Dogecoin (DOGE) might be on the verge of soaring to new highs as the crypto market is gradually wriggling out of the losses accrued in the past week. At the time of writing, data from CoinMarketCap shows that Dogecoin is trading for $0.08097, down by 2.01% in the past 24 hours.

随着加密货币市场逐渐摆脱过去一周的损失，狗狗币（DOGE）可能即将飙升至新高。截至撰写本文时，CoinMarketCap 的数据显示，狗狗币的交易价格为 0.08097 美元，在过去 24 小时内下跌了 2.01%。

This price mark, though still in the bearish zone, is an improvement compared to the more than 4% loss printed earlier in the day. While the periphery data outlook shows gloom, crucial market data from IntoTheBlock (ITB) points out a fundamental shift that might spark a mega rally in the long term.

尽管该价格仍处于看跌区域，但与当天早些时候超过 4% 的跌幅相比，已经有所改善。尽管外围数据前景黯淡，但 IntoTheBlock (ITB) 的关键市场数据指出了根本性转变，从长远来看可能会引发大幅反弹。

The ITB data shows a shift in both whale addresses and active daily wallets on the network. Whales are making a splash on Dogecoin at the moment, with overall volume traded coming in at $1.07 billion, up by 17.38% in 24 hours. The daily active addresses have jumped by 0.6%, with a total of 57,180 recorded at the moment.

ITB 数据显示，网络上的鲸鱼地址和每日活跃钱包都发生了变化。目前，鲸鱼在狗狗币上引起了轰动，总交易量达到 10.7 亿美元，24 小时内增长了 17.38%。每日活跃地址增长了 0.6%，目前记录总数为 57,180 个。

Dogecoin has been an attractive force for retail buyers over time, however, the dramatic shift it is eyeing at the moment is most likely going to be driven by whales owing to their relative consistency in keeping the uptrend drive.

随着时间的推移，狗狗币一直对散户买家具有吸引力，然而，目前它所关注的巨大转变很可能是由鲸鱼推动的，因为它们在保持上涨趋势方面相对稳定。

Dogecoin to trail meme coin renaissance

狗狗币将追随模因硬币的复兴

Dogecoin as a standalone digital currency may not experience enough traction unless the collective meme coin hype is harnessed, its propensity to break new heights might be eroded. Dogecoin’s current price is more than 88.9% below its all-time high (ATH) of $0.7376.

狗狗币作为一种独立的数字货币可能不会受到足够的关注，除非集体模因硬币炒作得到利用，否则它突破新高度的倾向可能会受到削弱。狗狗币当前价格比历史高点 (ATH) 0.7376 美元低 88.9% 以上。

The fundamentals are ripe for a retest of this level, as it is also poised to benefit from the newly approved spot Bitcoin Exchange Traded Fund (ETF) products by the United States Securities and Exchange Commission (SEC).

重新测试这一水平的基本面已经成熟，因为它也有望受益于美国证券交易委员会 (SEC) 新批准的现货比特币交易所交易基金 (ETF) 产品。

With $0.01 acting as the ultimate barrier, a breach of this level in the long term might herald new possibilities in the months ahead.

由于 0.01 美元是最终障碍，长期突破这一水平可能预示着未来几个月新的可能性。