Dogecoin might face a potential sell-off soon, which could cause its price to drop. This concern arises as a substantial portion of Dogecoin is nearing a point where it could become profitable to sell. If this happens, it wouldn’t be surprising to see many investors selling their Dogecoin holdings to lock in some profits.

狗狗币可能很快就会面临潜在的抛售，这可能会导致其价格下跌。这种担忧是在狗狗币的很大一部分接近出售获利点时出现的。如果发生这种情况，许多投资者出售其持有的狗狗币以锁定部分利润也就不足为奇了。

An intriguing situation arises with Dogecoin’s price potentially reaching $0.17, as it could have both positive and negative implications. Many Dogecoin coins were purchased when the price ranged between $0.15 and $0.168. If the price surpasses $0.17, all of these coins would be in profit.

狗狗币的价格可能达到 0.17 美元，出现了一个有趣的情况，因为它可能产生积极和消极的影响。许多狗狗币是在价格在 0.15 美元到 0.168 美元之间时购买的。如果价格超过 0.17 美元，所有这些代币都将盈利。

Potential Implications of Dogecoin’s Price Movement

10 Billion DOGE Coins Await Profit at $0.17: Data from IntoTheBlock reveals that around 10 billion DOGE coins are currently positioned at a level where they would become profitable if Dogecoin’s price surpasses $0.17. This equates to more than $1.58 billion in value waiting for the $0.17 price point to be reached.

狗狗币价格变动的潜在影响 100 亿枚 DOGE 币以 0.17 美元的价格等待盈利：IntoTheBlock 的数据显示，如果狗狗币的价格超过 0.17 美元，大约 100 亿枚 DOGE 币目前处于盈利水平。这相当于等待达到 0.17 美元价格点的价值超过 15.8 亿美元。

Source: IntoTheBlock

来源：IntoTheBlock

Balancing Act for Dogecoin’s Future: While a rise above $0.17 would be a positive development for the meme coin, it also exposes it to the risk of a sell-off from these holders. Considering that Dogecoin’s price remained relatively stable for much of 2023 before showing some upward movement in March 2024, there is a sense of investor fatigue. Some holders may opt to cash out their profits at the first opportunity.

狗狗币未来的平衡法：虽然价格上涨至 0.17 美元以上对于这款模因币来说是一个积极的发展，但它也使其面临这些持有者抛售的风险。考虑到狗狗币的价格在 2023 年的大部分时间里保持相对稳定，然后在 2024 年 3 月出现一些上涨，投资者有一种疲劳感。一些持有者可能会选择在第一时间兑现利润。

Considerations for Investors: Nevertheless, it’s worth noting that surpassing $0.17 may not yield significant profits for many investors. Therefore, they might prefer to hold onto their Dogecoin until prices rise further, rather than selling at a breakeven point.

投资者注意事项：然而，值得注意的是，超过 0.17 美元可能不会为许多投资者带来可观的利润。因此，他们可能更愿意持有狗狗币直到价格进一步上涨，而不是在盈亏平衡点出售。

Also Read: Meme Coins PEPE- WIF- BONK Surge; Is DOGE Next in Line for a Rally?

另请阅读：Meme 币 PEPE-WIF-BONK Surge； DOGE 会是下一个集会吗？

Current Status and Analyst Predictions for Dogecoin

Presently, the price of Dogecoin remains 7% below the $0.17 level, leaving some room for movement before reaching that point. However, if a significant number of DOGE investors opt to sell their coins, it could drive the price back down towards the $0.15 support level.

狗狗币的现状和分析师预测 目前，狗狗币的价格仍比 0.17 美元水平低 7%，在达到该水平之前留有一定的波动空间。然而，如果大量 DOGE 投资​​者选择出售他们的代币，可能会导致价格回落至 0.15 美元的支撑位。

Despite the potential for a sell-off, bullish sentiment persists within the Dogecoin community. Several crypto analysts have forecasted substantial gains for DOGE’s price. Analyst Altcoin Sherpa is optimistic about Dogecoin’s performance in 2024, expecting it to outshine many other altcoins.

尽管存在抛售的可能性，但狗狗币社区内的看涨情绪依然存在。几位加密货币分析师预测 DOGE 的价格将大幅上涨。分析师 Altcoin Sherpa 对狗狗币 2024 年的表现持乐观态度，预计它将超越许多其他山寨币。

DOGE price trending at $0.158 | Source: DOGEUSDT on Tradingview.com

DOGE 价格趋势为 0.158 美元 |来源：Tradingview.com 上的 DOGEUSDT

Another analyst, Ali Martinez, suggests that Dogecoin has entered the buy zone, making it an attractive option for accumulation. Martinez predicts that the DOGE price could surge by as much as 700% from its current levels, surpassing the $1 threshold and establishing a new all-time high.

另一位分析师阿里·马丁内斯 (Ali Martinez) 表示，狗狗币已进入买入区域，使其成为有吸引力的积累选择。马丁内斯预测，DOGE 的价格可能会从当前水平飙升 700%，突破 1 美元门槛并创下新的历史高点。

Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

重要提示：请注意，本文仅旨在提供信息，不应被视为法律、税务、投资、财务或任何其他类型的建议。