Dogecoin finally broke over $0.76 in the last 24 hours after a week of range trading and has emerged as a formidable performer in the past month. The crypto has seen gains of 25.9% in a 30-day timeframe, but the rally may be far from over.

經過一周的區間交易後，狗狗幣最終在過去 24 小時內突破 0.76 美元，並在過去一個月中表現強勁。該加密貨幣在 30 天內上漲了 25.9%，但漲勢可能還遠遠沒有結束。

DOGE whales have been working tirelessly behind the scenes to put the meme coin on the map, increasing their holdings by a substantial amount in the past month. On-chain data has revealed that large DOGE addresses have added more than $2 billion in DOGE in an effort to drive the crypto towards the $0.1 level.

DOGE 鯨魚一直在幕後不知疲倦地努力，讓迷因幣名聲大噪，在過去的一個月裡，他們的持有量大幅增加。鏈上數據顯示，大型 DOGE 地址已經增加了超過 20 億美元的 DOGE，以將加密貨幣推向 0.1 美元的水平。

Dogecoin Whales Inject $2 Billion Into DOGE In 30 Days

狗狗幣鯨魚在 30 天內向 DOGE 注入 20 億美元

Data from the crypto analytics platform IntoTheBlock has reiterated the current bullish sentiment among Dogecoin whales. According to its Balance By Holdings metric, the balance of addresses holding between $100,000 to $1 million worth of DOGE has increased by 24.31% in the past 30 days.

來自加密貨幣分析平台 IntoTheBlock 的數據重申了狗狗幣鯨魚當前的看漲情緒。根據其 Balance By Holdings 指標，持有價值 10 萬至 100 萬美元 DOGE 的地址餘額在過去 30 天內增加了 24.31%。

Likewise, addresses holding between $1 million to $10 million increased by 27.43%, and addresses holding more than $10 million worth of DOGE increased by 29.28%. 

同樣，持有 100 萬美元到 1000 萬美元之間的地址增加了 27.43%，持有價值超過 1000 萬美元 DOGE 的地址增加了 29.28%。

A closer look into this metric’s chart shows that the collective holdings of these addresses holding at least $100,000 worth of DOGE increased from $7.37 billion on October 7 to $9.469 billion on November 9. This implies that the crypto’s whales have acquired an additional $2.099 billion in DOGE within the past month.

仔細觀察該指標的圖表可以發現，這些持有至少價值10 萬美元DOGE 的地址的總持有量從10 月7 日的73.7 億美元增加到11 月9 日的94.69 億美元。這意味著加密貨幣的鯨魚已經額外購買了20.99 億美元的DOGE過去一個月內。

Source: IntoTheBlock

來源：IntoTheBlock

For regular investors, this whale activity is a bullish signal for DOGE’s price trajectory, as whale accumulation is still ongoing. IntoTheBlock’s data has also revealed these addresses holding at least $100,000 worth of DOGE have acquired $119 million in DOGE in the past 24 hours alone. 

對於普通投資者來說，這種鯨魚活動對 DOGE 的價格軌跡來說是一個看漲訊號，因為鯨魚的累積仍在繼續。 IntoTheBlock 的數據還顯示，光是過去 24 小時內，這些持有價值至少 10 萬美元 DOGE 的地址就購買了 1.19 億美元的 DOGE。

IntoTheBlock’s Order Books metrics reveal an interesting imbalance between the supply and demand for DOGE. At the time of writing, buyers have placed buy orders of 902 million DOGE on various crypto exchanges. Meanwhile, sellers have only put up 876 million DOGE for sale.

IntoTheBlock 的訂單簿指標揭示了 DOGE 供需之間有趣的不平衡現象。截至撰寫本文時，買家已在各個加密貨幣交易所下達了 9.02 億 DOGE 的購買訂單。同時，賣家只出售了 8.76 億個 DOGE。

Source: IntoTheBlock
來源：IntoTheBlock

Will DOGE Return To $0.1?

DOGE會回到0.1美元嗎？

The current shift towards higher demand and the current accumulation of whales speaks volumes of the current sentiment around Dogecoin and the massive injection of capital into Dogecoin could significantly impact its price. 

目前向更高需求的轉變和目前鯨魚的積累充分說明了當前圍繞狗狗幣的情緒，向狗狗幣注入大量資金可能會對其價格產生重大影響。

Crypto analyst Ali Martinez pointed out on X that DOGE’s crucial support wall at the $0.072 to $0.073 price point outstrips the resistance in strength. According to Martinez, a breakout over $0.76 puts the next significant hurdle at $0.084. 

加密貨幣分析師 Ali Martinez 在 X 上指出，DOGE 在 0.072 美元至 0.073 美元價格點的關鍵支撐牆超過了阻力位。馬丁內斯表示，突破 0.76 美元後，下一個重要障礙將位於 0.084 美元。

#Dogecoin is navigating a tight zone, sandwiched by two crucial supply walls.

#Dogecoin 正在一個狹窄的區域中航行，夾在兩個關鍵的供應牆之間。

📉 Support Wall: Spanning $0.072-$0.073, with 200K addresses holding 28.6B $DOGE.

📉 支援牆：跨越 $0.072-$0.073，200K 個位址持有 28.6B $DOGE。

📈 Resistance Wall: Ranging from $0.074-$0.076, where 124K addresses hold 26.95B #DOGE.

📈 阻力牆：範圍從 $0.074-$0.076，其中 124K 個位址持有 26.95B #DOGE。

Note that support outstrips… pic.twitter.com/O5FRIJ1SIl

請注意，支援超過了… pic.twitter.com/O5FRIJ1SIl

— Ali (@ali_charts) November 8, 2023

— 阿里 (@ali_charts) 2023 年 11 月 8 日

At the time of writing, the bulls have pushed DOGE by 4.28% in the past 24 hours, and the crypto is now trading at $0.07686. Continued buying pressure from the whales and retail traders could push DOGE back up to $0.1, which we haven’t seen since June.

截至撰寫本文時，多頭在過去 24 小時內將 DOGE 上漲了 4.28%，該加密貨幣目前的交易價格為 0.07686 美元。來自鯨魚和零售交易商的持續買盤壓力可能會將 DOGE 推升至 0.1 美元，這是自 6 月以來我們從未見過的情況。

DOGE price reclaims $0.076 | Source: DOGEUSD on Tradingview.com

DOGE 價格回升 0.076 美元 |資料來源：Tradingview.com 上的 DOGEUSD