• Dogecoin faces a crucial moment with a 2% price decline to $0.09318 in the last 24 hours.

狗狗币面临关键时刻，过去 24 小时内价格下跌 2% 至 0.09318 美元。

• Trading volume drops by 18% to $859 million, indicating subdued day trader sentiment.

交易量下降 18% 至 8.59 亿美元，表明日内交易者情绪低迷。

• Daily Active Addresses (DAA) surge by 62.93% to 158,140, providing potential for growth-boosting transactions.

每日活跃地址（DAA）激增 62.93% 至 158,140，为促进交易增长提供了潜力。

The Dogecoin (DOGE) market finds itself at a pivotal juncture, with on-chain data revealing a nuanced narrative that weaves between the bearish and bullish camps.

狗狗币（DOGE）市场发现自己正处于一个关键时刻，链上数据揭示了看跌和看涨阵营之间交织的微妙叙述。

As of the latest data from CoinMarketCap, Dogecoin is valued at $0.09318, reflecting a 2% decline over the past 24 hours. Amidst this downturn, a closer examination of on-chain metrics reveals a dynamic interplay of conflicting indicators that could shape the trajectory of this premier meme coin.

截至 CoinMarketCap 的最新数据，狗狗币估值为 0.09318 美元，过去 24 小时下跌 2%。在经济低迷时期，对链上指标的仔细检查揭示了相互冲突的指标之间的动态相互作用，这些指标可能会影响这一主要模因代币的发展轨迹。

Divergence in Dogecoin on-chain signals

狗狗币链上信号的分歧

While Dogecoin grapples with an 18% dip in trading volume, totaling $859 million, signaling a subdued sentiment among day traders, a distinctive twist emerges in the form of Daily Active Addresses (DAA).

虽然狗狗币的交易量下降了 18%（总计 8.59 亿美元），这表明日内交易者的情绪低迷，但每日活跃地址 (DAA) 的形式出现了一个独特的变化。

Data from IntoTheBlock (ITB) points to a notable uptick in DAA, showcasing a growth rate of 62.93%, with the active addresses numbering 158,140. This surge in active addresses positions Dogecoin favorably, suggesting a potential avenue for growth-boosting transactions that could influence DOGE’s market dynamics.

IntoTheBlock（ITB）的数据显示，DAA 显着上升，增长率为 62.93%，活跃地址数为 158,140 个。活跃地址的激增对狗狗币有利，这表明促进增长的交易的潜在途径可能会影响狗狗币的市场动态。

Concurrently, the landscape of whale activities within the Dogecoin ecosystem introduces an element of complexity. Over the past week, whale transactions, representing a substantial $1.23 billion, have witnessed an unexpected 24.16% decline.

同时，狗狗币生态系统内的鲸鱼活动景观也引入了复杂性。过去一周，鲸鱼交易额高达 12.3 亿美元，出人意料地下降了 24.16%。

This downturn in significant transactions by major players in the network raises questions about the anticipated resurgence of the beloved meme coin.

网络中主要参与者的重大交易量低迷引发了人们对备受喜爱的模因币的预期复苏的质疑。

In recent times, Dogecoin demonstrated resilience and ambition, eliminating a zero from its valuation amidst a sustained uptrend. With a monthly peak of $0.1058, the Fear and Greed Index, a key sentiment indicator, surpassed the 80 mark.

最近一段时间，狗狗币表现出了韧性和雄心，在持续的上涨趋势中消除了其估值的零。关键情绪指标恐惧与贪婪指数突破 80 大关，月度峰值为 0.1058 美元。

Despite the current market dip, the index now stands at 65, signifying a moderation in sentiment. Nevertheless, Dogecoin continues to enjoy robust demand from a diverse investor base.

尽管当前市场下跌，但该指数目前仍处于 65 点，表明市场情绪有所缓和。尽管如此，狗狗币仍然受到多元化投资者群体的强劲需求。