• DOGE has failed to rally amid the recent surge in BONK’s price.

在近期 BONK 价格飙升的情况下，DOGE 未能反弹。

• Despite the decline, many Dogecoin holders remain in profit.

尽管价格下跌，但许多狗狗币持有者仍然盈利。

Leading meme coin Dogecoin [DOGE] has seen a decline in its value, while the value of Solana-based dog-themed coin BONK has risen by over 100% in the past few days.

领先的模因币狗狗币 [DOGE] 的价值有所下降，而基于 Solana 的狗主题币 BONK 的价值在过去几天里上涨了 100% 以上。

At press time, DOGE exchanged hands at $0.09395, logging a 3% price decline in the last 24 hours. The coin’s price has dropped by almost 10% in the last week.

截至发稿，DOGE 交易价格为 0.09395 美元，过去 24 小时内价格下跌 3%。上周该代币的价格下跌了近 10%。

On the other hand, BONK’s price has risen by over 70% in the last seven days. In fact, among the top five leading meme coins, it is the only asset that has witnessed a price rally in the last week, according to data from CoinMarketCap.

另一方面，BONK的价格在过去7天内上涨了70%以上。事实上，根据 CoinMarketCap 的数据，在排名前五的 meme 代币中，它是上周唯一出现价格上涨的资产。

Source: CoinMarketCap

资料来源：CoinMarketCap

BONK’s recent rally has been propelled by its listing on crypto exchanges such as KuCoin, Coinbase, and Binance. 

BONK 最近的上涨得益于其在 KuCoin、Coinbase 和 Binance 等加密货币交易所上市的推动。

DOGE has failed to bark in the past few days

DOGE这几天没叫了

AMBCrypto assessed the coin’s price movements on a daily chart and found that it initiated a new bear cycle on 12th December. This was when its MACD intersected its trend line in a downtrend.

AMBCrypto 在日线图上评估了代币的价格走势，发现它于 12 月 12 日启动了新的熊市周期。此时 MACD 与下降趋势中的趋势线相交。

When an asset’s MACD line crosses below its trend line, many traders view it as a signal to consider selling or taking a more cautious approach.

当资产的 MACD 线穿过趋势线时，许多交易者将其视为考虑出售或采取更谨慎态度的信号。

This is because the movement signals a potential shift in momentum, which often results in a downward movement in the asset’s price.

这是因为这一走势预示着动量的潜在转变，这通常会导致资产价格下跌。

Since the MACD crossover occurred, DOGE’s value has plummeted by 3%.

自MACD交叉发生以来，DOGE的价值已暴跌3%。

Also, its Chaikin Money Flow (CMF) has since trended downward. Although it remained above the zero line at press time, a steady decline in an asset’s CMF signals the gradual exit of liquidity from the market.

此外，其柴金资金流量（CMF）此后呈下降趋势。尽管截至发稿时仍处于零线上方，但资产 CMF 的稳步下降标志着流动性逐渐退出市场。

When market liquidity craters, an asset’s value decline often follows.

当市场流动性大幅下降时，资产价值往往随之下降。

Source: DOGE/USDT on TradingView

来源：TradingView 上的 DOGE/USDT

Most DOGE holders remain in profit

大多数 DOGE 持有者仍处于盈利状态

Interestingly, despite the recent decline in DOGE’s value and the low demand for the meme coin, many of its holders continue to hold at a profit, as readings from its Market Value to Realized Value (MVRV) ratio show.

有趣的是，尽管最近 DOGE 的价值下跌，而且对 meme 代币的需求也很低，但正如其市场价值与已实现价值 (MVRV) 比率的读数所示，许多持有者仍继续获利。

Is your portfolio green? Check the DOGE Profit Calculator

您的投资组合是绿色的吗？检查 DOGE 利润计算器

At press time, DOGE’s MVRV ratio was 8.29%. This meant that if all investors sold their holdings at the coin’s current market value of $0.0939, they would be guaranteed at least an 8% profit.

截至发稿，DOGE 的 MVRV 比率为 8.29%。这意味着，如果所有投资者以代币当前市场价值 0.0939 美元的价格出售其持有的股票，他们将保证至少获得 8% 的利润。

Data from Santiment showed that 78% of the coin’s total supply remains in profit. 

Santiment 的数据显示，代币总供应量的 78% 仍处于盈利状态。

Source: Santiment

资料来源：Santiment