Dogecoin Trading Volume Surges Despite Price Dip

尽管价格下跌，狗狗币交易量仍在激增

Dogecoin, the renowned dog-themed meme coin, has experienced a significant spike in trading volume. According to CoinGlass data, DOGE has surged by 87%.

狗狗币是著名的以狗为主题的模因币，其交易量大幅飙升。根据CoinGlass数据，DOGE已飙升87%。

Despite this volume increase, the DOGE price has fallen by 5.20% in the past 24 hours. Last week, Dogecoin lost a decimal point, dropping by over 7% amidst negative investor sentiment and a stock market correction. Source: CoinMarketCap

尽管交易量有所增加，但 DOGE 价格在过去 24 小时内下跌了 5.20%。上周，由于投资者情绪不佳和股市调整，狗狗币下跌了一位小数点，跌幅超过 7%。资料来源：CoinMarketCap

Elon Musk's Influence

埃隆·马斯克的影响力

Earlier this week, Tesla CEO Elon Musk sparked interest within the cryptocurrency community by commenting on X. In response to a tweet about Starlink bank accounts being frozen, "Sir Doge of the Coin," a prominent Dogecoin supporter, suggested, "Dogecoin fixes this." This interaction attracted attention from the Dogecoin community.

本周早些时候，特斯拉首席执行官埃隆·马斯克 (Elon Musk) 对 X 的评论引发了加密货币社区的兴趣。在回应有关 Starlink 银行账户被冻结的推文时，著名的狗狗币支持者“硬币爵士”表示，“狗狗币解决了这个问题” ”。这一互动引起了狗狗币社区的关注。

In January 2021, Musk's remarks led to a 339% surge in Dogecoin's value, bringing it to $0.032642. Its peak price of $0.682 was reached on May 8, 2021. However, despite celebrity endorsements, Dogecoin's business adoption remains limited.

2021 年 1 月，马斯克的言论导致狗狗币价值飙升 339%，达到 0.032642 美元。其价格于 2021 年 5 月 8 日达到 0.682 美元的峰值。然而，尽管有名人代言，狗狗币的商业采用仍然有限。

Despite Musk's support, Dogecoin has not achieved a major breakthrough. Its price has dropped over 7% amidst the crypto correction.

尽管有马斯克的支持，狗狗币仍未取得重大突破。在加密货币调整期间，其价格下跌了 7% 以上。

Bearish Sentiment

看跌情绪

Losing a decimal point has significantly impacted DOGE investors. As the market moves into the "extreme fear" zone, bullish investors must patiently await the ideal moment to enter the market.

失去小数点对 DOGE 投资​​者产生了重大影响。随着市场进入“极度恐惧”区域，看涨的投资者必须耐心等待入市的理想时机。

Dogecoin has faced a consistent decline for several months, encountering resistance at key levels set by its moving averages. The 200-day EMA remains well above the current price, indicating a sustained downward trend.

狗狗币几个月来持续下跌，在移动平均线设定的关键水平遇到阻力。 200 日均线仍远高于当前价格，表明持续下跌趋势。