The post Analysing DogeDay’s Influence on the Price Dynamics of DogeCoin: In-Depth appeared first on Coinpedia Fintech News

分析 DogeDay 对 DogeCoin 价格动态的影响：深入分析首先出现在 Coinpedia 金融科技新闻上

DogeDay is almost here, and everyone’s buzzing about it. People think it could really shake up the price of DogeCoin. Right now, we are seeing Dogecoin’s value go up in what is called a rally. Let’s take a closer look at how DogeDay might affect Dogecoin’s price, considering how the market reacted in past years.

DogeDay 即将到来，每个人都在谈论它。人们认为这确实可以撼动狗狗币的价格。现在，我们看到狗狗币的价值在所谓的反弹中上涨。考虑到过去几年市场的反应，让我们仔细看看 DogeDay 可能如何影响狗狗币的价格。

1. DogeDay: What’s It

1.DogeDay：这是什么

Before we start our analysis, let’s understand what DogeDay actually is. 

在开始分析之前，我们先来了解一下 DogeDay 到底是什么。

Dogecoin is a meme coin known for its funny dog logo and its active online community. DogeDay is a special day for the DogeCoin community, even though it does not mark any big achievements or anything. It is kind of funny because they picked April 20th, which is part of April Fool’s month, on purpose. The celebration further strengthens the bond and unity between its community members. 

狗狗币是一种模因硬币，以其有趣的狗标志和活跃的在线社区而闻名。 DogeDay 对于 DogeCoin 社区来说是一个特殊的日子，尽管它并不标志着任何重大成就或任何东西。这有点有趣，因为他们故意选择了 4 月 20 日，这是愚人节的一部分。此次庆祝活动进一步加强了社区成员之间的联系和团结。

Does this celebration truly influence the price dynamics of DogeCoin? It is what we are going to see. 

这次庆祝活动真的会影响狗狗币的价格动态吗？这就是我们将要看到的。

2. DogeDay Effect: DogeCoin Historic Trading Volume Analysis 

2.DogeDay效应：DogeCoin历史交易量分析

模因币

2023年4月18日24小时交易量

2023年4月20日24小时交易量

狗狗币

$533.283k

$198.445k

On April 20, 2023, the 24-hour trading volume of DogeCoin raised to $198.445K from $116.071K, reported in the beginning of the same month. Four days after the event, on 24th April, 2023, the volume touched $1.221M, highest in the month, far higher than the $71.485k mark reached in the beginning of that year. 

2023 年 4 月 20 日，狗狗币 24 小时交易量从同月初的 116,071K 美元升至 198,445K 美元。活动四天后，即 2023 年 4 月 24 日，成交量触及 122.1 万美元，为当月最高水平，远高于年初达到的 71,485 万美元大关。

Yesterday, on 18th April, 2024, the trading volume was around $533.283k. Today, on 19th April, 2024, it also crossed the mark of $1.282M. 

昨天，2024 年 4 月 18 日，交易量约为 533,283k 美元。今天，2024 年 4 月 19 日，它也突破了 128.2 万美元大关。

This is enough to assume that we see increased trading activities in DogeCoin during periods of DogeDay celebrations.  

这足以假设我们在狗狗日庆祝活动期间看到狗狗币的交易活动增加。

Read Also : Dogecoin’s Evolution and the Emergence of DogeDay: What You Should Know

另请阅读：狗狗币的演变和 DogeDay 的出现：您应该知道什么

3. DogeDay Effect: DogeCoin Price Analysis

3.DogeDay效应：DogeCoin价格分析

模因币

2023年4月18日价格

2023年4月20日价格

狗狗币

0.15 美元

0.083 美元

Previous year, on April 20, the price was at $0.083, lower than its previous day’s closing price of $0.086. Day after the DogeDay, it even fell further to 0.0777 (on April, 21, 23. That year, the market was mostly in a sideways movement. In the beginning of that year, it was around $0.07. By the end of January, I climbed to $0.09. On 9th March, 2023, I fell to $0.06. On 3rd April, 2023, It climbed to $0.09. After the DogeDay 2023, the price of the coin slowly started to descend. In mid-April, it came down to $0.06 level. It remained in that rage for a long period. In late-October, it climbed back to $0.07, after remaining trapped in the $0.05 Range for a small period. In early December, 2023, it briefly crossed the 0.100 mark.   

去年 4 月 20 日，价格为 0.083 美元，低于前一日收盘价 0.086 美元。在DogeDay之后的第二天，它甚至进一步跌至0.0777（4月21日、23日）。那一年，市场主要处于横盘走势。那年年初，它在0.07美元左右。到1月底，我2023 年 3 月 9 日升至 0.09 美元，2023 年 4 月 3 日升至 0.09 美元，4 月中旬价格开始缓慢下跌。它在 0.06 美元的水平上保持了很长一段时间，在 2023 年 12 月初短暂突破 0.05 美元大关后，又回升至 0.07 美元。

In the beginning of the year 2024, the price of DogeCoin was at $0.09. A major upward momentum was witnessed in late February, when it climbed swiftly from $0.08 to $0.11, on 29th February. On 28th March, nearly one much after it entered this bullish phase, it touched the mark of $0.21. 

2024年初，狗狗币的价格为0.09美元。 2 月底出现了主要的上涨势头，2 月 29 日从 0.08 美元迅速攀升至 0.11 美元。 3 月 28 日，在进入看涨阶段近一小时后，价格触及 0.21 美元大关。

The present price of $0.15 is far lower than the peak reached on 28th March. 

目前的价格为 0.15 美元，远低于 3 月 28 日达到的峰值。

The data shows that the current trend is slightly favourable to DogeCoin. Unlike the previous year, there is a bullish trend that supports the coin.  

数据显示，目前的趋势对DogeCoin稍微有利。与前一年不同的是，目前有看涨趋势支持该代币。

Read More : Dogecoin Price Prediction 2024 – 2025: Will DOGE Prices Top $1 With This Break?

了解更多：2024-2025 年狗狗币价格预测：此次突破后狗狗币价格会突破 1 美元吗？

Endnote 

尾注

The influence of DogeDay on DogeCoin’s price dynamics is evident through increased trading volume during celebrations. While historical analysis indicates mixed results in price movements, current trends suggest a more favourable outlook, with a bullish trend supporting DogeCoin’s value. 

DogeDay 对 DogeCoin 价格动态的影响通过庆祝期间交易量的增加显而易见。虽然历史分析显示价格走势好坏参半，但当前趋势表明前景更为乐观，看涨趋势支撑了狗狗币的价值。