Dogecoin (DOGE) experienced an 18% price drop this week, prompting some investors to "buy the dip," acquiring the coin at a reduced price.
Dogecoin(Doge)本周的价格下跌了18%,促使一些投资者“购买蘸酱”,以降低的价格购买了硬币。
Dogecoin price action over the last seven days (Source: CoinMarketCap)
在过去的七天中,Dogecoin的价格动作(来源:CoinMarketCap)
CoinMarketCap data indicates DOGE is currently trading at $0.19, following a decline to Wednesday's low. Dogecoin and Solana were among the top 20 cryptocurrencies by market capitalization to suffer significant losses last week.
CoinMarketCap数据表明,Doge目前的交易价格为0.19美元,此前下降到周三的低点。 在市值上周,Dogecoin和Solana是上周遭受巨大损失的前20名加密货币之一。
A recent transaction involving 11 million DOGE tokens
最近的交易涉及1100万个门槛令牌
A wallet recently purchased over 11 million DOGE tokens, representing a value exceeding $2 million. This suggests continued bullish sentiment among investors capitalizing on the price decrease following the meme coin's dip after Trump's return.
一个钱包最近购买了超过1100万个门把交令,代表超过200万美元的价值。这表明,在特朗普返回后,在模因硬币下降后,投资者中持续的看涨情绪。
Dogecoin's price surged on the U.S. election day and continued its rally after President Trump's victory. Open interest for Dogecoin, representing the total value of active trades speculating on its future price, has significantly decreased to $1.91 billion according to CoinGlass. This is down from a January peak of $5.25 billion.
Dogecoin的价格在美国大选日飙升,并在特朗普总统获胜后继续集会。 根据Coinglass的数据,Dogecoin的开放利息代表了推测其未来价格的积极交易的总价值,已大大降至191亿美元。这比一月份的高峰52.5亿美元下降。
Current Dogecoin Open Interest: $1.91 Billion
当前的Dogecoin开放兴趣:19.1亿美元
Originating as an internet joke in 2013, Dogecoin has evolved into a significant player in the cryptocurrency meme coin ecosystem.
Dogecoin起源于2013年的互联网笑话,已演变为加密货币硬币生态系统中的重要参与者。
Buy the Dip: Investors Bet on Dogecoin (DOGE)
购买蘸酱:投资者下注Dogecoin(Doge)
Despite a price decline from its peak—a period fueled by endorsements from Elon Musk—Dogecoin maintains a substantial following. Musk's tweets significantly boosted its market capitalization, leading some to consider it a "serious" cryptocurrency. Although its price has since retreated, trading volume remains robust, with over $2.2 billion worth of DOGE traded in the last 24 hours (CoinMarketCap data).
尽管价格从高峰起下降(这是由埃隆·马斯克(Elon Musk)的认可所推动的一段时期,但dogecoin仍保持着重要的追随者。 马斯克的推文大大提高了其市值,导致一些人认为它是一种“严重”的加密货币。 尽管其价格自此后撤退,但交易量仍然很强大,在过去的24小时内交易价值超过22亿美元(CoinMarketCap数据)。
A wallet previously purchasing $2 million worth of DOGE continued accumulating, adding another 1.8 million tokens on Thursday. Another user also increased their holdings by 1.056 million DOGE.
一块钱包以前购买了价值200万美元的总督,继续积累,在周四增加了180万个令牌。 另一位用户还将其持股量增加了105600万门。
The Trump Administration's Influence on Dogecoin's Price
特朗普政府对狗狗价格的影响
Dogecoin's prominence resurfaced last year after Musk's campaign trail claim that Trump would allow him to establish a government department named "DOGE" (Department of Government Efficiency). It's noteworthy that Musk, now holding a prominent position in the Trump administration, has expressed support for DOGE. However, he clarified in October that his Dogecoin jokes stem from his enjoyment of cryptocurrency.
在马斯克(Musk)的竞选曲目声称特朗普将允许他建立一个名为“ Doge”(政府效率部)的政府部门的竞选活动之后,Dogecoin的突出声音重新浮出水面。 值得注意的是,现在在特朗普政府中担任重要职务的马斯克表示对Doge表示支持。 但是,他在十月份澄清说,他的狗狗笑话源于他对加密货币的享受。
Conclusion
结论
With Dogecoin's price near lower support levels, dip-buying investors are accumulating at discounted prices. However, a substantial bullish price movement might require significant positive news. Currently, the DOGE/USDT pair is trading at $0.19.
随着Dogecoin的价格接近较低的支持水平,销售投资者以折扣价积累。 但是,大量的看涨价格运动可能需要重大的积极消息。 目前,Doge/USDT对的交易价格为0.19美元。