You can also read this news on COINTURK NEWS: Dogecoin Gains Ground with Strong Whale Activity and Market Growth
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The world’s largest meme token, Dogecoin (DOGE), established a strong footing with over 25% gains last week. On Sunday, March 31, the price of Dogecoin rose an additional 7.29% to $0.2156, and its market value exceeded $30 billion. DOGE has gained 134% since the beginning of 2024 to date.
全球最大的 meme 代币狗狗币 (DOGE) 上周上涨了 25% 以上,奠定了坚实的基础。 3月31日星期日,狗狗币价格再上涨7.29%至0.2156美元,市值突破300亿美元。自 2024 年初至今,DOGE 已上涨 134%。
DOGE’s Momentum Linked to Whale Activity in Santiment Reports
DOGE 的势头与情绪报告中的鲸鱼活动有关
Cryptocurrency analytics firm Santiment reported that Dogecoin’s (DOGE) strong momentum emerged against the backdrop of significant whale activity. Currently positioned as the top meme token by market value and holding the 8th rank in the overall cryptocurrency market, DOGE’s recent rise is attributed to a substantial number of inactive whales reactivating and recirculating their DOGE tokens.
加密货币分析公司 Santiment 报告称,狗狗币 (DOGE) 的强劲势头是在鲸鱼大量活动的背景下出现的。 DOGE 目前被定位为市值最高的 meme 代币,在整个加密货币市场中排名第八,其近期的上涨归因于大量不活跃的鲸鱼重新激活和再流通其 DOGE 代币。
This increase does not include the usual fear of missing out (FOMO) that typically precedes market peaks, which could signal that the upcoming rally may have more room to run. According to a graph shared on social media by Ali Martinez, whale wallets containing 10 to 100 million DOGE tokens have been consistently increasing their holdings since March 15.
这一增长不包括通常在市场见顶之前出现的对错过机会的恐惧(FOMO),这可能表明即将到来的反弹可能有更大的运行空间。根据 Ali Martinez 在社交媒体上分享的图表,自 3 月 15 日以来,包含 10 至 1 亿 DOGE 代币的鲸鱼钱包一直在持续增持。
This ongoing accumulation pattern resulted in whales collectively increasing their holdings by 1.40 billion DOGE. At the time this metric was shared, the total had reached 16.7 billion DOGE. A recent analysis shared by cryptocurrency analyst Ali Martinez draws attention back to Dogecoin (DOGE), emphasizing its importance amid the frenzy surrounding new meme tokens in the crypto space.
这种持续的积累模式导致鲸鱼的持有量集体增加了 14 亿 DOGE。截至此指标公布时,DOGE 总量已达到 167 亿枚。加密货币分析师 Ali Martinez 最近分享的一份分析将人们的注意力重新吸引到狗狗币(DOGE)上,强调了它在加密货币领域新模因代币的狂热中的重要性。
Analyst Ali Martinez Issues DOGE Advisory
分析师 Ali Martinez 发布 DOGE 咨询
Despite the allure of other tokens, Ali Martinez underscores DOGE’s continued significance as a major altcoin. Technically, Martinez suggests that Dogecoin’s current trajectory reflects the pattern observed between 2018 and 2021. According to Martinez’s analysis, if this similarity holds true, DOGE could potentially be in the early stages of a significant parabolic bull run.
尽管其他代币具有吸引力,阿里·马丁内斯还是强调了 DOGE 作为主要山寨币的持续重要性。从技术上讲,马丁内斯认为狗狗币当前的轨迹反映了 2018 年至 2021 年期间观察到的模式。根据马丁内斯的分析,如果这种相似性成立,那么狗狗币可能处于重大抛物线牛市的早期阶段。
On the other hand, Dogecoin derivative data indicates that the upward trend may continue. According to Coinglass data, Dogecoin’s open interest has surpassed $2.1 billion. In the last 24 hours, more than $7.15 million flowed into Dogecoin, with $5.13 million in short positions liquidated.
另一方面,狗狗币衍生品数据表明上涨趋势可能会持续。根据 Coinglass 数据,狗狗币的未平仓合约已超过 21 亿美元。在过去 24 小时内,超过 715 万美元流入狗狗币,其中 513 万美元的空头头寸被清算。
The post first appeared on COINTURK NEWS: Dogecoin Gains Ground with Strong Whale Activity and Market Growth
该帖子首次出现在 COINTURK 新闻上:狗狗币凭借强劲的鲸鱼活动和市场增长而获得进展