馬斯克 (Elon Musk) 關於 Doge 的推文引發了瞬間的熱潮

Elon Musk’s recent tweet influenced Dogecoin’s price volatility.

伊隆馬斯克最近的推文影響了狗狗幣的價格波動。

The Memecoin market undergoes a bearish season with sluggish price movements.

Memecoin 市場正經歷熊市，價格緩慢走勢。

Elon Musk, the CEO of Tesla and owner of Twitter, has a playful habit of occasionally expressing his fondness for memecoins. On a recent Wednesday, he continued this trend by tweeting about the popular dog-themed cryptocurrency, Dogecoin (DOGE), which resulted in a sudden 4% price jump within just a few minutes.

特斯拉執行長兼推特所有者伊隆馬斯克有一個有趣的習慣，偶爾會表達他對迷因幣的喜愛。最近的一個週三，他繼續了這一趨勢，在推特上發布了流行的以狗為主題的加密貨幣狗狗幣（DOGE），導致價格在短短幾分鐘內突然上漲 4%。

Doges ftw pic.twitter.com/bl0trQ7BdU
— Elon Musk (@elonmusk) July 19, 2023
總督 ftw pic.twitter.com/bl0trQ7BdU — 伊隆馬斯克 (@elonmusk) 2023 年 7 月 19 日

However, the effect seemed short-lived, as the price ($0.072) quickly went back down to its previous level ($0.0697). This led some to wonder if the “Elon Effect” was weakening, especially compared to a previous incident in Q2 of 2023. It is when Elon musk DOGE tweet accepted it as payment and the conversion of the Twitter logo to the Dogecoin logo caused it to surge significantly.

然而，這種影響似乎是短暫的，因為價格（0.072 美元）很快就回落到之前的水平（0.0697 美元）。這讓一些人懷疑“埃隆效應”是否正在減弱，特別是與之前2023 年第二季度的事件相比。當埃隆·馬斯克DOGE 推文接受它作為付款並且Twitter 徽標轉換為狗狗幣徽標時，導致它大幅飆升。

Elon Musk DOGE tweet provided some relief from a bearish trend, but the DOGE price remains distant from the all-time high of the month. Whereas the trading volume of it stands at $420,620,838, representing a 43.78% increase.

馬斯克 (Elon Musk) 的 DOGE 推文在一定程度上緩解了看跌趨勢，但 DOGE 價格距離本月歷史高點仍相去甚遠。而其交易量為420,620,838美元，成長43.78%。

Is it a Memecoin “Bearish” Season ?

這是 Memecoin “看跌”季節嗎？

Currently, the memecoin market appears to be experiencing a bearish season. At the start of 2023, they were on a green zone trend. Moving forward, today, alongside the DogeCoin, its siblings like Pepe, Shiba Inu, and Floki struggled to initiate a bullish rally and break free from the bearish zone or flat price movement.

目前，模因幣市場似乎正在經歷一個熊市季節。 2023 年初，它們處於綠色區域趨勢。展望未來，今天，與 DogeCoin 一起，它的同類產品如 Pepe、Shiba Inu 和 Floki 都在努力發起看漲反彈並擺脫看跌區域或持平價格走勢。

For instance, PEPE‘s value surged only by 4.73% in the past seven days, with the current price standing at $0.0000015 after a 1.17% decline today. Similarly, SHIB is priced at $0.000008, witnessing a substantial 92% decrease from its all-time high, with a 2.61% drop in trading volume. Meanwhile, FLOKI experienced a 2% decline over the week, with the current price at $0.000024, representing a 1.78% decrease in the past 24 hours and a trading volume decline of 11.81%.

例如，PEPE 的價值在過去 7 天僅上漲了 4.73%，在今天下跌 1.17% 後，目前價格為 0.0000015 美元。同樣，SHIB 的價格為 0.000008 美元，較歷史高點大幅下跌 92%，交易量下降 2.61%。同時，FLOKI本週下跌2%，目前價格為0.000024美元，過去24小時下跌1.78%，交易量下降11.81%。

Analyzing the factors behind the memecoin red forest, sources reveal that as the memecoin is crowding up with the entry of new coins and its copycat version pulls them out of the green zone.

分析memecoin紅森林背後的因素，消息人士透露，隨著memecoin不斷湧入新幣，其山寨版將其拉出綠區。

Summing up , the recent movements in the memecoin market suggest a bearish trend. However, the market remains unpredictable, and the influence of figures like Elon Musk on cryptocurrency prices continues to be a subject of debate among investors and enthusiasts alike.

綜上所述，最近 memecoin 市場的走勢顯示看跌趨勢。然而，市場仍然難以預測，馬斯克等人物對加密貨幣價格的影響仍然是投資者和愛好者爭論的話題。