According to on-chain analytics, the next strong Dogecoin rally might be closer than we think. The meme token has been giving traders mixed signals for the past month, but signs like on-chain transaction volume and DOGE’s mission to the moon are starting to point to the next surge being right around the corner. 

根据链上分析，狗狗币的下一次强劲反弹可能比我们想象的更接近。在过去的一个月里，meme 代币一直给交易者带来了复杂的信号，但链上交易量和 DOGE 登月任务等迹象开始表明下一次激增即将到来。

Despite the majority of cryptocurrencies being in the red over the past 24 hours as consolidation and modest selloffs continue, Doge has managed to post a gain of 6.87%. 

尽管随着整合和小幅抛售的持续，大多数加密货币在过去 24 小时内都出现亏损，但 Doge 仍成功实现了 6.87% 的涨幅。

Dogecoin Transaction Volume Spikes

狗狗币交易量激增

Price activity indicates that Dogecoin has gained more than 10% over the course of the past week. The cryptocurrency struggled to post gains like other popular cryptocurrencies for the most part of October’s rally. 

价格活动表明狗狗币在过去一周上涨了 10% 以上。在 10 月份上涨的大部分时间里，这种加密货币与其他流行的加密货币一样难以实现上涨。

Price data from Coinmarketcap shows the crypto only spiked 19.7% from its October bottom of $0.0579 to end the month at $0.069. However, things changed in early November, as bulls and whales started to inject capital into the cryptocurrency. This influx pushed the cryptocurrency over the strong $0.76 support. 

Coinmarketcap 的价格数据显示，该加密货币从 10 月份的底部 0.0579 美元仅上涨了 19.7%，到月底为 0.069 美元。然而，情况在 11 月初发生了变化，多头和鲸鱼开始向加密货币注入资金。这种涌入将加密货币推高至 0.76 美元的强劲支撑位。

According to crypto analyst Rekt Capital, this breakout was the beginning of a shift in trend, with a spike to a $0.15 price target now in formation.

加密货币分析师 Rekt Capital 表示，这次突破是趋势转变的开始，目前正在形成 0.15 美元的价格目标。

Various on-chain monitors reveal that on-chain transactions have spiked at the same time. According to on-chain analytics platform Santiment, Dogecoin reached a total transaction volume of $665 million yesterday, its highest level in three months. Data from Coinmarketcap also puts the total transaction volume in the past 24 hours at $1.83 billion, an increase of over 240% from the previous day. 

各种链上监控显示链上交易同时激增。根据链上分析平台 Santiment 的数据，狗狗币昨天的总交易额达到 6.65 亿美元，为三个月来的最高水平。 Coinmarketcap的数据还显示，过去24小时总交易额为18.3亿美元，较前一天增长超过240%。

🐶 #Dogecoin has had a modest +5% surge on a mostly flat #crypto market day. It has been aided by $665M in #onchain transaction volume, its highest level in 3 months. There is also a notable amount of $DOGE longs opening as traders bet on prices rising. https://t.co/uFgCCIxih0 pic.twitter.com/DussxIPJN2

#Dogecoin 在基本持平的 #crypto 市场日小幅上涨 5%。 #onchain 交易量达 6.65 亿美元，为 3 个月来的最高水平。由于交易员押注价格上涨，还有大量美元 DOGE 多头开仓。 https://t.co/uFgCCIxih0 pic.twitter.com/DussxIPJN2

— Santiment (@santimentfeed) November 16, 2023

- Santiment (@santimentfeed) 2023 年 11 月 16 日

Dogecoin millionaires figures are currently in decline, but that has not stopped whale activities as large transactions have spiked in the past week amid greater market pullback. IntoTheBlock’s large on-chain transaction metric shows that DOGE’s large on-chain transactions totaled $1.37 billion in the past 24 hours, a 69% increase from the prior day.

狗狗币百万富翁的数量目前正在下降，但这并没有阻止鲸鱼活动，因为过去一周随着市场回调的加大，大宗交易激增。 IntoTheBlock 的大额链上交易指标显示，DOGE 在过去 24 小时内的大额链上交易总额为 13.7 亿美元，较前一天增长 69%。

Source: IntoTheBlock

来源：IntoTheBlock

Most of this heightened trading activity can be linked to increasing enthusiasm within the Dogecoin community surrounding robotics company Astrobotic’s launch of a physical Dogecoin token to the moon in December. For a token whose price is mostly driven largely by hype and excitement, the anticipation and achievement of this Moon mission could very well start a sustained upward trend for Dogecoin.

这种交易活动的增加大部分与狗狗币社区对机器人公司 Astrobotic 于 12 月向月球推出实物狗狗币代币的热情高涨有关。对于价格主要由炒作和兴奋驱动的代币来说，这次月球任务的预期和成就很可能会开启狗狗币的持续上涨趋势。

Popular trading platform Robinhood has also been a major factor in this uptick in large transaction volume. A series of large-scale transactions linked to Robinhood started on November 7, when it received a transfer of 250 million DOGE, worth approximately $18.9 million at the time. Other notable transfers include a transfer of $10.6 million worth of DOGE from Robinhood to an unknown wallet and a transfer of 690 million DOGE between two private wallets.

受欢迎的交易平台 Robinhood 也是大交易量上升的一个主要因素。与 Robinhood 有关的一系列大规模交易于 11 月 7 日开始，当时它收到了 2.5 亿 DOGE 的转账，当时价值约 1890 万美元。其他值得注意的转账包括将价值 1060 万美元的 DOGE 从 Robinhood 转移到一个未知的钱包，以及在两个私人钱包之间转移 6.9 亿美元的 DOGE。

According to whale transaction tracker Whale Alerts, 375 million DOGE worth approximately $30.3 million was recently transferred to Robinhood.

根据鲸鱼交易追踪器 Whale Alerts 的数据，最近有 3.75 亿枚 DOGE 被转移到 Robinhood，价值约 3030 万美元。

🚨 🚨 375,000,000 #DOGE (30,335,217 USD) transferred from unknown wallet to #Robinhoodhttps://t.co/g1oWHeGIJN

🚨 🚨 375,000,000 #DOGE（30,335,217 美元）从未知钱包转移到#Robinhoodhttps://t.co/g1oWHeGIJN

— Whale Alert (@whale_alert) November 17, 2023

— 鲸鱼警报 (@whale_alert) 2023 年 11 月 17 日

DOGE bulls take control | Source: DOGEUSD on Tradingview.com

DOGE多头占据主导地位|资料来源：Tradingview.com 上的 DOGEUSD