Dogecoin has emerged as one of the clear winners in the last week after its price climbed over 10% to secure the $0.075 level. This incredible rally has brought the meme coin to its highest level in the last three months. However, it may only be getting started as multiple DOGE metrics continue to exhibit bullishness.
狗狗币上周价格上涨超过 10%,达到 0.075 美元的水平,成为明显的赢家之一。这种令人难以置信的反弹使模因币达到了过去三个月来的最高水平。然而,随着多个 DOGE 指标继续表现出看涨情绪,这可能才刚刚开始。
Dogecoin Whales Still In The Game
狗狗币鲸鱼仍在游戏中
One of the most important metrics that show how investors are looking at a coin like Dogecoin is what the large investors are doing. Initially, when the crypto market rally began and DOGE started to move up, the whale addresses remained muted without showing too much activity. But that has started to change with a drastic rise in the whale movements.
显示投资者如何看待狗狗币这样的代币的最重要指标之一是大型投资者正在做什么。最初,当加密货币市场开始反弹并且 DOGE 开始上涨时,鲸鱼地址仍然保持沉默,没有表现出太多活动。但随着鲸鱼活动的急剧增加,这种情况已经开始改变。
According to data from IntoTheBlock, in the last 24 hours, Dogecoin whales have carried out over $1.48 billion worth of transactions. This is in stark contrast to last week’s figures coming in at an average of $600 million in daily transactions by these large holders.
根据 IntoTheBlock 的数据,在过去 24 小时内,狗狗币鲸鱼已经进行了价值超过 14.8 亿美元的交易。这与上周这些大持有者平均每日交易额 6 亿美元的数字形成鲜明对比。
DOGE large transactions climb to $1.48 billion | Source: IntoTheBlock
DOGE大额交易攀升至14.8亿美元 |来源:IntoTheBlock
It means that there has been a more than 100% rise in daily large transaction volume for Dogecoin, suggesting that the whales are coming out to play. The spike also began around November 4 which is when the DOGE price had begun moving upward quickly. This could mean that these whales have been buying large quantities, leading to a drastic decrease in the available DOGE supply on the open market.
这意味着狗狗币的每日大额交易量增长了100%以上,表明鲸鱼要出来玩了。峰值也在 11 月 4 日左右开始,此时 DOGE 价格开始快速上涨。这可能意味着这些鲸鱼一直在大量购买,导致公开市场上可用的 DOGE 供应急剧减少。
The number of large transactions reached 1,320 on November 6, just 100 transactions shy of the asset’s October highs. IntoTheBlock also shows a leaning toward bullishness with more addresses being bullish compared to those which are bearish.
11 月 6 日,大额交易数量达到 1,320 笔,距离该资产 10 月高点仅差 100 笔。 IntoTheBlock 还显示出看涨的倾向,与看跌的地址相比,看涨的地址更多。
DOGE Volumes Are On The Rise
DOGE 交易量正在上升
Dogecoin whale transactions and volumes are not the only Dogecoin metrics that have been on the rise. The meme coin’s daily trading volume has also exploded during this time as well, with a 64% increase in a 24-hour period.
狗狗币鲸鱼交易和交易量并不是狗狗币唯一增长的指标。 Meme 币的日交易量在此期间也出现爆炸式增长,24 小时内增长了 64%。
Daily trading volume rises | Source: CoinMarketCap
每日交易量上升|资料来源:CoinMarketCap
This drastic rise has brought its daily trading volume above $870 million with the possibility of crossing $1 billion in the coming days. This exponential rise in daily trading volume indicates rising interest, especially with the spot buying and selling.
这一大幅增长使其日交易量超过 8.7 亿美元,未来几天有可能突破 10 亿美元。每日交易量呈指数级增长表明兴趣不断上升,尤其是现货买卖。
During this time, the DOGE profitability has been rising quickly, bringing 53% of all holders back into profit. This has contributed to the bullish sentiment of the meme coin and could help to trigger more capital inflow into Dogecoin as investors try to take advantage of the price recovery.
在此期间,DOGE 盈利能力迅速上升,使所有持有者的 53% 重新盈利。这促进了模因币的看涨情绪,并可能有助于引发更多资本流入狗狗币,因为投资者试图利用价格回升的机会。
DOGE price loses footing at $0.075 | Source: DOGEUSD On Tradingview.com
DOGE 价格跌至 0.075 美元 |资料来源:Tradingview.com 上的 DOGEUSD