The price of Dogecoin (DOGE) has begun to decline after spiking for 10 days straight, rising from $0.08 to $0.2, representing a staggering 150% increase. The bullish run made the indicators overextended, and the bulls started to see reasons to take profit. As bulls began taking profit, the price declined from $0.2 to $0.12, but bulls were able to push the price slightly upward. Despite the attempt, the price has now declined by around 10% in the last 24 hours, indicating a bearish trend.
狗狗币（DOGE）的价格在连续10天飙升后开始下跌，从0.08美元上涨至0.2美元，涨幅达到惊人的150%。看涨使得指标过度延伸，多头开始找到获利了结的理由。随着多头开始获利了结，价格从 0.2 美元下跌至 0.12 美元，但多头能够将价格小幅推高。尽管做出了尝试，但价格在过去 24 小时内已下跌约 10%，表明看跌趋势。
Analyst’s Perspective
分析师的观点
Amid the decline, analyst Claudia Turvey (@ClaudiaTurvey1D) shared her insights on why she will still hold on to Dogecoin. According to Turvey, there are a few key factors that make Dogecoin (DOGE) an attractive investment option:
在下跌过程中，分析师 Claudia Turvey (@ClaudiaTurvey1D) 分享了她为何仍会持有狗狗币的见解。 Turvey 表示，有几个关键因素使狗狗币（DOGE）成为有吸引力的投资选择：
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- Popularity and Recognition: Dogecoin has established itself as a popular and widely recognized cryptocurrency, indicating a strong brand and community presence
- Strong Community Backing: The quote highlights the importance of Dogecoin’s strong community backing, which can contribute to its growth and adoption.
- Significant Growth: Turvey acknowledges that Dogecoin has shown significant growth, suggesting its potential for future price appreciation.
- Potential for Development and Adoption: The analyst believes that Dogecoin has the potential for further development and adoption, which could drive its value higher.
受欢迎程度和认可度：狗狗币已成为一种流行且广泛认可的加密货币，表明其强大的品牌和社区影响力
强大的社区支持：这句话强调了狗狗币强大的社区支持的重要性，这有助于其增长和采用。
显着增长：特维承认狗狗币已显示出显着增长，表明其未来价格升值的潜力。
开发和采用的潜力：分析师认为，狗狗币具有进一步开发和采用的潜力，这可能会推高其价值。
The Plummeting Shiba Inu (SHIB)
直线下降的柴犬 (SHIB)
The price of Shiba Inu (SHIB) has also been plummeting for the past three days after days of upward rise. This can be also be attributed to investors taking profit after the price has risen for more than a week.
柴犬（SHIB）的价格在连日上涨后，近三天也出现暴跌。这也可以归因于投资者在价格上涨一周多后获利了结。
Community Sentiment
社区情绪
Regarding the SHIB price movement, a community member with the handle @army_shiba shared their perspective:
对于SHIB价格走势，一位@army_shiba的社区成员分享了他们的观点：
“$SHIB has a nice and healthy chart. Some are taking profits, others are buying the dip for the next leg. Forming a nice pattern rn. If btc doesn’t spoil, it will continue with the rise.”
“$SHIB 拥有良好且健康的图表。一些人正在获利了结，另一些人则逢低买入，准备下一步。形成一个漂亮的图案rn。如果比特币不崩盘，它将继续上涨。”
The recent price declines of DOGE and SHIB highlight the volatility of the cryptocurrency market, where profit-taking and market sentiment can significantly impact price movements.
最近 DOGE 和 SHIB 的价格下跌凸显了加密货币市场的波动性，获利回吐和市场情绪可能会严重影响价格走势。
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Check NuggetRush ($NUGX)
检查 NuggetRush ($NUGX)
赞助：负责任地投资，进行自己的研究。
A unique play-to-earn gaming platform in the memecoin market
The platform combines artisanal and gold mining with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience
Fosters a strong community by encouraging physical meetups among members
NFT Integration with Prominent Characters
正处于 ICO 阶段，NuggetRush 为早期投资者提供了以潜在较低价格进入的绝佳机会 Memecoin 市场中独特的玩赚钱游戏平台 该平台在不寻常的游戏环境中将手工和金矿开采与加密货币结合在一起，提供独特且身临其境的体验 通过鼓励成员之间的实体聚会来培育强大的社区 NFT 与知名人物的整合
The post Dogecoin (DOGE) and Shiba Inu (SHIB) Prices Plummet – Here’s Why appeared first on CaptainAltcoin.
狗狗币 (DOGE) 和柴犬 (SHIB) 价格暴跌 - 这就是原因，首先出现在 CaptainAltcoin 上。
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