(24-hour Dogecoin price trend)

（24小時狗狗幣價格走勢）

Dogecoin Price Update: July 18, 2024, 10:00 AM

狗狗幣價格更新：2024 年 7 月 18 日上午 10:00

As of July 18, 2024, 10:00 AM, the price of Dogecoin (DOGE) stands at $0.1233607681517, with a 24-hour trading volume of $706,950,042.73335. Over the past 24 hours, DOGE has witnessed a price decrease of -2.19475922%.

截至2024年7月18日上午10:00，狗狗幣（DOGE）價格為0.1233607681517美元，24小時交易量為706,950,042.73335美元。過去24小時，DOGE價格下跌-2.19475922%。

Key Metrics:

關鍵指標：

• Bitcoin's circulating supply: 145,159,706,383.71
• Dogecoin's maximum supply: N/A
• Dogecoin's total supply: 145,159,706,383.71
• Dogecoin's circulating market cap: $17,907,012,884.169

Market Sentiment:

比特幣的流通供應量：145,159,706,383.71狗狗幣的最大供應量：N/A狗狗幣的總供應量：145,159,706,383.71狗狗幣的流通市值：17,907,012,884.169美元市場情緒：

The recent price decline in DOGE is mainly attributed to profit-taking activities by early investors and a general correction in the cryptocurrency market. However, Dogecoin's strong community support and potential use cases as a payment method and tipping currency continue to drive its long-term prospects.

近期DOGE價格下跌主要歸因於早期投資者的獲利了結以及加密貨幣市場的普遍回調。然而，狗狗幣強大的社區支持以及作為支付方式和小費貨幣的潛在用例繼續推動其長期前景。

Analysis:

分析：

Technical analysis of DOGE's price chart shows that the asset has been trading within a descending channel pattern recently. If the bearish momentum persists, DOGE may continue to consolidate or decline further. However, a breakout above the resistance level could lead to a recovery and potential upward trajectory.

DOGE 價格圖表的技術分析顯示，該資產最近一直在下降通道模式內交易。如果看跌勢頭持續下去，DOGE可能會繼續盤整或進一步下跌。然而，突破阻力位可能會導致復甦和潛在的上升軌跡。

Conclusion:

結論：

The current price of Dogecoin remains within a volatile range, and short-term fluctuations are to be expected. While the recent price drop may present a buying opportunity for investors willing to tolerate risk, it is essential to conduct thorough research and exercise caution before making any investment decisions.

目前狗狗幣價格仍處於波動區間，短期波動可期。雖然最近的價格下跌可能為願意承受風險的投資者提供了買入機會，但在做出任何投資決定之前進行徹底的研究並謹慎行事至關重要。