On-chain data suggests the Dogecoin adoption has been picking up recently as a large number of new addresses are popping up on the network.

链上数据表明，随着网络上出现大量新地址，狗狗币的采用率最近有所上升。

Dogecoin Is Observing A High Number Of Daily New Addresses Currently

狗狗币目前观察到大量每日新地址

In a new post on X, analyst Ali talked about how the Dogecoin network activity has been looking like recently in terms of new address creation. A “new address” is one that has taken part in some kind of transaction activity for the first time.

在 X 上的一篇新帖子中，分析师 Ali 谈到了狗狗币网络活动最近在新地址创建方面的情况。 “新地址”是第一次参与某种交易活动的地址。

Some of the new addresses that pop up on the network every day belong to the existing users, who may be creating additional addresses for privacy purposes or simply moving to a different wallet.

每天在网络上弹出的一些新地址属于现有用户，他们可能出于隐私目的创建其他地址或只是转移到不同的钱包。

The rest of the new addresses, though, are being created by fresh investors entering into the market, so the daily total value of the new addresses can provide hints about how the adoption of the meme coin is coming along.

不过，其余的新地址是由进入市场的新投资者创建的，因此新地址的每日总价值可以提供有关模因硬币的采用进展情况的暗示。

The below chart shows the trend in this metric for Dogecoin over the last couple of months:

下图显示了过去几个月狗狗币该指标的趋势：

As displayed in the above graph, the daily number of new Dogecoin addresses started spiking last month and has since been consistently setting new highs as the metric continues in an overall upward trajectory. This would suggest that the network has been receiving a consistently high influx of new investors recently.

如上图所示，狗狗币每日新地址数量从上个月开始飙升，此后随着该指标继续呈整体上升趋势，一直创下新高。这表明该网络最近一直在持续大量涌入新投资者。

Adoption is always a constructive sign for any cryptocurrency, as fresh hands can help build a solid foundation that future uplifts in the price can sustainably grow off. Thus, it’s crucial for assets to continue to look attractive to new users, something that Dogecoin appears to have been doing fine recently.

对于任何加密货币来说，采用始终是一个建设性的标志，因为新人可以帮助建立坚实的基础，使未来价格的上涨能够持续增长。因此，让资产继续对新用户有吸引力至关重要，而狗狗币最近似乎做得很好。

Any positive effects on the price that come through adoption, though, generally only appear in the long term. Rather, depending on the nature of the adoption, it can in fact impart a negative influence on the cryptocurrency in the short-term.

不过，通过采用而对价格产生的任何积极影响通常只会在长期内出现。相反，根据采用的性质，它实际上可能在短期内对加密货币产生负面影响。

This happens when too many new users join the blockchain in a short amount of time, only buying into the asset due to FOMO. Recently, the on-chain analytics firm Santiment also discussed this fast pace of address creation on the Dogecoin network, noting that Bitcoin (BTC) is also displaying a similar trend.

当太多新用户在短时间内加入区块链，由于 FOMO 而只购买资产时，就会发生这种情况。最近，链上分析公司 Santiment 也讨论了狗狗币网络上地址创建的快速步伐，并指出比特币（BTC）也显示出类似的趋势。

“Though network growth is a great sign long-term, this rapid rate of new wallets is a FOMO sign to be slightly cautious of,” explained the analytics firm in the post.

该分析公司在帖子中解释说：“虽然从长远来看，网络增长是一个很好的迹象，但新钱包的快速增长是一个需要稍微谨慎的 FOMO 迹象。”

From the chart, it’s visible that Cardano (ADA) is the only asset among the top cryptocurrencies by market cap that’s not displaying any sort of address growth at all.

从图表中可以看出，卡尔达诺（ADA）是市值最高的加密货币中唯一一种根本没有显示任何地址增长的资产。

DOGE Price

狗狗价格

Since the rally Dogecoin observed during the starting third of the month, the asset has gone rather stale, as its price has continued to move sideways around the $0.093 level during the last two weeks.

自从狗狗币在本月初观察到反弹以来，该资产已经变得相当陈旧，因为其价格在过去两周内继续在 0.093 美元的水平附近横向波动。