Dogecoin price soared around 30% in the past month. However, it seems that fewer people are holding DOGE tokens, despite this rise in prices. Is Dogecoin dead? Where is the Dogecoin community?

过去一个月，狗狗币价格飙升了 30% 左右。然而，尽管价格上涨，持有 DOGE 代币的人似乎越来越少。狗狗币死了吗？狗狗币社区在哪里？

Dogecoin Price Analysis

狗狗币价格分析

As of the latest update, Dogecoin is trading at approximately $0.076. It holds a market capitalization of around $10.78 billion, ranking 9th in the cryptocurrency market. Over the past month, DOGE has experienced a notable increase of about 26.25% in its value. This recent uptick follows a period of fluctuating performance, with a 22.38% increase over the last 60 days and a slight 0.54% rise in the past week. These figures suggest a resurgence of interest in Dogecoin, possibly influenced by various market factors and community activities.

截至最新更新，狗狗币的交易价格约为 0.076 美元。其市值约为107.8亿美元，在加密货币市场排名第9位。过去一个月，DOGE 的价值显着增长了约 26.25%。最近的上涨是在一段时期的表现波动之后出现的，过去 60 天上涨了 22.38%，过去一周小幅上涨了 0.54%。这些数字表明人们对狗狗币的兴趣重新燃起，这可能是受到各种市场因素和社区活动的影响。

Is Dogecoin DEAD? A Few Factors to Consider…

狗狗币死了吗？需要考虑的几个因素……

1. Decline in Dogecoin Millionaires

1. 狗狗币百万富翁数量下降

Over the past year, there has been a significant decrease in the number of Dogecoin millionaires. The number of addresses holding over $1 million in DOGE has dropped from 1,046 in November 2022 to 633 as of November 16. This reduction is even more pronounced among larger holders, with those possessing over $10 million in DOGE declining from 160 to 88.

过去一年，狗狗币百万富翁的数量大幅减少。截至 11 月 16 日，持有超过 100 万美元 DOGE 的地址数量已从 2022 年 11 月的 1,046 个减少到 633 个。这种减少在较大的持有者中更为明显，持有超过 1000 万美元 DOGE 的地址从 160 个减少到 88 个。

2. Price Depreciation and Market Sentiment

2. 价格贬值和市场情绪

This decline in wealthy DOGE holders correlates with a substantial drop in the asset’s value. Dogecoin’s price has fallen by almost 50% from $0.15 in November 2022 to the current price of around $0.08. This bearish trend aligns with a general decrease in interest in meme coins, including others like Pepe (PEPE), Shiba Inu (SHIB), and Floki (FLOKI).

富有的 DOGE 持有者的减少与资产价值的大幅下跌相关。狗狗币的价格已从 2022 年 11 月的 0.15 美元跌至目前的 0.08 美元左右，跌幅近 50%。这种看跌趋势与人们对 Meme 代币的兴趣普遍下降相一致，包括 Pepe (PEPE)、Shiba Inu (SHIB) 和 Floki (FLOKI) 等其他代币。

3. Google Trends showing weak interest

3. 谷歌趋势表现出兴趣疲软

Google Trends has indicated a significant decline in the number of searches related to Dogecoin. This trend suggests a waning public curiosity or discussion around this particular cryptocurrency. Historically, spikes in Google search trends for cryptocurrencies like Dogecoin have often coincided with surges in their market value or media attention. However, the current low levels of search interest could reflect a diminished hype or a shift in focus away from meme-based digital currencies.

谷歌趋势显示，与狗狗币相关的搜索数量显着下降。这种趋势表明公众对这种特定加密货币的好奇心或讨论正在减弱。从历史上看，像狗狗币这样的加密货币在谷歌搜索趋势的激增往往与其市场价值或媒体关注度的飙升同时发生。然而，目前搜索兴趣的低水平可能反映出炒作的减弱或焦点从基于模因的数字货币转移。

This decrease in online searches might be indicative of a broader trend in the cryptocurrency market, where investors and enthusiasts are possibly turning their attention to other digital assets or blockchain technologies with more defined utility or innovative features.

在线搜索的减少可能表明加密货币市场的更广泛趋势，投资者和爱好者可能将注意力转向具有更明确实用性或创新功能的其他数字资产或区块链技术。

NB: Address Multiplicity and Market Accuracy

注意：解决多样性和市场准确性

It’s important to consider that a single investor can control multiple addresses. This factor could introduce inaccuracies in the actual count of Dogecoin millionaires, potentially skewing the perceived decline and attributing to potentially only one individual.

重要的是要考虑到单个投资者可以控制多个地址。这一因素可能会导致狗狗币百万富翁的实际计数不准确，从而可能扭曲感知的下降并可能仅归因于一个人。