(24-hour Dogecoin price trend)

（24小時狗狗幣價格走勢）

Dogecoin (DOGE) Market Update

狗狗幣 (DOGE) 市場更新

At 06:00 AM UTC on August 16, 2024, Dogecoin (DOGE) is trading at $0.099127563207592 with a 24-hour trading volume of $607,139,487.62438. The price of Dogecoin has seen a -3.21654976% decrease in the last 24 hours.

世界標準時間 2024 年 8 月 16 日上午 06:00，狗狗幣 (DOGE) 的交易價格為 0.099127563207592 美元，24 小時交易量為 607,139,487.62438 美元。狗狗幣的價格在過去 24 小時內下跌了 -3.21654976%。

Key Statistics:

主要統計數據：

• Circulating Supply: 145,548,586,383.71 DOGE
• Maximum Supply: Unlimited
• Total Supply: 145,548,586,383.71 DOGE
• Market Capitalization: $14,427,876,696.526

Market Analysis:

循環供應量：145,548,586,383.71 DOGE最大供應量：無限制總供應量：145,548,586,383.71 DOGE市值：$14,427,876,696.526市場分析：

The recent price decline of Dogecoin can be attributed to several factors. One possible reason is the overall bearish sentiment in the cryptocurrency market following the recent market correction. Additionally, the recent surge in issuance of new DOGE tokens may have contributed to selling pressure.

狗狗幣最近的價格下跌可歸因於幾個因素。一個可能的原因是近期市場調整後加密貨幣市場整體看跌情緒。此外，最近新 DOGE 代幣發行量的激增可能也加劇了拋售壓力。

Despite the recent price dip, Dogecoin remains a popular cryptocurrency among retail traders and is often referred to as the "people's crypto." Its strong community support and potential for social media-driven momentum could lead to price recovery in the future.

儘管最近價格下跌，狗狗幣仍然是零售交易者中流行的加密貨幣，通常被稱為「人民的加密貨幣」。其強大的社區支持和社交媒體驅動動力的潛力可能會導致未來價格回升。

Technical Indicators:

技術指標：

• Relative Strength Index (RSI): Currently at 30.66, indicating the market is oversold.
• Moving Average Convergence Divergence (MACD): The MACD line is below the signal line, suggesting a potential sell signal.
• Fibonacci Retracement: The current price is testing the 38.2% Fibonacci retracement level, which could act as a support.

Investment Considerations:

相對強弱指數（RSI）：目前為30.66，顯示市場處於超賣狀態。價格正在測試38.2 % 斐波那契回檔水平，可作為支撐。

Investors should exercise caution when considering investing in Dogecoin. While it has the potential for short-term gains, it is also subject to high volatility. Market conditions and overall crypto market sentiment can impact its price significantly. It is essential to conduct in-depth research, understand the risks, and invest only what you can afford to lose.

投資者在考慮投資狗狗幣時應謹慎行事。雖然它具有短期收益的潛力，但它也容易受到高波動性的影響。市場狀況和整體加密貨幣市場情緒可能會對其價格產生重大影響。進行深入研究、了解風險並僅投資您可以承受損失的金額至關重要。