埃隆·马斯克关于 Doge 的推文引发了短暂的价格飙升

Elon Musk’s recent tweet influenced Dogecoin’s price volatility.

埃隆·马斯克最近的推文影响了狗狗币的价格波动。

The Memecoin market undergoes a bearish season with sluggish price movements.

Memecoin 市场正经历熊市，价格走势缓慢。

Elon Musk, the CEO of Tesla and owner of Twitter, has a playful habit of occasionally expressing his fondness for memecoins. On a recent Wednesday, he continued this trend by tweeting about the popular dog-themed cryptocurrency, Dogecoin (DOGE), which resulted in a sudden 4% price jump within just a few minutes.

特斯拉首席执行官兼推特所有者埃隆·马斯克有一个有趣的习惯，偶尔会表达他对模因币的喜爱。最近的周三，他继续这一趋势，在推特上发布了流行的以狗为主题的加密货币狗狗币（DOGE），导致价格在短短几分钟内突然上涨 4%。

Doges ftw pic.twitter.com/bl0trQ7BdU
— Elon Musk (@elonmusk) July 19, 2023
总督 ftw pic.twitter.com/bl0trQ7BdU — 埃隆·马斯克 (@elonmusk) 2023 年 7 月 19 日

However, the effect seemed short-lived, as the price ($0.072) quickly went back down to its previous level ($0.0697). This led some to wonder if the “Elon Effect” was weakening, especially compared to a previous incident in Q2 of 2023. It is when Elon musk DOGE tweet accepted it as payment and the conversion of the Twitter logo to the Dogecoin logo caused it to surge significantly.

然而，这种影响似乎是短暂的，因为价格（0.072 美元）很快回落到之前的水平（0.0697 美元）。这让一些人怀疑“埃隆效应”是否正在减弱，特别是与之前 2023 年第二季度的事件相比。当埃隆·马斯克 DOGE 推文接受它作为付款并且 Twitter 徽标转换为狗狗币徽标时，导致它大幅飙升。

Elon Musk DOGE tweet provided some relief from a bearish trend, but the DOGE price remains distant from the all-time high of the month. Whereas the trading volume of it stands at $420,620,838, representing a 43.78% increase.

埃隆·马斯克 (Elon Musk) 的 DOGE 推文在一定程度上缓解了看跌趋势，但 DOGE 价格距离本月历史高点仍相去甚远。而其交易量为420,620,838美元，增长43.78%。

Is it a Memecoin “Bearish” Season ?

这是 Memecoin “看跌”季节吗？

Currently, the memecoin market appears to be experiencing a bearish season. At the start of 2023, they were on a green zone trend. Moving forward, today, alongside the DogeCoin, its siblings like Pepe, Shiba Inu, and Floki struggled to initiate a bullish rally and break free from the bearish zone or flat price movement.

目前，模因币市场似乎正在经历一个熊市季节。 2023 年初，它们处于绿色区域趋势。展望未来，今天，与 DogeCoin 一起，它的兄弟币如 Pepe、Shiba Inu 和 Floki 都在努力发起看涨反弹并摆脱看跌区域或持平价格走势。

For instance, PEPE‘s value surged only by 4.73% in the past seven days, with the current price standing at $0.0000015 after a 1.17% decline today. Similarly, SHIB is priced at $0.000008, witnessing a substantial 92% decrease from its all-time high, with a 2.61% drop in trading volume. Meanwhile, FLOKI experienced a 2% decline over the week, with the current price at $0.000024, representing a 1.78% decrease in the past 24 hours and a trading volume decline of 11.81%.

例如，PEPE 的价值在过去 7 天仅上涨了 4.73%，在今天下跌 1.17% 后，当前价格为 0.0000015 美元。同样，SHIB 的价格为 0.000008 美元，较历史高点大幅下跌 92%，交易量下降 2.61%。与此同时，FLOKI本周下跌2%，当前价格为0.000024美元，过去24小时下跌1.78%，交易量下降11.81%。

Analyzing the factors behind the memecoin red forest, sources reveal that as the memecoin is crowding up with the entry of new coins and its copycat version pulls them out of the green zone.

分析memecoin红森林背后的因素，消息人士透露，随着memecoin不断涌入新币，其山寨版将其拉出绿区。

Summing up , the recent movements in the memecoin market suggest a bearish trend. However, the market remains unpredictable, and the influence of figures like Elon Musk on cryptocurrency prices continues to be a subject of debate among investors and enthusiasts alike.

综上所述，最近 memecoin 市场的走势表明看跌趋势。然而，市场仍然难以预测，埃隆·马斯克等人物对加密货币价格的影响仍然是投资者和爱好者争论的话题。