, @media only screen and (min-width: 0px) and (min-height: 0px) { div[id^="bsa-zone_1708432009695-0_123456"] { min-width: 320px; min-height: 50px; } } @media only screen and (min-width: 640px) and (min-height: 0px) { div[id^="bsa-zone_1708432009695-0_123456"] { min-width: 728px; min-height: 90px; } } Historical data suggests the sentiment may precede a price hike to $0.27 Significant drop in social volume could imply a potential buying opportunity For the first time since September 2023, the Weighted Sentiment around Dogecoin [DOGE] hit -1.562 on the charts. This, according to AMBCrypto’s analysis of Santiment’s data. Here, Weighted Sentiment can be defined as a result of the average comments about an asset on social media. Hate could be fuel On 24 May, Kabosu, the Shiba Inu dog that inspired the creation of Dogecoin, died. This prompted a hike in positive commentary about DOGE. However, the latest reading also revealed that for every 1 good comment about the coin, there were 1.56 more that were contrary to the same. @media only screen and (min-width: 0px) and (min-height: 0px) { div[id^="bsa-zone_1708432127066-0_123456"] { min-width: 320px; min-height: 50px; } } @media only screen and (min-width: 640px) and (min-height: 0px) { div[id^="bsa-zone_1708432127066-0_123456"] { min-width: 728px; min-height: 90px; } } Typically, if negative sentiment dominates the market, demand for the memecoin might fall on the charts. However, for Dogecoin, history begs to differ. Consider September 2023, for instance – Back when the metric was a similar position, DOGE’s price was $0.064. However, the altcoin’s price soon jumped to $0.097 in less than three months. For the memecoin community, this upswing is called a “hated rally.” It happens whenever a pessimistic view about a cryptocurrency fuels a price hike on the charts. Source: Santiment Though history might not repeat itself, the pattern could appear again. If this is the case, DOGE’s price might move to a yearly high of $0.27 before the beginning of the next quarter. At press time, the memecoin was valued at $0.16. Here, it’s also worth noting that data from IntoTheBlock revealed that 84% of all DOGE holders were making money at the aforementioned price level. Should the value of the cryptocurrency rise as predicted, another set of 1.2 billion coins might fall into profit. For 100% of the total supply to be in gains, the memecoin’s price needs to hit $0.32. Source: IntoTheBlock Does Bitcoin have DOGE’s key? This was the average price of 755,230 addresses accumulating DOGE. While this is not impossible, the price potential might depend on the movement of Bitcoin [BTC] too. AMBCrypto mentioned this because of the correlation between BTC and DOGE. At the time of writing, the correlation between both coins was 0.86. On the contrary, for Ethereum [ETH] and most altcoins, the reading was much lower. Hence, this implies that Dogecoin moves more strongly with Bitcoin than it does with other cryptocurrencies. Source: IntoTheBlock On-chain data recently also revealed how Bitcoin’s price is now at a good accumulation point. Going by this assumption, it could be safe to say that DOGE is in a similar condition. Ergo, a notable Bitcoin hike could drive DOGE’s price higher too. Additionally, AMBCrypto assessed the memecoin’s social volume as well. At press time, this metric had fallen to 120 from 614. Realistic or not, here’s DOGE’s market cap in BTC terms From a price perspective, this decline could reinforce the notion that demand might wane. At the same time, it could offer a buying opportunity since most participants have lately been uncertain about the coin’s short-term performance. Source: Santiment Take a Survey: Chance to Win $500 USDT @media only screen and (min-width: 0px) and (min-height: 0px) { div[id^="bsa-zone_1708432161540-0_123456"] { min-width: 320px; min-height: 50px; } } @media only screen and (min-width: 640px) and (min-height: 0px) { div[id^="bsa-zone_1708432161540-0_123456"] { min-width: 728px; min-height: 90px; } } Next: UNI’s price sees +15% uptick after Uniswap’s new proposal beckons vote Share Share Tweet
,@media仅限屏幕和(最小宽度:0px)和(最小高度:0px){div [id ^ =“bsa-zone_1708432009695-0_123456”]{最小宽度:320px; 最小高度:50px; } } @media 仅屏幕和 (min-width: 640px) 和 (min-height: 0px) { div[id^="bsa-zone_1708432009695-0_123456"] { min-width: 728px; 最小高度:90px; 历史数据表明,这种情绪可能会先于价格上涨至 0.27 美元 社交量大幅下降可能意味着潜在的买入机会 自 2023 年 9 月以来,围绕狗狗币 [DOGE] 的加权情绪首次在图表上触及 -1.562。这是根据 AMBCrypto 对 Santiment 数据的分析得出的。在这里,加权情绪可以定义为社交媒体上有关资产的平均评论的结果。仇恨可能会助长 5 月 24 日,激发狗狗币创造灵感的柴犬 Kabosu 去世。这促使对 DOGE 的积极评论增加。然而,最新的读数还显示,每有 1 条对该币的好评,就会有 1.56 条相反的评论。 @media only 屏幕 and (min-width: 0px) and (min-height: 0px) { div[id^="bsa-zone_1708432127066-0_123456"] { min-width: 320px; 最小高度:50px; } } @media 仅屏幕和 (min-width: 640px) 和 (min-height: 0px) { div[id^="bsa-zone_1708432127066-0_123456"] { min-width: 728px; 最小高度:90px; 通常,如果负面情绪主导市场,对 memecoin 的需求可能会下降。然而,对于狗狗币来说,历史却有所不同。例如,考虑 2023 年 9 月 – 当指标处于类似位置时,DOGE 的价格为 0.064 美元。然而,不到三个月的时间,山寨币的价格很快就跃升至 0.097 美元。对于 memecoin 社区来说,这种上涨被称为“令人讨厌的反弹”。每当对加密货币的悲观看法导致图表上的价格上涨时,就会发生这种情况。来源:Santiment 虽然历史可能不会重演,但这种模式可能会再次出现。如果是这样的话,DOGE 的价格可能会在下一季度开始前升至 0.27 美元的年度高点。截至发稿时,memecoin 的价值为 0.16 美元。在这里,还值得注意的是,IntoTheBlock 的数据显示,84% 的 DOGE 持有者在上述价格水平上赚钱。如果加密货币的价值如预期上涨,另一组 12 亿枚硬币可能会陷入盈利。为了使总供应量 100% 上涨,memecoin 的价格需要达到 0.32 美元。来源:IntoTheBlock 比特币有 DOGE 的密钥吗?这是累积 DOGE 的 755,230 个地址的平均价格。虽然这并非不可能,但价格潜力也可能取决于比特币 [BTC] 的走势。 AMBCrypto 提到这一点是因为 BTC 和 DOGE 之间的相关性。截至撰写本文时,两种货币之间的相关性为 0.86。相反,对于以太坊 [ETH] 和大多数山寨币来说,读数要低得多。因此,这意味着狗狗币与比特币的走势比与其他加密货币的走势更为强劲。来源:IntoTheBlock 链上数据最近也揭示了比特币的价格目前处于良好的积累点。根据这个假设,可以肯定地说 DOGE 也处于类似的情况。因此,比特币的显着上涨也可能会推高 DOGE 的价格。此外,AMBCrypto 还评估了 memecoin 的社交量。截至发稿时,这一指标已从 614 跌至 120。无论现实与否,以下是 DOGE 以 BTC 计算的市值。从价格角度来看,这种下降可能会强化需求可能减弱的观点。与此同时,它可能提供买入机会,因为大多数参与者最近对该代币的短期表现感到不确定。资料来源:Santiment 进行一项调查:有机会赢得 500 美元 USDT @media only screen and (min-width: 0px) and (min-height: 0px) { div[id^="bsa-zone_1708432161540-0_123456"] { min-width : 320 像素; 最小高度:50px; } } @media 仅屏幕和 (min-width: 640px) 和 (min-height: 0px) { div[id^="bsa-zone_1708432161540-0_123456"] { min-width: 728px; 最小高度:90px; 下一篇:在 Uniswap 的新提案引发投票后,UNI 的价格上涨了 15% 分享 分享 Tweet