Dogecoin and Shiba Inu Stagnant Amidst Market Decline

狗狗幣和柴犬在市場下跌中停滯不前

Dogecoin (DOGE) and Shiba Inu (SHIB), the leading meme coins, have remained subdued despite recent market rebounds. These tokens have experienced sideways trading patterns, unlike other altcoins that have shown signs of recovery.

儘管最近市場反彈，但主導的模因幣狗狗幣（DOGE）和柴犬幣（SHIB）仍然低迷。與其他已顯示復甦跡象的山寨幣不同，這些代幣經歷了橫盤交易模式。

Factors Contributing to Stagnation

導致停滯的因素

Correlation with Bitcoin:
Data from IntoTheBlock indicates a strong positive correlation between DOGE and SHIB prices with Bitcoin. This correlation has led to their mirrored movements, including the recent downtrend.

與比特幣的相關性：來自 IntoTheBlock 的數據表明 DOGE 和 SHIB 價格與比特幣之間存在強烈的正相關性。這種相關性導致了它們的鏡像走勢，包括最近的下跌趨勢。

On-chain Metrics:
On-chain metrics for both tokens also paint a bearish picture. Dogecoin's net network growth has declined, suggesting a lack of new ecosystem users. Large transactions for DOGE have also been low, indicating waning investor confidence.

鏈上指標：這兩種代幣的鏈上指標也描繪出悲觀的景象。狗狗幣的淨網路成長有所下降，顯示缺乏新的生態系統用戶。 DOGE 的大宗交易量也很低，顯示投資者信心減弱。

Shiba Inu Metrics:
Similar on-chain metrics for Shiba Inu reveal a bearish "Concentration" metric, indicating that whales and investors are selling their holdings rather than accumulating.

柴犬指標：柴犬的類似鏈上指標揭示了看跌的「集中度」指標，表明鯨魚和投資者正在出售其持有的資產而不是累積。

Market Ranking Decline:
The prolonged weakness has resulted in DOGE and SHIB dropping in the crypto rankings by market capitalization. DOGE has fallen from eighth to ninth position, while SHIB has moved from eleventh to thirteenth.

市場排名下降：長期疲軟導致 DOGE 和 SHIB 在加密貨幣市值排名中下降。 DOGE從第八位跌至第九位，而SHIB則從第十一位升至第十三位。

Long-Term Outlook

長期展望

Despite their current struggles, Dogecoin and Shiba Inu are still anticipated to experience significant price increases in the long run.

儘管狗狗幣和柴犬目前處境艱難，但從長遠來看，預計價格仍將大幅上漲。

Dogecoin:
Crypto analyst Crypto Kaleo predicts that DOGE could reach $2 during this bull run, citing the historical supercycle of meme coins.

Dogecoin：加密貨幣分析師 Crypto Kaleo 引用迷因幣的歷史超級週期預測，DOGE 在這次牛市中可能會達到 2 美元。

Shiba Inu:
Captain Toblerone suggests that SHIB could shed another zero and reach $0.00045000. Additionally, Santiment has identified Shiba Inu as an undervalued large-cap asset with potential for a price recovery.

Shiba Inu：Toblerone 船長建議 SHIB 可以再減零並達到 0.00045000 美元。此外，Santiment 已將柴犬視為一種被低估的大盤資產，具有價格回升的潛力。