You can also read this news on COINTURK NEWS: Dogecoin Price Surge Attracts Whale Investors
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Dogecoin (DOGE) saw its price surge above $0.20 in the early hours of March 5th, reaching this level for the first time in years. During this period, DOGE‘s weekly gain rate rose to 150%. Onchain data reveals that DOGE whales are still purchasing millions of dollars worth of DOGE even as prices hit a 3-year peak. Could these activities by DOGE whales push the price to the $0.30 level?
狗狗币 (DOGE) 的价格在 3 月 5 日凌晨飙升至 0.20 美元以上,多年来首次达到这一水平。在此期间,DOGE的周涨幅升至150%。链上数据显示,即使 DOGE 价格达到三年来的最高点,DOGE 鲸鱼仍在购买价值数百万美元的 DOGE。 DOGE 鲸鱼的这些活动是否会将价格推至 0.30 美元的水平?
Dogecoin Price Increase
狗狗币价格上涨
The meme coin market continued to reflect gains this week, following last week’s surge led by newcomers like PEPE and BONK, which brought triple-digit gains. Following this rise, meme coins with massive market volumes like Shiba Inu (SHIB) and Dogecoin (DOGE) also joined the rally.
继上周 PEPE 和 BONK 等新晋加密货币带来三位数涨幅后,本周 Meme 加密货币市场继续体现上涨势头。随着这一上涨,像柴犬(SHIB)和狗狗币(DOGE)这样具有巨大市场容量的模因币也加入了涨势。
While all this was happening, DOGE’s price also seems to have experienced triple-digit gains. Looking at the graph above, between February 29 and March 5, DOGE showed a 140% increase as its price rose above $0.20.
在这一切发生的同时,DOGE 的价格似乎也经历了三位数的上涨。从上图可以看出,2 月 29 日至 3 月 5 日期间,DOGE 的价格上涨了 140%,价格升至 0.20 美元以上。
Whales Make a $250 Million Move
鲸鱼斥资 2.5 亿美元搬家
The recent price rally in Dogecoin culminated with the price reaching a 3-year high. Interestingly, onchain data reveals a notable whale investor continues to buy DOGE instead of taking profits at current prices.
狗狗币最近的价格上涨达到了顶峰,价格达到了三年来的新高。有趣的是,链上数据显示,一位著名的鲸鱼投资者继续购买 DOGE,而不是按当前价格获利了结。
The Santiment graph above indicates real-time changes in DOGE holdings controlled by whales with at least 1 million DOGE (approximately $200,000).
上面的 Santiment 图表显示了至少 100 万 DOGE(约 20 万美元)的鲸鱼所控制的 DOGE 持有量的实时变化。
The red line shows that whale wallets had a cumulative balance of 53.41 billion DOGE as of February 29. However, by March, this number had reached 54.75 billion DOGE.
红线显示,截至 2 月 29 日,鲸鱼钱包累计余额为 534.1 亿 DOGE。然而,到了 3 月份,这一数字已达到 547.5 亿 DOGE。
Interpreting this situation, it could be said that whales bought approximately 1.34 billion DOGE worth about $250 million last week.
解读这种情况,可以说鲸鱼上周购买了约 13.4 亿个 DOGE,价值约 2.5 亿美元。
The fact that whales continue to buy DOGE even as it reaches a 3-year peak shows that the buying power is still firmly in the hands of bullish investors.
即使 DOGE 达到 3 年高点,鲸鱼仍继续购买 DOGE,这一事实表明购买力仍然牢牢掌握在看涨投资者手中。
Dogecoin and the $0.30 Level
狗狗币和 0.30 美元水平
On-chain data analysis suggests that the buying frenzy by Dogecoin whales amid a 140% price surge could potentially drive DOGE towards $0.30 in the coming weeks.
链上数据分析表明,在价格飙升 140% 的情况下,狗狗币鲸鱼的购买狂潮可能会在未来几周内推动 DOGE 涨至 0.30 美元。
As of the time of writing, Dogecoin is currently finding buyers just above the Upper Bollinger Band indicator, at the $0.18 level. A move above the psychological support level of $0.25 could remove barriers for a further 50% increase in DOGE price.
截至撰写本文时,狗狗币目前正在布林带上轨指标 0.18 美元上方找到买家。突破 0.25 美元的心理支撑位可能会消除 DOGE 价格进一步上涨 50% 的障碍。
The post first appeared on COINTURK NEWS: Dogecoin Price Surge Attracts Whale Investors
该帖子首次出现在 COINTURK 新闻上:狗狗币价格飙升吸引了鲸鱼投资者