You can also read this news on BH NEWS: Dogecoin’s Sudden Surge: The Elon Musk Effect?

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After a period of stagnation, Dogecoin (DOGE), the world’s largest meme token, experienced a sudden price increase. Multiple factors could be behind this surge, but one significant potential catalyst is the actions of Elon Musk.

經過一段時間的停滯後，全球最大的迷因代幣狗狗幣（DOGE）的價格突然上漲。這一激增背後可能有多種因素，但一個重要的潛在催化劑是伊隆馬斯克的行動。

Data from 21milyon.com revealed that DOGE’s price, similar to most cryptocurrencies, had been stable for several days. However, it jumped over 10% in the last 24 hours, affecting both daily and weekly charts positively. At the time of writing, DOGE is trading at $0.08648 with a market cap exceeding $12.3 billion, accompanied by a more than 200% increase in daily trading volume.

21milyon.com 的數據顯示，DOGE 的價格與大多數加密貨幣類似，已經連續幾天保持穩定。然而，它在過去 24 小時內上漲了 10% 以上，對日線圖和周線圖產生了積極影響。截至撰寫本文時，DOGE 的交易價格為 0.08648 美元，市值超過 123 億美元，每日交易量增長超過 200%。

The price hike significantly boosted Dogecoin’s social volume on January 21, with a noticeable rise in weighted sentiment, indicating a bullish atmosphere in the market. This uptrend could be partly attributed to Elon Musk’s recent decision, notably the launch of an official XPayments feature via his company X.

這次漲價大幅提升了狗狗幣1月21日的社交量，權重情緒明顯上升，市場看漲氣氛明顯。這種上升趨勢可能部分歸因於馬斯克最近的決定，特別是透過他的公司 X 推出了官方 XPayments 功能。

Elon Musk has been a vocal supporter of DOGE in the past, often generating excitement around it. Previous announcements of integrating Dogecoin with his ventures have led to price spikes. The current increase has intrigued investors, prompting a closer examination of metrics.

伊隆馬斯克過去一直是 DOGE 的直言不諱的支持者，經常引起人們的興奮。先前宣布將狗狗幣與他的企業整合的消息導致價格飆升。當前的成長引起了投資者的興趣，促使人們對指標進行更仔細的檢查。

Analysis shows DOGE’s MACD indicating an upward trend, suggesting further potential increases. However, other indicators like the Bollinger Bands, Relative Strength Index (RSI), and Chaikin Money Flow (CMF) are showing a downward trend, hinting that the price movement might end sooner than expected.

分析顯示，DOGE 的 MACD 呈上升趨勢，顯示進一步上漲的潛力。然而，布林線、相對強弱指數（RSI）和蔡金資金流（CMF）等其他指標均呈現下降趨勢，暗示價格走勢可能會比預期更早結束。

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