Dogecoin has been quite strong over the weekend despite other assets in the crypto space taking a beating. This has seen the meme coin favor long traders during this time. However, bulls are not completely out of the woods and a drop in price from here would be detrimental to the tune of tens of millions of dollars.

Dogecoin Price Drop To $0.15 Would Wipe Out $66 Million

The Dogecoin price is still holding steady above $0.17, but long traders face a threat if the price were to break down and retreat from here. According to data from Coinglass, there are a lot of traders who would lose money if the DOGE price were to fall 10% from its current level.

尽管加密货币领域的其他资产遭受打击，狗狗币在周末仍然相当强劲。这使得模因币在这段时间有利于多头交易者。然而，多头并没有完全脱离困境，价格从这里下跌将损害数千万美元。狗狗币价格跌至 0.15 美元将抹去 6600 万美元狗狗币价格仍稳定在 0.17 美元以上，但如果价格下跌并从此处回落，多头交易者将面临威胁。根据 Coinglass 的数据，如果 DOGE 价格从当前水平下跌 10%，很多交易者都会亏损。

The liquidation heat map on the website shows that right above the $0.153 level, there is a lot of leveraged longs. A total of 2.43 million DOGE in leveraged longs have their liquidation price at this point, and a drop below this price mark would lead to massive liquidations. In total, there are $66.89 million worth of longs at this level, and a 10% drop would trigger this liquidation trend.

相关阅读：投资天才 Cathie Wood 表示比特币将升至 150 万美元——原因如下网站上的清算热图显示，在 0.153 美元的水平上方，有大量杠杆多头。此时杠杆多头总共有243万个DOGE已达到强平价格，跌破该价格将导致大规模强平。该水平上总共有价值 6689 万美元的多头，下跌 10% 就会引发这种清算趋势。

Source: Coinglass

来源：Coinglass

On the other end of the spectrum, there are a large number of leveraged shorts that will be liquidated if the price were to rise another 10% from here. Coinglass data shows that the liquidation volumes, if Dogecoin moves above $0.1908, would cross more than $55 million.

另一方面，如果价格再上涨 10%，大量杠杆空头将被清算。 Coinglass 数据显示，如果狗狗币升至 0.1908 美元以上，清算量将超过 5500 万美元。

In the shorter term, short traders stand to suffer $20 million in liquidations if the DOGE price reaches $0.18. Whole long traders risk a similar amount if the price of the meme coin breaks down below $0.17.

从短期来看，如果 DOGE 价格达到 0.18 美元，空头交易者将面临 2000 万美元的清算损失。如果 Meme 币的价格跌破 0.17 美元，整笔多头交易者将面临类似的风险。

Can DOGE Price Reclaim $0.2?

The Dogecoin price continues to get a lot of support, and one of the most recent instances of this is the price surging when the social media platform X (formerly Twitter) announced that it had gotten a number of licenses for its money transmitter business.

DOGE 价格能否重回 0.2 美元？狗狗币价格继续获得大量支持，最近的例子之一就是当社交媒体平台 X（前身为 Twitter）宣布获得多项许可后，狗狗币价格飙升。其汇款业务。

Crypto analysts have also shown bullishness toward the meme coin, expecting the Dogecoin price to continue to rise. One such case is from crypto analyst DonAlt who believes that the DOGE price could reach a new all-time high with a target at $1.

相关阅读：萨姆·班克曼-弗里德准备好入狱了吗？美国政府批准出售资产加密货币分析师也对这种模因币表现出看涨态度，预计狗狗币价格将继续上涨。其中一个案例来自加密货币分析师 DonAlt，他认为 DOGE 价格可能会创下历史新高，目标为 1 美元。

DonAlt explains that the meme coin has being trading quite well alongside Bitcoin, so the possibility that it rallies towards $1 is high. The crypto analyst believes that DOGE is a great investment and it would be a great buy if it does dip to $1 again.

DonAlt 解释说，这款 Meme 币与比特币的交易情况相当不错，因此它反弹至 1 美元的可能性很高。这位加密货币分析师认为，DOGE 是一项很好的投资，如果它再次跌至 1 美元，那将是一次很好的买入。

DOGE price rises to $0.17 | Source: DOGEUSD on Tradingview.com

DOGE 价格上涨至 0.17 美元 |资料来源：Tradingview.com 上的 DOGEUSD 精选图片来自 Yahoo Finanza，图表来自 Tradingview.com