On-Chain Analytics Reveals Causes of Recent Dogecoin and Apecoin Corrections

链上分析揭示了最近狗狗币和猿币修正的原因

Santiment, a leading on-chain analytics platform, has identified key factors contributing to recent price declines in Dogecoin (DOGE) and Apecoin (APE). These corrections coincide with significant shifts in social media sentiment indicators, particularly a surge in Fear Of Missing Out (FOMO).

领先的链上分析平台 Santiment 已经确定了导致狗狗币 (DOGE) 和 Apecoin (APE) 最近价格下跌的关键因素。这些修正与社交媒体情绪指标的重大变化同时发生，尤其是“害怕错过”（FOMO）的激增。

Santiment's analysis indicates that DOGE and other memecoins have experienced an increase in the Positive Sentiment vs. Negative Sentiment Ratio. This metric measures the overall tone of major social media platforms, indicating whether sentiment is predominantly positive or negative towards specific assets.

Santiment 的分析表明，DOGE 和其他 memecoin 的正面情绪与负面情绪比率有所增加。该指标衡量主要社交媒体平台的整体基调，表明对特定资产的情绪主要是积极还是消极。

A machine-learning model developed by Santiment distinguishes between negative and positive sentiments in online comments. When the ratio exceeds zero, it signifies a dominance of positive sentiment. Conversely, a value below zero suggests a prevailing negative outlook.

Santiment 开发的机器学习模型可以区分在线评论中的负面情绪和正面情绪。当该比率超过零时，表明积极情绪占主导地位。相反，低于零的值表明普遍存在负面前景。

Santiment has released a chart tracking this sentiment ratio for DOGE, APE, and other memecoins over recent months. Notable spikes in positive sentiment for DOGE and APE were observed, corresponding with local peaks in their prices.

Santiment 发布了一张图表，跟踪近几个月 DOGE、APE 和其他 memecoin 的情绪比率。人们观察到 DOGE 和 APE 的积极情绪显着上升，与其价格的局部峰值相对应。

While positive sentiment often reflects market confidence, excessive optimism can lead to unrealistic hype. Historically, such exuberance has preceded price peaks in cryptocurrencies. According to Santiment, market prices often move contrary to popular expectations, with extreme sentiments indicating predictable market behavior.

虽然积极的情绪往往反映了市场信心，但过度乐观可能会导致不切实际的炒作。从历史上看，这种繁荣发生在加密货币价格达到顶峰之前。 Santiment 认为，市场价格的变动往往与大众的预期相反，极端情绪表明市场行为是可预测的。

The recent surge in positive sentiment likely fueled FOMO among investors, contributing to the corrections witnessed in DOGE and its peers. Monitoring the Positive Sentiment vs. Negative Sentiment Ratio in the coming days could provide insights into potential price movements, as a decrease might signal a revival in bullish activity.

最近积极情绪的激增可能加剧了投资者的 FOMO 情绪，导致 DOGE 及其同行出现调整。监测未来几天的积极情绪与消极情绪比率可以提供对潜在价格走势的洞察，因为下降可能预示着看涨活动的复苏。

Currently, Dogecoin's price is hovering around $0.136, down from a recent high of $0.150, which aligns with the observed sentiment dynamics.

目前，狗狗币的价格徘徊在 0.136 美元左右，低于近期高点 0.150 美元，这与观察到的情绪动态相符。