Cryptocurrency Market Plunges, Led by Dogecoin and Shiba Inu

在狗狗幣和柴犬的帶領下，加密貨幣市場暴跌

On Wednesday, the cryptocurrency market experienced a severe decline, with Dogecoin (DOGE) and Shiba Inu (SHIB) suffering the most significant losses.

週三，加密貨幣市場經歷了嚴重下跌，其中狗狗幣（DOGE）和柴犬（SHIB）損失最為嚴重。

Dogecoin and Shiba Inu Crash

狗狗幣和柴犬崩潰

Dogecoin plummeted by 12%, while Shiba Inu crashed by 18% in just 24 hours. This led to massive liquidations, with Dogecoin seeing $115.80 million worth of positions eliminated and Shiba Inu facing $19.08 million in liquidations.

狗狗幣在短短 24 小時內暴跌 12%，而柴犬則暴跌 18%。這導致了大規模的清算，狗狗幣被平倉，價值 1.158 億美元，柴犬面臨 1,908 萬美元的清算。

Market Downturn

市場低迷

The market downturn occurred over just six hours and particularly impacted leveraged traders. According to Coinglass, over $902 million in liquidations occurred during this period, affecting 284,782 traders.

市場低迷發生在短短六個小時內，對槓桿交易者的影響尤其嚴重。根據 Coinglass 的數據，在此期間發生了超過 9.02 億美元的清算，影響了 284,782 名交易者。

Dogecoin Performance

狗狗幣表現

Dogecoin's price currently stands at $0.3671, down 12% in the past 24 hours. With a market capitalization of $53.88 billion and a circulating supply of 146.77 billion DOGE coins, the cryptocurrency is experiencing significant volatility.

狗狗幣的價格目前為 0.3671 美元，在過去 24 小時內下跌了 12%。該加密貨幣的市值為 538.8 億美元，流通量為 1,467.7 億枚 DOGE 幣，正在經歷劇烈波動。

Shiba Inu Performance

柴犬表演

Shiba Inu has seen a more significant decline of 18.43%, with its price now at $0.000024. Despite the drop, it boasts a market capitalization of $14.2 billion and has a circulating supply of 589.26 trillion SHIB coins.

Shiba Inu 的跌幅更為顯著，達 18.43%，目前價格為 0.000024 美元。儘管有所下降，但其市值仍達到 142 億美元，SHIB 代幣的流通量為 589.26 兆枚。

Leveraged Trading Risks

槓桿交易風險

The rapid decline highlighted the risks of leveraging in volatile markets, particularly for retail traders. The heavy losses incurred by leveraged traders emphasize the importance of managing risk in cryptocurrency trading.

快速下跌凸顯了波動市場中的槓桿風險，特別是對於零售交易者而言。槓桿交易者遭受的巨額損失凸顯了加密貨幣交易中風險管理的重要性。