(24-hour Dogecoin price trend)

（24小时狗狗币价格走势）

Dogecoin Price Update: July 18, 2024, 10:00 AM

狗狗币价格更新：2024 年 7 月 18 日上午 10:00

As of July 18, 2024, 10:00 AM, the price of Dogecoin (DOGE) stands at $0.1233607681517, with a 24-hour trading volume of $706,950,042.73335. Over the past 24 hours, DOGE has witnessed a price decrease of -2.19475922%.

截至2024年7月18日上午10:00，狗狗币（DOGE）价格为0.1233607681517美元，24小时交易量为706,950,042.73335美元。过去24小时，DOGE价格下跌-2.19475922%。

Key Metrics:

关键指标：

• Bitcoin's circulating supply: 145,159,706,383.71
• Dogecoin's maximum supply: N/A
• Dogecoin's total supply: 145,159,706,383.71
• Dogecoin's circulating market cap: $17,907,012,884.169

Market Sentiment:

比特币的流通供应量：145,159,706,383.71狗狗币的最大供应量：N/A狗狗币的总供应量：145,159,706,383.71狗狗币的流通市值：17,907,012,884.169美元市场情绪：

The recent price decline in DOGE is mainly attributed to profit-taking activities by early investors and a general correction in the cryptocurrency market. However, Dogecoin's strong community support and potential use cases as a payment method and tipping currency continue to drive its long-term prospects.

近期DOGE价格下跌主要归因于早期投资者的获利了结以及加密货币市场的普遍回调。然而，狗狗币强大的社区支持以及作为支付方式和小费货币的潜在用例继续推动其长期前景。

Analysis:

分析：

Technical analysis of DOGE's price chart shows that the asset has been trading within a descending channel pattern recently. If the bearish momentum persists, DOGE may continue to consolidate or decline further. However, a breakout above the resistance level could lead to a recovery and potential upward trajectory.

DOGE 价格图表的技术分析显示，该资产最近一直在下降通道模式内交易。如果看跌势头持续下去，DOGE可能会继续盘整或进一步下跌。然而，突破阻力位可能会导致复苏和潜在的上升轨迹。

Conclusion:

结论：

The current price of Dogecoin remains within a volatile range, and short-term fluctuations are to be expected. While the recent price drop may present a buying opportunity for investors willing to tolerate risk, it is essential to conduct thorough research and exercise caution before making any investment decisions.

目前狗狗币价格仍处于波动区间，短期波动可期。虽然最近的价格下跌可能为愿意承受风险的投资者提供了买入机会，但在做出任何投资决定之前进行彻底的研究并谨慎行事至关重要。