Dogecoin and Shiba Inu Stagnant Amidst Market Decline

狗狗币和柴犬在市场下跌中停滞不前

Dogecoin (DOGE) and Shiba Inu (SHIB), the leading meme coins, have remained subdued despite recent market rebounds. These tokens have experienced sideways trading patterns, unlike other altcoins that have shown signs of recovery.

尽管最近市场反弹，但主导的模因币狗狗币（DOGE）和柴犬币（SHIB）仍然低迷。与其他已显示复苏迹象的山寨币不同，这些代币经历了横盘交易模式。

Factors Contributing to Stagnation

导致停滞的因素

Correlation with Bitcoin:
Data from IntoTheBlock indicates a strong positive correlation between DOGE and SHIB prices with Bitcoin. This correlation has led to their mirrored movements, including the recent downtrend.

与比特币的相关性：来自 IntoTheBlock 的数据表明 DOGE 和 SHIB 价格与比特币之间存在很强的正相关性。这种相关性导致了它们的镜像走势，包括最近的下跌趋势。

On-chain Metrics:
On-chain metrics for both tokens also paint a bearish picture. Dogecoin's net network growth has declined, suggesting a lack of new ecosystem users. Large transactions for DOGE have also been low, indicating waning investor confidence.

链上指标：这两种代币的链上指标也描绘出悲观的景象。狗狗币的净网络增长有所下降，表明缺乏新的生态系统用户。 DOGE 的大宗交易量也很低，表明投资者信心减弱。

Shiba Inu Metrics:
Similar on-chain metrics for Shiba Inu reveal a bearish "Concentration" metric, indicating that whales and investors are selling their holdings rather than accumulating.

柴犬指标：柴犬的类似链上指标揭示了看跌的“集中度”指标，表明鲸鱼和投资者正在出售其持有的资产而不是积累。

Market Ranking Decline:
The prolonged weakness has resulted in DOGE and SHIB dropping in the crypto rankings by market capitalization. DOGE has fallen from eighth to ninth position, while SHIB has moved from eleventh to thirteenth.

市场排名下降：长期疲软导致 DOGE 和 SHIB 在加密货币市值排名中下降。 DOGE从第八位跌至第九位，而SHIB则从第十一位升至第十三位。

Long-Term Outlook

长期展望

Despite their current struggles, Dogecoin and Shiba Inu are still anticipated to experience significant price increases in the long run.

尽管狗狗币和柴犬目前处境艰难，但从长远来看，预计价格仍将大幅上涨。

Dogecoin:
Crypto analyst Crypto Kaleo predicts that DOGE could reach $2 during this bull run, citing the historical supercycle of meme coins.

Dogecoin：加密货币分析师 Crypto Kaleo 援引模因币的历史超级周期预测，DOGE 在这次牛市中可能会达到 2 美元。

Shiba Inu:
Captain Toblerone suggests that SHIB could shed another zero and reach $0.00045000. Additionally, Santiment has identified Shiba Inu as an undervalued large-cap asset with potential for a price recovery.

Shiba Inu：Toblerone 船长建议 SHIB 可以再减零并达到 0.00045000 美元。此外，Santiment 已将柴犬视为一种被低估的大盘资产，具有价格回升的潜力。