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On March 28th, the price of Dogecoin increased by 13.35%, reaching $0.21, which is the highest level since January 2022. In doing so, the popular memecoin outperformed most of its top competitors, including Bitcoin and Ethereum, over a 24-hour performance period. Now, let’s examine the main factors driving up the price of Dogecoin today.
3 月 28 日,狗狗币的价格上涨 13.35%,达到 0.21 美元,这是自 2022 年 1 月以来的最高水平。在此过程中,流行的 memecoin 在 24 小时表现中超越了大多数顶级竞争对手,包括比特币和以太坊时期。现在,我们来看看今天推动狗狗币价格上涨的主要因素。
Why Is Dogecoin Rising?
狗狗币为何上涨?
The gains in Dogecoin are part of an overall upward trend that saw its price recover by 79.5% from the local low of $0.122 set on March 20th, with Elon Musk being one of the main factors behind the sharp increase. Specifically, DOGE began to rise after Musk obtained three more money transmitter licenses from the states of Illinois, New Mexico, and Oregon to operate a payment service on the X social media platform.
狗狗币的上涨是整体上涨趋势的一部分,其价格从 3 月 20 日创下的 0.122 美元的局部低点回升了 79.5%,埃隆·马斯克是大幅上涨背后的主要因素之一。具体来说,在马斯克从伊利诺伊州、新墨西哥州和俄勒冈州获得另外三个货币传输许可证以在 X 社交媒体平台上运营支付服务后,DOGE 开始上涨。
Last year, Musk applied for licenses in 32 states. According to NMLS Consumer Access, he has received 23 approvals so far. These approvals are considered bullish for the Dogecoin market amidst speculation that Musk will integrate DOGE into the X payment platform. Market analyst Mishaboar shared the following comments on the matter:
去年,马斯克在 32 个州申请了执照。据 NMLS Consumer Access 称,到目前为止,他已获得 23 项批准。由于外界猜测马斯克将把 DOGE 整合到 X 支付平台中,这些批准被认为对狗狗币市场有利。市场分析师 Mishaboar 对此事发表了以下评论:
“Last year Elon mentioned that the first phase of X Payments would not include crypto, and I’m not sure if that has changed now.”
“去年 Elon 提到 X Payments 的第一阶段不会包括加密货币,我不确定现在情况是否有所改变。”
However, Musk indicated that he could bring cryptocurrencies like DOGE to X Payments after partnering with some exchanges or brokerage platforms. Earlier this month, Musk stated he was open to accepting Dogecoin as a payment method for purchasing Tesla vehicles.
不过,马斯克表示,在与一些交易所或经纪平台合作后,他可以将 DOGE 等加密货币引入 X Payments。本月早些时候,马斯克表示,他愿意接受狗狗币作为购买特斯拉汽车的支付方式。
What’s Happening on the Dogecoin Front?
狗狗币方面发生了什么?
On March 28th, the open interest (OI) in Dogecoin perpetual futures contracts reached a record level of $1.77 billion, reminiscent of the fiery days of the 2021 rally. The funding rate for Dogecoin perpetual futures contracts also became a weekly 1.18%.
3 月 28 日,狗狗币永续期货合约的未平仓合约(OI)达到创纪录的 17.7 亿美元水平,让人想起 2021 年涨势的火热日子。狗狗币永续期货合约的资金费率也变为每周 1.18%。
Positive funding rates and rising OI indicate that investors are generally optimistic about the future price direction of the asset and expect prices to rise. This sentiment could lead to increased buying pressure and, if other market conditions align, could drive prices higher, which seems to be the case with Dogecoin’s movements today.
正的资金利率和不断上升的持仓量表明投资者普遍看好该资产未来的价格走向,并预期价格会上涨。这种情绪可能会导致购买压力增加,如果其他市场条件一致,可能会推高价格,狗狗币今天的走势似乎就是这种情况。
The post first appeared on COINTURK NEWS: Dogecoin’s Price Surge: What’s Driving the Rally?
该帖子首先出现在 COINTURK 新闻:狗狗币的价格飙升:是什么推动了反弹?