Development Activities Influence Dogecoin Price

开发活动影响狗狗币价格

Development activities were initially not considered a significant factor in Dogecoin's (DOGE) price fluctuations. However, recent metrics suggest this assumption may not hold true.

开发活动最初并不被认为是狗狗币（DOGE）价格波动的重要因素。然而，最近的指标表明这一假设可能并不成立。

At the time of writing, development activities on the DOGE network remained stable, unchanged since April 24. Notably, during this period, DOGE's price has consolidated between $0.13 and $0.16.

截至撰写本文时，DOGE 网络上的开发活动保持稳定，自 4 月 24 日以来没有变化。值得注意的是，在此期间，DOGE 的价格一直在 0.13 美元至 0.16 美元之间盘整。

DOGE Development Activity

DOGE开发活动

Development activity measures the publicly visible contributions and progress made by individuals working on a project's network. Historically, a surge in development activity has often coincided with a price increase. For instance, from February to March 2023, development activity rose from 0.39 to 16.24, accompanied by a price increase from $0.08 to $0.14. A similar pattern emerged between October and November 2023.

开发活动衡量在项目网络上工作的个人所做出的公开可见的贡献和进展。从历史上看，开发活动的激增往往与价格上涨同时发生。例如，从 2023 年 2 月到 2023 年 3 月，开发活动从 0.39 上升到 16.24，价格从 0.08 美元上涨到 0.14 美元。 2023 年 10 月至 11 月期间出现了类似的模式。

Therefore, it is plausible to assume that an upswing in development activity may trigger a price rise, while a decline could lead to a price drop. However, repeating the performance of February and March 2023 may be challenging for DOGE.

因此，可以合理地假设，开发活动的增加可能会引发价格上涨，而开发活动的减少可能会导致价格下跌。然而，重复 2023 年 2 月和 3 月的表现对于 DOGE 来说可能具有挑战性。

Liquidation Levels

清算水平

Liquidation levels indicate price zones where significant trading events may occur. When a trader's open position is forcibly closed due to unmet conditions, a liquidation event occurs.

清算水平表明可能发生重大交易事件的价格区域。当交易者的未平仓头寸因未满足条件而被强制平仓时，就会发生强平事件。

As of the time of writing, the liquidation level between $0.15 and $0.16 appeared insufficient, potentially putting DOGE's price at risk. This suggests a period of horizontal movement and consolidation for DOGE.

截至撰写本文时，0.15 美元至 0.16 美元之间的清算水平似乎不足，可能使 DOGE 的价格面临风险。这表明 DOGE 会经历一段水平移动和盘整的时期。

However, in a pessimistic scenario, the price could drop to $0.12.

然而，在悲观的情况下，价格可能会跌至 0.12 美元。

Cumulative Liquidation Levels Delta (CLLD)

累积清算水平Delta (CLLD)

DOGE's CLLD, which measures the duration of liquidation events, was positive at the time of writing. A positive CLLD indicates longer liquidation events, suggesting a potential price pullback. If this trend persists, DOGE's price could decline to $0.12.

DOGE 衡量清算事件持续时间的 CLLD 在撰写本文时呈正值。 CLLD 为正值表明清算事件较长，表明价格可能回调。如果这种趋势持续下去，DOGE 的价格可能会跌至 0.12 美元。

The original article appeared on COINTURK NEWS: Development Activities Influence Dogecoin Price

原文发表于 COINTURK NEWS：开发活动影响狗狗币价格