Dogecoin Surge: A Surge in Meme Coin Discussions

狗狗币激增：Meme 币讨论激增

Cover Image: via U.Today

封面图片：来自 U.Today

Dogecoin (DOGE), the dog-themed cryptocurrency, has witnessed an impressive price increase of over 11% in the past 24 hours. At the time of writing, DOGE has surged by 9.35% in the last day, valuing it at $0.1344, and has experienced a remarkable 25% surge on a weekly basis.

狗狗币（DOGE）是一种以狗为主题的加密货币，在过去 24 小时内价格上涨了 11% 以上，令人印象深刻。截至撰写本文时，DOGE 最后一天上涨 9.35%，估值为 0.1344 美元，每周上涨 25%。

Meme Coins Outperforming

Meme 币表现出色

This surge in DOGE is particularly notable as several other cryptocurrencies have posted only modest gains or even losses during the same period. In contrast, major cryptocurrencies like Bitcoin and Ethereum have gained less than 1% over the past 24 hours. However, a handful of meme coins, including Dogecoin, have been thriving. Dogecoin has led the charge with a 10% increase, followed by Shiba Inu, Floki, and MEW, which have all gained nearly 5%.

DOGE 的飙升尤其引人注目，因为其他几种加密货币在同一时期仅录得小幅上涨甚至下跌。相比之下，比特币和以太坊等主要加密货币在过去 24 小时内的涨幅不到 1%。然而，包括狗狗币在内的少数模因币一直在蓬勃发展。狗狗币 (Dogecoin) 以 10% 的涨幅领跑，其次是 Shiba Inu、Floki 和 MEW，均上涨了近 5%。

Shift in Market Focus

市场焦点的转变

Recent analysis from on-chain analytics provider Santiment reveals the reason behind this surge in meme coins. According to Santiment's recent tweet, there has been a significant increase in discussions surrounding meme coins, specifically Dogecoin and Bonk.

链上分析提供商 Santiment 最近的分析揭示了 meme 币激增背后的原因。根据 Santiment 最近的推文，围绕模因币（特别是狗狗币和 Bonk）的讨论显着增加。

![Santiment Tweet]

![情感推文]

Implications for Market Trends

对市场趋势的影响

This surge in meme coin chatter coincides with a shift in market focus away from layer-1 assets, such as Bitcoin and Ethereum, towards more speculative assets. Historically, high social dominance of meme coins has foreshadowed market peaks, while high interest in layer-1 projects has signaled market lows. Santiment warns that markets tend to correct when attention shifts from layer-1 blockchains to speculative assets driven by greed.

模因币讨论的激增恰逢市场焦点从比特币和以太坊等第一层资产转向更具投机性的资产。从历史上看，模因币的高度社会主导地位预示着市场高峰，而对 Layer-1 项目的高兴趣则预示着市场低点。 Santiment 警告说，当注意力从第一层区块链转移到由贪婪驱动的投机资产时，市场往往会进行调整。

Dogecoin's Price Outlook

狗狗币的价格展望

Dogecoin has been on an upward trajectory for the past five days, poised for its fifth consecutive day of gains since October 14th. The initial surge began after hitting support around $0.102 on October 10th.

过去五天，狗狗币一直呈上升趋势，有望自 10 月 14 日以来连续第五天上涨。 10 月 10 日触及 0.102 美元附近的支撑位后，最初的飙升开始了。

Dogecoin's price has breached the 200-day Simple Moving Average (SMA) at $0.1294, a level that has hindered DOGE's growth since April. Previous attempts by bulls to surpass this critical level in May and July were met with resistance.

狗狗币的价格已突破 200 日简单移动平均线 (SMA) 0.1294 美元，这一水平自 4 月份以来一直阻碍着狗狗币的增长。多头此前在五月和七月试图突破这一关键水平的尝试遭到了阻力。

In the upcoming days, the market will closely monitor the break above this level, which would indicate the start of a new upswing. If sustained, Dogecoin could rise to $0.14, followed by $0.17, with a potential target of $0.19. However, the 50-day SMA at $0.108 is expected to provide significant support in the event of profit-taking.

未来几天，市场将密切关注突破该水平，这将表明新一轮上涨的开始。如果持续下去，狗狗币可能会上涨至 0.14 美元，随后是 0.17 美元，潜在目标为 0.19 美元。然而，如果出现获利了结，预计 50 日移动平均线 0.108 美元将提供重要支撑。