Dogecoin Surges on US Election Outcomes

狗狗币因美国大选结果而飙升

As the US election unfolded on November 5, Dogecoin (DOGE) experienced a significant 957% increase in its key bull metric, indicating heightened interest from crypto whales. The surge in on-chain activity continued throughout the election period and reached a peak on November 6, the day of the results. This bullish sentiment likely stemmed from the victory of Donald Trump, a candidate supported by prominent DOGE advocate Elon Musk.

随着美国大选于 11 月 5 日展开，狗狗币 (DOGE) 的关键牛市指标大幅增长 957%，表明加密鲸鱼的兴趣增强。整个选举期间，链上活动持续激增，并在 11 月 6 日（结果公布当天）达到顶峰。这种看涨情绪可能源于唐纳德·特朗普的胜利，这位候选人得到了著名的 DOGE 倡导者埃隆·马斯克的支持。

Data from IntoTheBlock reveals a notable increase in wallet activity among large holders in the lead-up to the election. The Whale Netflow metric recorded a surge from 45.3 million DOGE to 431.3 million DOGE, representing a 957% increase in transaction volume over 24 hours. This substantial inflow suggests that crypto whales were acquiring more DOGE to capitalize on a potential upswing related to Trump's victory, as whales held only a meager 0.1% of the circulating DOGE supply. The surge in whale activity further fueled the DOGE rally after the election results were announced.

IntoTheBlock 的数据显示，在选举前夕，大持有者的钱包活动显着增加。 Whale Netflow 指标从 4530 万个 DOGE 激增至 4.313 亿个 DOGE，这意味着 24 小时内交易量增长了 957%。这一大量资金流入表明，加密鲸鱼正在收购更多 DOGE，以利用与特朗普获胜相关的潜在上涨，因为鲸鱼仅持有流通 DOGE 供应量的 0.1%。选举结果公布后，鲸鱼活动的激增进一步推动了 DOGE 的涨势。

Net inflows during market downturns are not uncommon, as whales often accumulate assets during price dips in anticipation of an upward trend. The recent addition of 620.84 million DOGE to the wallets of major holders further supports this bullish outlook. However, there has also been a notable outflow of DOGE from these wallets, increasing from 56.85 million to 189.54 million tokens. Despite this outflow, the net accumulation remains positive, indicating continued buying pressure from crypto whales.

市场低迷期间的净流入并不罕见，因为鲸鱼通常会在价格下跌期间积累资产，以预期上涨趋势。最近主要持有者钱包中新增了 6.2084 亿 DOGE，进一步支持了这一看涨前景。然而，这些钱包中的 DOGE 也出现了显着的流出，从 5685 万增加到 18954 万。尽管出现这种流出，但净积累仍然为正，表明来自加密鲸鱼的持续购买压力。

Following a 10% price increase on November 5, many traders anticipated that DOGE would continue to rise after the election results. As of November 7, however, DOGE has declined 6.35% over the past 24 hours, trading at $0.1869. Its trading volume has also dropped by 56.15% to $5.37 billion, while its market capitalization stands at $27.40 billion.

继 11 月 5 日价格上涨 10% 后，许多交易者预计 DOGE 将在选举结果公布后继续上涨。然而，截至 11 月 7 日，DOGE 在过去 24 小时内下跌了 6.35%，交易价格为 0.1869 美元。其交易量也下降了56.15%至53.7亿美元，而市值为274.0亿美元。