Dogecoin's Network Activity Plummets, Raising Concerns

Dogecoin的网络活动下降，引起了人们的关注

Dogecoin has experienced a significant decline in network activity. Unspent Transaction Outputs (UTXOs), a key indicator of user engagement, have fallen by 89% since late 2023. Similarly, active addresses plummeted from 2.66 million in November 2024 to 130,282 in February 2025—a 95% decrease. .20 – Can Bulls Regain Control or Is a Bigger Crash Coming? 4" srcset="https://www.turkishnyradio.com/wp-content/uploads/2025/02/output-29-1.png 1979w, https://www.turkishnyradio.com/wp-content/uploads/2025/02/output-29-1-768x458.png 768w, https://www.turkishnyradio.com/wp-content/uploads/2025/02/output-29-1-1536x916.png 1536w" sizes="(max-width: 1979px) 100vw, 1979px">.20 – Can Bulls Regain Control or Is a Bigger Crash Coming? 3" srcset="https://www.turkishnyradio.com/wp-content/uploads/2025/02/DOGE-2.webp 1792w, https://www.turkishnyradio.com/wp-content/uploads/2025/02/DOGE-2-768x439.webp 768w, https://www.turkishnyradio.com/wp-content/uploads/2025/02/DOGE-2-1536x878.webp 1536w" sizes="(max-width: 1792px) 100vw, 1792px">.20 – Can Bulls Regain Control or Is a Bigger Crash Coming? 2"> This reduced engagement and transaction volume raises concerns about long-term demand and Dogecoin's future market dominance. Experts suggest that a resurgence in user activity is crucial to prevent further market share erosion.

Dogecoin的网络活动大幅下降。 自2023年下半年以来，Unspent Transaction Outufts（UTXO）是用户参与度的关键指标，下降了89％。同样，主动地址从2024年11月的266万人下降到2025年2月的130,282，降至130,282，降低了95％。 .20 - 公牛可以恢复控制还是更大的崩溃会发生？ 3“ srcset =” https://www.turkishnyradio.com/wp-content/uploads/2025/02/02/doge-2.webp 1792w，https://www.turkishnyradio.com/wp-content e 768W，https：//www.turkishnyradio.com/wp-content/uploads/2025/02/doge-2-1536x878.webp 1536w“ size =”（max-width：1792px）100vw，100vw，1792px prighs cromp.交易量引起了人们对长期需求和Dogecoin未来市场优势的担忧。 专家认为，用户活动的复兴对于防止进一步的市场份额侵蚀至关重要。

Shifting Investor Sentiment: Long-Term Holders Exit

转移投资者的情绪：长期持有人退出

Recent data reveals a dramatic shift in Dogecoin's investor base. Long-term holders have reduced their exposure by 2.67%, while mid-term holders have decreased their holdings by 11.81%. This exodus likely stems from price instability and waning confidence in future growth. The sell-off by mid-term holders suggests a reluctance to endure a prolonged period of market stagnation.

最近的数据显示，Dogecoin的投资者基础发生了巨大的转变。长期持有人的曝光率减少了2.67％，而中期持有人的持股量减少了11.81％。这种出埃及可能源于价格不稳定和对未来增长的信心。中期持有人的抛售表明不愿忍受长时间的市场停滞期。

Dogecoin's Struggle to Maintain $0.20: A Looming Crash?

Dogecoin努力保持$ 0.20：迫在眉睫的坠机事故？

Investor Caution and Market Sentiment

投资者的注意和市场情绪

This change in ownership structure reflects growing distrust in Dogecoin's future. Investors may be reacting to broader market conditions, declining adoption rates, or increased competition from newer cryptocurrencies. A continued trend could lead to market instability driven by short-term traders, exacerbating price volatility.

所有权结构的变化反映了对Dogecoin的未来的不信任。 投资者可能会对更广泛的市场状况，采用率下降或增加较新的加密货币竞争做出反应。 持续的趋势可能会导致短期交易者驱动的市场不稳定，加剧价格波动。

The Rise of Speculative Trading

投机交易的兴起

While long-term investors are withdrawing, short-term trading has surged by 107.45%. This indicates a growing preference for quick profits over long-term strategies. This surge in short-term trading likely contributes to recent price volatility and unpredictable price movements.

尽管长期投资者正在撤离，但短期交易却飙升了107.45％。这表明对快速利润而不是长期策略的偏爱。 短期交易的这种激增可能导致了最近的价格波动和不可预测的价格变动。

Dogecoin's Struggle to Maintain $0.20: A Looming Crash?

Dogecoin努力保持$ 0.20：迫在眉睫的坠机事故？

Market Instability and the Impact of Speculation

市场不稳定和投机的影响

Market analysts warn that this influx of speculative trading, while seemingly benign, is destabilizing the market and hindering Dogecoin's recovery. The increased presence of short-term traders could trigger price drops, potentially discouraging long-term investors from re-entering the market.

市场分析师警告说，这种投机性交易的涌入虽然看似良好，但正在破坏市场稳定，并阻碍了Dogecoin的复苏。短期交易者的存在增加可能会触发价格下跌，这可能会阻止长期投资者重新进入市场。

Key Questions for Dogecoin's Future

Dogecoin未来的关键问题

Analysts emphasize that without a return to downward stability, Dogecoin risks further short-term speculation, increasing volatility and making a sustainable price recovery even more challenging. Rebuilding investor confidence and achieving wider adoption are crucial for Dogecoin's long-term viability.

分析人士强调，如果没有恢复向下的稳定性，Dogecoin就会有进一步的短期投机，增加波动性并使可持续价格恢复更具挑战性。 重建投资者的信心和实现更广泛的采用对于Dogecoin的长期可行性至关重要。

Dogecoin's Struggle to Maintain $0.20: A Looming Crash?

Dogecoin努力保持$ 0.20：迫在眉睫的坠机事故？

Market Outlook: Hope Amidst Caution

市场前景：希望谨慎

Despite the bearish sentiment, some analysts remain optimistic. For example, CryptoELITES predicts a Dogecoin rebound, with potential price targets of $0.75, $1.5, and even $5. However, the overall market sentiment remains cautious. Robert Leshner, Founder of Compound, noted the plummeting transaction volume on the Dogecoin network and warned of a potential "cheap impending delisting from exchanges." As always, cryptocurrency investments are highly volatile; conduct thorough research and only invest what you can afford to lose.

尽管有看跌的情绪，但一些分析师仍然乐观。 例如，CryptoElites预测Dogecoin的反弹，潜在的价格目标为0.75美元，1.5美元，甚至5美元。但是，总体市场情绪仍然谨慎。 Compound的创始人罗伯特·莱斯纳（Robert Leshner）指出，Dogecoin网络上的交易量暴跌，并警告说，潜在的“即将廉价从交流中脱颖而出”。 与往常一样，加密货币投资高度波动。进行彻底的研究，只投资您可以负担得起的损失。

Frequently Asked Questions

常见问题

1. Why Dogecoin Can't Hold the $0.20 Price Level: Continued selling pressure from large holders, diminished network activity, and a decrease in long-term holders contribute to price uncertainty and volatility.
2. Impact of Rising Short-Term Holders on Dogecoin's Price: An increase in short-term traders exacerbates price volatility, negatively impacting long-term growth and investor confidence.
3. Will Dogecoin Recover? Analyst Predictions: Some analysts predict a possible rebound if demand increases, with potential targets of $0.75 and above. However, sustained network activity is crucial for recovery.
4. Factors That Could Cause Dogecoin's Price to Plummet: A bearish broader market, decreased transaction volumes, regulatory uncertainty, and a Bitcoin price drop could all negatively impact Dogecoin's support levels.

Glossary of Key Terms

为什么Dogecoin不能持有0.20美元的价格水平：继续销售大型持有人的压力，网络活动减少以及长期持有人的下降有助于价格不确定性和波动性。短期持有人对Dogecoin价格上涨的影响：短期贸易商的上涨会增加价格的增长，使长期易变和投资者的增长对狗的信心产生影响。分析师的预测：一些分析师预测，如果需求增加，则可能的反弹，潜在目标为0.75美元及以上。 但是，持续的网络活动对于恢复至关重要。可能导致狗狗币的价格下降的因素：看跌更广泛的市场，减少交易量，监管不确定性和比特币价格下跌可能会对Dogecoin的支持水平产生负面影响。

• Support Level: A price point where buying interest prevents further price declines. For Dogecoin, $0.20 is a crucial support level.
• Resistance Level: A price level where profit-taking caps upward movement. $0.25 could act as a resistance level if Dogecoin recovers.
• Whale: A large cryptocurrency holder who can influence market prices through large-scale buy or sell transactions.
• Short-Term Holders: Investors who buy and sell assets quickly, increasing price volatility.
• Liquidity: The ease of buying or selling an asset without significantly affecting its price. Low liquidity increases price volatility.
• Market Sentiment: The overall investor attitude towards an asset. The bearish sentiment surrounding Dogecoin is attributed to sell-offs, whale activity, and declining adoption.
• Speculative Trading: Buying and selling assets based on price speculation rather than intrinsic value.

References

支持水平：购买利息阻止进一步价格下降的价格点。 对于Dogecoin而言，$ 0.20是一个至关重要的支持水平。抗性水平：利润促进上升的价格水平。 $ 0.25如果Dogecoin恢复，可以用作电阻水平。Whare：一个大型加密货币持有人，可以通过大规模买卖交易来影响市场价格。Short-Term持有人：快速购买和销售资产的投资者，提高价格波动性。易流动性：易于购买或出售资产而不会影响其价格而不会影响其价格。低流动性提高了价格波动。市场情绪：投资者对资产的总体态度。 围绕Dogecoin的看跌情绪归因于抛售，鲸鱼活动和采用下降。规范交易：基于价格投机而不是内在价值的买卖资产

NewsBTC, The Crypto Basic, Holders (Note: Please provide full citations for these references if possible).

NewsBTC，Crypto Basic，持有人（注意：如果可能的话，请为这些参考提供完整的引用）。