In an unprecedented turn of events, following a remarkable price rally witnessed by Dogecoin, one of the most popular meme-based cryptocurrencies, the token now appears to be facing a correction phase in the market. This piqued the interest of crypto market enthusiasts across the globe as DOGE’s price noted a slip below the $0.22 mark recently, with today’s massive DOGE dump to a CEX further weighing in.

在前所未有的事件轉變中，繼狗狗幣（最受歡迎的基於迷因的加密貨幣之一）見證了顯著的價格上漲之後，該代幣現在似乎面臨著市場的調整階段。這引起了全球加密貨幣市場愛好者的興趣，因為 DOGE 的價格最近跌破了 0.22 美元大關，而今天 DOGE 向 CEX 的大規模拋售進一步加劇了壓力。

Insights revealed by the blockchain tracker Whale Alert illustrated nearly 140 million DOGE offloaded amid Dogecoin’s today’s bearish turn. This promptly gave rise to a tidal wave of speculation surrounding the meme-based token’s potential price action ahead.

區塊鏈追蹤器 Whale Alert 透露的見解顯示，在狗狗幣今天的看跌轉向中，近 1.4 億枚 DOGE 被拋售。這立即引發了圍繞這種基於迷因的代幣未來潛在價格走勢的猜測浪潮。

Whale Dump Adds Bearish Tint To DOGE

According to Whale Alert’s insights, 139.99 million DOGE, worth $30.22 million, was shifted to Coinbase in the past 24 hours. Resulting in DOGE supply gains on exchanges, this dump further fell in line with DOGE’s bearish turn, per CoinMarketCap’s data.

Whale Dump 為 DOGE 增添了看跌色彩 根據 Whale Alert 的洞察，過去 24 小時內，價值 3022 萬美元的 1.3999 億 DOGE 被轉移到 Coinbase。根據 CoinMarketCap 的數據，導致交易所 DOGE 供應量增加，這次拋售進一步下跌，與 DOGE 的看跌轉向一致。

🚨 🚨 139,999,966 #DOGE (30,224,819 USD) transferred from unknown wallet to #Coinbasehttps://t.co/5vGqsPA5eb

🚨 🚨 139,999,966 #DOGE（30,224,819 美元）從未知錢包轉移到#Coinbasehttps://t.co/5vGqsPA5eb

— Whale Alert (@whale_alert) March 29, 2024

— 鯨魚警報 (@whale_alert) 2024 年 3 月 29 日

Intriguingly, while today’s price correction and the aforementioned dump added a bearish splash to Dogecoin, the meme token’s broader charts contrastingly illustrated signs of sustained upward momentum, gradually shifting from a downtrend to an uptrend, defined by a U-shaped recovery.

有趣的是，雖然今天的價格調整和上述暴跌給狗狗幣帶來了看跌影響，但meme 代幣的更廣泛的圖表卻相反地顯示出持續上漲勢頭的跡象，逐漸從下降趨勢轉變為上升趨勢，由U 形復甦定義。

This stirred a whirlpool of speculation among crypto market traders and investors globally, as on-chain market dynamics further showcased a downtrend for DOGE.

這激起了全球加密貨幣市場交易者和投資者的猜測漩渦，因為鏈上市場動態進一步顯示了 DOGE 的下跌趨勢。

Also Read: Litecoin (LTC) Price Breaks Past $105, Major Price Rally Expected in April

另請閱讀：萊特幣 (LTC) 價格突破 105 美元，預計 4 月份價格大幅上漲

Dogecoin’s Price Slips

As of writing, the Dogecoin token’s price has dropped 1.62% in the past 24 hours and is currently resting at $0.2125. Notably, the meme coin’s charts illustrate that the token witnessed quite a flux over the past day, nabbing investor attention.

狗狗幣價格下跌截至撰寫本文時，狗狗幣代幣的價格在過去 24 小時內下跌了 1.62%，目前價格為 0.2125 美元。值得注意的是，模因代幣的圖表表明，該代幣在過去一天經歷了相當大的變化，吸引了投資者的注意。

Meanwhile, the derivatives data showcased a 3.08% drop in the open interest and a 46.28% dip in volume, flagging to the token’s downtrend in the market. However, analysis by CoinGape Media spotlighted a crucial movement showcased by Dogecoin.

同時，衍生性商品數據顯示，未平倉合約下降了 3.08%，交易量下降了 46.28%，顯示該代幣在市場上呈下降趨勢。然而，CoinGape Media 的分析凸顯了狗狗幣的一個關鍵動向。

Notably, the token recently broke the resistance of $0.206 to hit a 28th-month high of $0.2288, fueling investor enthusiasm. However, following corrections witnessed, as mentioned above, the DOGE price will likely retest the breached resistance and potential support. Simultaneously, a sustained breakout could cushion buyers to pursue a possible target of $0.27, escorted by $0.3.

值得注意的是，該代幣最近突破了 0.206 美元的阻力位，觸及 28 個月高點 0.2288 美元，激發了投資者的熱情。然而，如上所述，在出現修正之後，DOGE 價格可能會重新測試突破的阻力位和潛在支撐。同時，持續突破可能會緩衝買家追求 0.27 美元的可能目標，並受到 0.3 美元的支撐。

Also Read: Crypto Prices Today March 30: Bitcoin To Drop Below $70K SOL & XRP Gain As WIF Hits ATH

另請閱讀：3 月 30 日今日加密貨幣價格：隨著 WIF 觸及 ATH，比特幣將跌破 7 萬美元 SOL 和 XRP 漲幅