• DOGE’s price increased by over 30% in the last 24 hours.

DOGE的价格在过去24小时内上涨了30%以上。

• It exchanged hands at a two-year high at press time.

截至发稿时，其换手价为两年高点。

The value of leading meme coin Dogecoin [DOGE] rose 33% in the past 24 hours to trade at a two-year high at press time.  According to data from CoinMarketCap, the coin exchanged hands at $0.12 as of this writing. The last time DOGE traded at this was on 11th February, 2022.

截至发稿时，主流模因币狗狗币 [DOGE] 的价值在过去 24 小时内上涨了 33%，达到两年高点。根据 CoinMarketCap 的数据，截至撰写本文时，该代币的交易价格为 0.12 美元。 DOGE 上次在此交易是在 2022 年 2 月 11 日。

This double-digit uptick in DOGE’s value highlighted the historical correlation between the coin and leading crypto Bitcoin [BTC], whose value also surged to a three-year high on 28th February.

DOGE 价值的两位数上涨凸显了该货币与领先的加密货币比特币 [BTC] 之间的历史相关性，其价值也在 2 月 28 日飙升至三年高点。

Per IntoTheBlock data, the coin rallied above the $63,000 price mark to put 99% of addresses holding it in profit. 

根据 IntoTheBlock 数据，该代币价格上涨至 63,000 美元以上，使 99% 的持有该代币的地址获利。

Dodge the losses while you still can

趁还能避免损失的时候

AMBCrypto’s readings of DOGE’s performance on a daily price chart revealed that the recent rally might be short lived.

AMBCrypto 在每日价格图表上对 DOGE 表现的解读表明，近期的反弹可能是短暂的。

Suggesting that the meme coin was significantly overbought at press time, its Relative Strength Index (RSI) and Money Flow Index (MFI) were spotted at 88.04 and 87.79, respectively.

其相对强度指数 (RSI) 和资金流量指数 (MFI) 分别为 88.04 和 87.79，表明截至发稿时该币已严重超买。

At these momentum highs, buyers’ exhaustion is common, resulting in a price correction.

在这些动量高位时，买家通常会感到疲惫，从而导致价格调整。

While it signaled the presence of strong bullish sentiment in the market, the sharp rise observed in DOGE’s RSI and MFI suggested the possibility of significant price swings.

虽然这表明市场存在强烈的看涨情绪，但 DOGE 的 RSI 和 MFI 大幅上升表明价格可能出现大幅波动。

This was confirmed by the wide gap that existed between the upper and lower bands of the coin’s Bollinger Bands (BB) indicator at the time of writing.

在撰写本文时，代币布林带（BB）指标的上下带之间存在的巨大差距证实了这一点。

When these bands widen in this manner, it suggests heightened volatility in the market and a potential price correction in the short term.

当这些区间以这种方式扩大时，表明市场波动加剧，短期内可能出现价格调整。

DOGE’s Average True Range (ATR) – which measures market volatility by calculating the average range between high and low prices over a specified number of periods – confirmed the likelihood of fluctuations in the meme coin’s price in the short term.

DOGE 的平均真实波动范围（ATR）——通过计算特定时期内高价和低价之间的平均范围来衡量市场波动性——证实了 meme 币价格在短期内波动的可能性。

At 0.07 at press time, DOGE’s ATR rose by 70% in the past two days.  When ATR surges in this manner, price swings are becoming more significant.

截至发稿时，DOGE的ATR为0.07，这两天上涨了70%。当 ATR 以这种方式飙升时，价格波动就会变得更加显着。

Source: TradingView

来源：TradingView

Backed by no real demand

没有实际需求支持

A look into DOGE’s network activity revealed a decline in new demand for the meme coin in the last week. According to data from IntoTheBlock, the daily count of new addresses created to trade the coin plummeted 13% in the last week.

对 DOGE 网络活动的调查显示，上周对模因币的新需求有所下降。根据 IntoTheBlock 的数据，上周为交易代币而创建的每日新地址数量骤降 13%。

Is your portfolio green? Check out the DOGE Profit Calculator

您的投资组合是绿色的吗？查看 DOGE 利润计算器

Similarly, the daily active address count dropped by 12% during the same period. 

同样，同期每日活跃地址数量下降了 12%。

The period under review also saw a growth in DOGE’s Zero Balance Addresses. These are addresses that have transferred out all their coins. In the last seven days, this increased by 20%. 

在审查期间，DOGE 的零余额地址也有所增长。这些是已转出所有代币的地址。在过去 7 天里，这一数字增加了 20%。