarding a specific token. This decline has prompted an influx of positive remarks about DOGE, yet recent data indicates that for every favorable comment, 1.56 negative ones emerge.
自 2023 年 9 月以來,市場圖表上圍繞狗狗幣 (DOGE) 的加權情緒已跌至 -1.562。加權情緒衡量社群媒體評論中表達的關於特定代幣的平均情緒。這種下降導致對 DOGE 的正面評論大量湧現,但最近的數據顯示,每有一條正面評論,就會出現 1.56 條負面評論。
Negative Market Conditions for DOGE
DOGE 的不利市場條件
Typically, when negative sentiment dominates the market, demand for meme tokens tends to diminish. However, Dogecoin has defied this trend in the past. Within a brief three-month period, the altcoin surged to $0.097, a phenomenon dubbed the "hated rally" by its community. This occurs when extreme pessimism toward a cryptocurrency paradoxically triggers a price increase. Should history repeat itself, a similar pattern may unfold.
通常,當負面情緒主導市場時,對迷因代幣的需求往往會減少。然而,狗狗幣過去卻違背了這個趨勢。在短短的三個月內,山寨幣飆升至 0.097 美元,這一現像被社區稱為「令人討厭的反彈」。當對加密貨幣的極端悲觀情緒矛盾地引發價格上漲時,就會發生這種情況。如果歷史重演,類似的模式可能會出現。
Furthermore, if current projections hold true, DOGE's price could potentially reach an annual high of $0.27 before the commencement of the next quarter. At the time of writing, the meme token's valuation stood at $0.16. Conversely, data from IntoTheBlock suggests that 84% of DOGE holders have realized gains at this price level. For the entire supply to become profitable, the token's price must ascend to $0.32, which represents the average acquisition cost for the 755,230 addresses accumulating DOGE.
此外,如果目前的預測成立,DOGE 的價格可能會在下一季開始之前達到 0.27 美元的年度高點。截至撰寫本文時,meme 代幣的估值為 0.16 美元。相反,IntoTheBlock 的數據表明,84% 的 DOGE 持有者在此價格水準上實現了收益。為了使整個供應量有利可圖,代幣的價格必須升至 0.32 美元,這代表了累積 DOGE 的 755,230 個地址的平均獲取成本。
BTC and DOGE Correlation
BTC 和 DOGE 相關性
Recent on-chain data indicates that Bitcoin's price has reached a favorable accumulation point at its current position. By extension, it is plausible to infer that DOGE may be in a similar situation. Consequently, a significant increase in Bitcoin's value could have a positive impact on DOGE's price as well.
最近的鏈上數據表明,比特幣的價格在當前位置已達到有利的累積點。推而廣之,可以推論 DOGE 可能處於類似的情況。因此,比特幣價值的大幅上漲也可能對 DOGE 的價格產生正面影響。
Additionally, an analysis of the meme token's social volume reveals a decline from 614 to 120 at the time of writing. From a price perspective, this drop could amplify the notion of diminished demand. Simultaneously, the recent uncertainty surrounding the token's short-term performance could also present a buying opportunity for investors.
此外,對 meme 代幣社交量的分析顯示,截至撰寫本文時,該代幣的社交量已從 614 下降至 120。從價格角度來看,這種下降可能會放大需求減少的概念。同時,近期圍繞該代幣短期表現的不確定性也可能為投資者提供買入機會。
The original article was first published on COINTURK NEWS.
原文首發於 COINTURK NEWS。