With the bullish momentum in the larger part of the cryptocurrency sector starting to slow down, Dogecoin (DOGE) is following the general sentiment, but the past several weeks have recorded massive transaction activity for the world-famous dog-themed crypto asset and its network.

随着加密货币领域大部分的看涨势头开始放缓，狗狗币（DOGE）正在跟随总体情绪，但过去几周记录了世界著名的以狗为主题的加密资产及其网络的大量交易活动。

Specifically, since January 30 and throughout the month of February, the DOGE blockchain has been recording more than 1 million transactions per day, according to the data shared by the decentralized finance (DeFi) market intelligence platform IntoTheBlock in an X post on February 19.

具体来说，根据去中心化金融（DeFi）市场情报平台 IntoTheBlock 2 月 19 日在 X 帖子中分享的数据，自 1 月 30 日起，整个 2 月，DOGE 区块链每天记录的交易量超过 100 万笔。

Indeed, as the chart demonstrates, transactions in the DOGE ecosystem witnessed a significant uptick that started on January 28 and picked up the pace on January 30, nearing 2 million daily transactions until mid-February, when it dropped below 1.5 million and then recovered again towards February 19.

事实上，如图所示，DOGE 生态系统的交易量从 1 月 28 日开始大幅上升，并于 1 月 30 日加快步伐，每日交易量接近 200 万笔，直到 2 月中旬降至 150 万笔以下，然后再次恢复到2月19日。

Dogecoin price analysis

狗狗币价格分析

Meanwhile, the currently 10th-largest asset in the crypto sector by market capitalization was at press time changing hands at the price of $0.086, which suggests a 0.27% decline in the last 24 hours but nonetheless is a 4.06% gain across the previous seven days and a 1.14% advance over the month.

与此同时，截至发稿时，目前加密货币行业市值第十大的资产以 0.086 美元的价格易手，这表明过去 24 小时内下跌了 0.27%，但在过去 7 天内仍上涨了 4.06%本月上涨 1.14%。

All things considered, a massive uptick in 24-hour transaction volume is often a bullish sign for the involved crypto asset – in this case, Dogecoin – as it indicates intensified use of its network and growing adoption, possibly resulting in increased investor interest, which could send it above $0.15.

考虑到所有因素，24 小时交易量的大幅上升通常对所涉及的加密资产（在本例中为狗狗币）来说是一个看涨信号，因为它表明其网络的使用强度和采用率不断提高，可能会导致投资者兴趣增加，这可以发送超过 0.15 美元。

On top of that, DOGE is currently holding above the three key bull market indicators backed by the 20-day exponential moving average (EMA), the 50-day EMA, and the 200-day EMA, as well as the moving average convergence divergence (MACD) indicator, all suggesting a ‘buy’ for DOGE.

除此之外，DOGE目前保持在20日指数移动平均线（EMA）、50日EMA和200日EMA以及移动平均线收敛背离支持的三个关键牛市指标之上（MACD）指标，均表明“买入”DOGE。

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

免责声明：本网站的内容不应被视为投资建议。投资是投机性的。投资时，您的资本面临风险。