Cryptocurrency Market Plunges, Led by Dogecoin and Shiba Inu

在狗狗币和柴犬的带领下，加密货币市场暴跌

On Wednesday, the cryptocurrency market experienced a severe decline, with Dogecoin (DOGE) and Shiba Inu (SHIB) suffering the most significant losses.

周三，加密货币市场经历了严重下跌，其中狗狗币（DOGE）和柴犬（SHIB）损失最为严重。

Dogecoin and Shiba Inu Crash

狗狗币和柴犬崩溃

Dogecoin plummeted by 12%, while Shiba Inu crashed by 18% in just 24 hours. This led to massive liquidations, with Dogecoin seeing $115.80 million worth of positions eliminated and Shiba Inu facing $19.08 million in liquidations.

狗狗币在短短 24 小时内暴跌 12%，而柴犬暴跌 18%。这导致了大规模的清算，狗狗币被平仓，价值 1.158 亿美元，柴犬面临 1908 万美元的清算。

Market Downturn

市场低迷

The market downturn occurred over just six hours and particularly impacted leveraged traders. According to Coinglass, over $902 million in liquidations occurred during this period, affecting 284,782 traders.

市场低迷发生在短短六个小时内，对杠杆交易者的影响尤其严重。根据 Coinglass 的数据，在此期间发生了超过 9.02 亿美元的清算，影响了 284,782 名交易者。

Dogecoin Performance

狗狗币表现

Dogecoin's price currently stands at $0.3671, down 12% in the past 24 hours. With a market capitalization of $53.88 billion and a circulating supply of 146.77 billion DOGE coins, the cryptocurrency is experiencing significant volatility.

狗狗币的价格目前为 0.3671 美元，在过去 24 小时内下跌了 12%。该加密货币的市值为 538.8 亿美元，流通量为 1467.7 亿枚 DOGE 币，正在经历剧烈波动。

Shiba Inu Performance

柴犬表演

Shiba Inu has seen a more significant decline of 18.43%, with its price now at $0.000024. Despite the drop, it boasts a market capitalization of $14.2 billion and has a circulating supply of 589.26 trillion SHIB coins.

Shiba Inu 的跌幅更为显着，达 18.43%，目前价格为 0.000024 美元。尽管有所下降，但其市值仍达到 142 亿美元，SHIB 代币的流通量为 589.26 万亿枚。

Leveraged Trading Risks

杠杆交易风险

The rapid decline highlighted the risks of leveraging in volatile markets, particularly for retail traders. The heavy losses incurred by leveraged traders emphasize the importance of managing risk in cryptocurrency trading.

快速下跌凸显了波动市场中的杠杆风险，特别是对于零售交易者而言。杠杆交易者遭受的巨额损失凸显了加密货币交易中风险管理的重要性。