Dogecoin Surge on Whale Activity

鯨魚活動導致狗狗幣激增

Dogecoin (DOGE) has witnessed significant activity from its largest holders, known as whales, who appear to be utilizing the recent price dip as a buying opportunity.

狗狗幣（DOGE）見證了其最大持有者（即鯨魚）的大量活動，他們似乎利用最近的價格下跌作為買入機會。

Whale Accumulation Boosts DOGE

鯨魚積累推動 DOGE

According to data from market intelligence platform IntoTheBlock, DOGE has seen over $1 billion worth of large transactions in the past few days. These large transactions, defined as trades involving at least $100,000 worth of Dogecoin, indicate increased activity among whales.

根據市場情報平台 IntoTheBlock 的數據，過去幾天 DOGE 發生了價值超過 10 億美元的大額交易。這些大型交易被定義為涉及價值至少 10 萬美元狗狗幣的交易，表明鯨魚之間的活動增加。

NewsBTC reported that the data suggests these large holders are either accumulating more DOGE or selling their tokens. Further analysis from IntoTheBlock shows that whales have indeed been accumulating more Dogecoin following the recent market downturn.

NewsBTC 報告稱，數據顯示這些大持有者要么正在累積更多 DOGE，要么正在出售其代幣。 IntoTheBlock 的進一步分析表明，在最近的市場低迷之後，鯨魚確實在累積更多的狗狗幣。

The net flow to exchange metric, which tracks the movement of DOGE into and out of exchanges, has been negative over the past week. This suggests that whales are buying the dip rather than moving their holdings to exchanges to sell.

追蹤 DOGE 進出交易所的流動性的交易所淨流量在過去一周一直為負值。這表明鯨魚正在逢低買入，而不是將其持有的資產轉移到交易所出售。

Bullish Outlook for DOGE

看好 DOGE 的前景

This accumulation brings a bullish outlook for DOGE, highlighting the belief these investors have in the leading memecoin.

這種累積為 DOGE 帶來了看漲的前景，凸顯了這些投資者對領先的 memecoin 的信心。

The substantial accumulation by Dogecoin whales could trigger a price recovery, especially as the cryptocurrency had dipped to as low as $0.11 during the recent market downturn.

狗狗幣鯨魚的大量累積可能會引發價格復甦，尤其是在最近的市場低迷期間，加密貨幣已跌至 0.11 美元。

Complementing this accumulation, Dogecoin is primed for a rebound. The MVRV ratio, which compares DOGE's market cap to its realized cap, indicates that the memecoin is undervalued at its current price level.

作為對這種累積的補充，狗狗幣已經做好了反彈的準備。 MVRV 比率將 DOGE 的市值與其已實現的市值進行比較，表明 memecoin 在當前價格水平上被低估。

Analyst Predictions and Market Trends

分析師預測和市場趨勢

Crypto analyst Kriss Pax recently predicted a significant price surge for Dogecoin moving forward. Pax highlighted DOGE's RSI indicator, noting that it presents a bullish picture for the memecoin. He suggests this is a good time to buy Dogecoin, predicting that it is unlikely to drop below its current price level.

加密貨幣分析師 Kriss Pax 最近預測狗狗幣的價格將大幅上漲。 Pax 強調了 DOGE 的 RSI 指標，指出它呈現了 memecoin 的看漲前景。他認為現在是購買狗狗幣的好時機，並預測狗狗幣不太可能跌破目前的價格水準。

Pax also pointed to the rising altcoin dominance, which could signal the start of an altcoin season where cryptocurrencies like Dogecoin are expected to experience significant rallies.

帕克斯也指出，山寨幣的主導地位不斷上升，這可能標誌著山寨幣季節的開始，預計狗狗幣等加密貨幣將經歷大幅反彈。

Another prominent crypto analyst, Crypto Kaleo, shared a bullish outlook for Dogecoin, predicting the memecoin could rise to $1 and $2 during this bull run.

另一位著名的加密貨幣分析師 Crypto Kaleo 分享了狗狗幣的看漲前景，預測在這次牛市期間，迷因幣可能會上漲至 1 美元和 2 美元。

Kaleo noted that Dogecoin historically has traded sideways for most of its existence, but when it rallies, it tends to do so parabolically. He referenced previous rallies where Dogecoin enjoyed 6,000 and 30,000 percent price increases.

Kaleo 指出，狗狗幣歷史上在其存在的大部分時間裡都是橫盤交易，但當它反彈時，它往往會呈現拋物線狀。他提到了先前的反彈，狗狗幣的價格上漲了 6,000% 和 30,000%。

Kaleo mentioned that these significant price movements tend to occur 8-9 months after the previous Bitcoin halving.

Kaleo 提到，這些重大的價格變動往往發生在上次比特幣減半後的 8-9 個月。

Based on historical trends, it is likely that Dogecoin will not make a substantial breakout until sometime between December this year and February of next year.

從歷史趨勢來看，狗狗幣很可能要到今年12月到明年2月之間的某個時間才會出現實質突破。

However, Kaleo also predicted that Dogecoin could drop as low as $0.08, revisiting the price levels before the massive rally it enjoyed earlier this year. He compares this potential move to a -30% drop and retracement that occurred in August 2020, months before Dogecoin became mainstream and started its major uptrend.

然而，Kaleo 也預測狗狗幣可能會跌至 0.08 美元，重新審視今年稍早大幅上漲之前的價格水準。他將這種潛在的走勢與 2020 年 8 月發生的 -30% 的下跌和回撤進行了比較，即狗狗幣成為主流並開始其主要上升趨勢的幾個月前。