The original meme cryptocurrency Dogecoin, which was launched in early December 2013 by Billy Markus and Jackson Palmer, showcased a rise of almost 6% and then demonstrated an almost similar fall, still adding slightly more than 2% within the last 24 hours.

最初的模因加密货币狗狗币于 2013 年 12 月初由比利·马库斯 (Billy Markus) 和杰克逊·帕尔默 (Jackson Palmer) 推出，上涨了近 6%，然后又出现了几乎类似的下跌，在过去 24 小时内仍上涨了 2% 以上。

In the meantime, data shared by @DogecoinFear account on Twitter (part of CFGI – cryptocurrency Fear and Greed Index) shows that DOGE has entered the so-called “Greed” zone.

与此同时，@DogecoinFear 账户在 Twitter 上分享的数据（CFGI——加密货币恐惧与贪婪指数的一部分）显示 DOGE 已进入所谓的“贪婪”区域。

Dogecoin Fear and Greed Index is 57 - Greed pic.twitter.com/8MNZiXM9n0

狗狗币恐惧和贪婪指数为 57 - 贪婪 pic.twitter.com/8MNZiXM9n0

— Doge Fear and Greed Index (@DogecoinFear) December 29, 2023

— Doge 恐惧与贪婪指数 (@DogecoinFear) 2023 年 12 月 29 日

Dogecoin rushes into “Greed” zone

狗狗币冲入“贪婪”区域

This is an indicator of a possible approaching correction on this particular cryptocurrency market. However, the price, at least for now, is going up. Dogecoin is exchanging hands at $0.0926 on Binance at the time of this writing.

这是这个特定加密货币市场可能即将出现调整的指标。然而，至少目前，价格正在上涨。截至撰写本文时，狗狗币在币安上的交易价格为 0.0926 美元。

When CFGI shows that a cryptocurrency is within a “fear” or “extreme fear” zone, this indicates that savvy investors and traders are likely to start accumulating this crypto. There is also a “neutral” position between those two zones.

当 CFGI 显示某种加密货币处于“恐惧”或“极度恐惧”区域时，这表明精明的投资者和交易者可能会开始积累这种加密货币。这两个区域之间也有一个“中立”位置。

Earlier today, according to data provided by the CFGI website, Dogecoin was in the neutral position, and overall “greed” and “neutral” readings have been changing with each other rapidly today.

今天早些时候，根据 CFGI 网站提供的数据，狗狗币处于中性位置，整体“贪婪”和“中性”读数今天正在快速变化。

Dogecoin whales’ activity surges

狗狗币鲸鱼的活动激增

Earlier this week, popular cryptocurrency tracker Whale Alert shared details of a massive Dogecoin transfer made from an anonymous wallet to the Robinhood asset trading platform. The whale shoveled 230,000,000 DOGE evaluated at $21,610,674 at the time of the transfer.

本周早些时候，流行的加密货币追踪器 Whale Alert 分享了从匿名钱包到 Robinhood 资产交易平台的大规模狗狗币转账的详细信息。鲸鱼铲走了 230,000,000 DOGE，在转账时估值为 21,610,674 美元。

🚨 230,000,000 #DOGE (21,610,674 USD) transferred from unknown wallet to #Robinhoodhttps://t.co/nKOlwHI8Gw

🚨 230,000,000 #DOGE（21,610,674 美元）从未知钱包转移到#Robinhoodhttps://t.co/nKOlwHI8Gw

— Whale Alert (@whale_alert) December 28, 2023

- 鲸鱼警报 (@whale_alert) 2023 年 12 月 28 日

This was more or less exactly the time frame mentioned above, when Dogecoin jumped by 5.66%, reaching $0.0951 per coin. A week before that, the aforementioned blockchain sleuth also reported more than $10 million worth of Dogecoin moved, but this time it was withdrawn from Robinhood.

这或多或少正是上面提到的时间范围，当时狗狗币上涨了 5.66%，达到每枚 0.0951 美元。此前一周，上述区块链侦探还报告称，价值超过 1000 万美元的狗狗币被转移，但这一次是从 Robinhood 撤回的。

Overall, Whale Alert has been reporting massive DOGE transfers quite often recently, a lot of them involving Robinhood, which indicates the rising activity of large investors known as “whales” within the cryptocurrency community. On Dec. 1, Whale Alert registered 300 million Dogecoin transferred to Robinhood, then also about five transactions slightly less than 100 million DOGE each.

总体而言，Whale Alert 最近经常报告大规模 DOGE 转账，其中很多涉及 Robinhood，这表明加密货币社区中被称为“鲸鱼”的大型投资者的活动不断增加。 12 月 1 日，Whale Alert 登记了 3 亿狗狗币转移到 Robinhood，随后还有约 5 笔交易，每笔交易金额略低于 1 亿狗狗币。

Dogecoin’s market capitalization currently stands at $13,181,067,311, and DOGE occupies 10th place on the CoinMarketCap leading analytics website owned by Binance. Among the most influential supporters of it is tech billionaire Elon Musk, who calls himself “The DogeFather.”

狗狗币的市值目前为 13,181,067,311 美元，DOGE 在币安旗下的 CoinMarketCap 领先分析网站上排名第 10 位。最有影响力的支持者之一是科技亿万富翁埃隆·马斯克，他自称“狗狗之父”。