Dogecoin Surge on Whale Activity

鲸鱼活动导致狗狗币激增

Dogecoin (DOGE) has witnessed significant activity from its largest holders, known as whales, who appear to be utilizing the recent price dip as a buying opportunity.

狗狗币（DOGE）见证了其最大持有者（即鲸鱼）的大量活动，他们似乎利用最近的价格下跌作为买入机会。

Whale Accumulation Boosts DOGE

鲸鱼积累推动 DOGE

According to data from market intelligence platform IntoTheBlock, DOGE has seen over $1 billion worth of large transactions in the past few days. These large transactions, defined as trades involving at least $100,000 worth of Dogecoin, indicate increased activity among whales.

根据市场情报平台 IntoTheBlock 的数据，过去几天 DOGE 发生了价值超过 10 亿美元的大额交易。这些大型交易被定义为涉及价值至少 100,000 美元狗狗币的交易，表明鲸鱼之间的活动有所增加。

NewsBTC reported that the data suggests these large holders are either accumulating more DOGE or selling their tokens. Further analysis from IntoTheBlock shows that whales have indeed been accumulating more Dogecoin following the recent market downturn.

NewsBTC 报道称，数据表明这些大持有者要么正在积累更多 DOGE，要么正在出售其代币。 IntoTheBlock 的进一步分析表明，在最近的市场低迷之后，鲸鱼确实在积累更多的狗狗币。

The net flow to exchange metric, which tracks the movement of DOGE into and out of exchanges, has been negative over the past week. This suggests that whales are buying the dip rather than moving their holdings to exchanges to sell.

追踪 DOGE 进出交易所的流动性的交易所净流量在过去一周一直为负值。这表明鲸鱼正在逢低买入，而不是将其持有的资产转移到交易所出售。

Bullish Outlook for DOGE

看好 DOGE 的前景

This accumulation brings a bullish outlook for DOGE, highlighting the belief these investors have in the leading memecoin.

这种积累给 DOGE 带来了看涨的前景，凸显了这些投资者对领先的 memecoin 的信心。

The substantial accumulation by Dogecoin whales could trigger a price recovery, especially as the cryptocurrency had dipped to as low as $0.11 during the recent market downturn.

狗狗币鲸鱼的大量积累可能会引发价格复苏，尤其是在最近的市场低迷期间，加密货币已跌至 0.11 美元。

Complementing this accumulation, Dogecoin is primed for a rebound. The MVRV ratio, which compares DOGE's market cap to its realized cap, indicates that the memecoin is undervalued at its current price level.

作为对这种积累的补充，狗狗币已经做好了反弹的准备。 MVRV 比率将 DOGE 的市值与其已实现的市值进行比较，表明 memecoin 在当前价格水平上被低估。

Analyst Predictions and Market Trends

分析师预测和市场趋势

Crypto analyst Kriss Pax recently predicted a significant price surge for Dogecoin moving forward. Pax highlighted DOGE's RSI indicator, noting that it presents a bullish picture for the memecoin. He suggests this is a good time to buy Dogecoin, predicting that it is unlikely to drop below its current price level.

加密货币分析师 Kriss Pax 最近预测狗狗币的价格将大幅上涨。 Pax 强调了 DOGE 的 RSI 指标，指出它呈现了 memecoin 的看涨前景。他认为现在是购买狗狗币的好时机，并预测狗狗币不太可能跌破当前的价格水平。

Pax also pointed to the rising altcoin dominance, which could signal the start of an altcoin season where cryptocurrencies like Dogecoin are expected to experience significant rallies.

帕克斯还指出，山寨币的主导地位不断上升，这可能标志着山寨币季节的开始，预计狗狗币等加密货币将经历大幅反弹。

Another prominent crypto analyst, Crypto Kaleo, shared a bullish outlook for Dogecoin, predicting the memecoin could rise to $1 and $2 during this bull run.

另一位著名的加密货币分析师 Crypto Kaleo 分享了狗狗币的看涨前景，预测在这次牛市期间，模因币可能会上涨至 1 美元和 2 美元。

Kaleo noted that Dogecoin historically has traded sideways for most of its existence, but when it rallies, it tends to do so parabolically. He referenced previous rallies where Dogecoin enjoyed 6,000 and 30,000 percent price increases.

Kaleo 指出，狗狗币历史上在其存在的大部分时间里都是横盘交易，但当它反弹时，它往往会呈抛物线状。他提到了之前的反弹，狗狗币的价格上涨了 6,000% 和 30,000%。

Kaleo mentioned that these significant price movements tend to occur 8-9 months after the previous Bitcoin halving.

Kaleo 提到，这些重大的价格变动往往发生在上次比特币减半后的 8-9 个月。

Based on historical trends, it is likely that Dogecoin will not make a substantial breakout until sometime between December this year and February of next year.

从历史趋势来看，狗狗币很可能要到今年12月到明年2月之间的某个时间才会出现实质性突破。

However, Kaleo also predicted that Dogecoin could drop as low as $0.08, revisiting the price levels before the massive rally it enjoyed earlier this year. He compares this potential move to a -30% drop and retracement that occurred in August 2020, months before Dogecoin became mainstream and started its major uptrend.

然而，Kaleo 还预测狗狗币可能会跌至 0.08 美元，重新审视今年早些时候大幅上涨之前的价格水平。他将这种潜在的走势与 2020 年 8 月发生的 -30% 的下跌和回撤进行了比较，即狗狗币成为主流并开始其主要上升趋势的几个月前。