58 億閒置 DOGE 代幣問世，狗狗幣價格飆漲 2%

過去 24 小時內，狗狗幣價格飆升了 2%，而同期比特幣則上漲了 4%。

Dogecoin price saw a 2% increase in the last 24 hours, with the meme coin trading within a range of $0.39 and $0.41. The development comes as Bitcoin price increased by 4% in the same period.

狗狗幣價格在過去 24 小時內上漲了 2%，迷因幣的交易價格在 0.39 美元至 0.41 美元之間。這項進展正值比特幣價格同期上漲 4% 之際。

According to CoinGecko, Dogecoin price varied between $0.39 and $0.41 in the past 24 hours. The meme coin recorded a 2% price increase in the same timeframe.

據 CoinGecko 稱，過去 24 小時內狗狗幣價格在 0.39 美元至 0.41 美元之間波動。 Meme 幣的價格在同一時間內上漲了 2%。

This comes after DOGE lost close to 6% in the past week despite Bitcoin’s stellar rally. However, on-chain data seems to be revealing a positive trigger for Dogecoin price.

儘管比特幣大幅上漲，但 DOGE 在過去一周仍下跌了近 6%。然而，鏈上數據似乎揭示了狗狗幣價格的積極觸發因素。

On-chain analyst Ali Martinez shared a Santiment chart that highlights a massive addition to Dogecoin circulation. As per the chart, 5.8 billion DOGE were moved in the past 24 hours.

鏈上分析師 Ali Martinez 分享了一張 Santiment 圖表，該圖表強調了狗狗幣流通量的大幅增加。根據圖表，過去 24 小時內轉移了 58 億 DOGE。

Increased token circulation could be a positive sign for Dogecoin price

代幣流通量的增加可能是狗狗幣價格的正面訊號

The billions of Dogecoin tokens that were added to circulation were previously idle tokens that became active as they were transferred. Such movements, especially from long-held tokens, could either indicate profit-taking or repositioning by large holders or whales.

添加到流通中的數十億狗狗幣代幣以前是閒置代幣，但隨著轉移而變得活躍。這種走勢，尤其是長期持有的代幣，可能表示大持有者或鯨魚的獲利了結或重新定位。

In this case, considering that we see a spike in circulation alongside a price surge, it could also be signaling increased speculative activity.

在這種情況下，考慮到我們看到流通量激增以及價格飆升，這也可能表明投機活動增加。

Moreover, to gain further insight into Dogecoin’s price movement, on-chain analysis is crucial. Relative Strength Index (RSI) can provide valuable cues. At press time, DOGE’s RSI is in the neutral zone, indicating that the meme coin is neither overbought nor oversold.

此外，為了進一步了解狗狗幣的價格走勢，鏈上分析至關重要。相對強弱指數 (RSI) 可以提供有價值的線索。截至發稿，DOGE 的 RSI 處於中性區域，表明 meme 幣既沒有超買也沒有超賣。

Since November, the RSI reveals a gradual decline from the overbought territory, suggesting that the price cooled off over the month. However, the RSI now seems to be indicating a slight reversal upward, which could signal some buying momentum in the coming days.

自11月以來，RSI顯示從超買區域逐漸下降，顯示價格在一個月內降溫。然而，RSI 現在似乎顯示出小幅反轉向上，這可能預示著未來幾天會有一些買盤動力。

According to Coinglass, exchange net flows also reveal a holding behavior. The net exchange flows on December 16 indicate that more DOGE was withdrawn than deposited into exchanges, with the net flows hitting -$67.35 million.

根據 Coinglass 的說法，交易所淨流量也揭示了持有行為。 12 月 16 日的淨交易流量表明，提取的 DOGE 多於存入交易所的 DOGE，淨流量達到 -6735 萬美元。

The negative net flows could also be reducing the selling pressure or at least stabilizing the price. Notably, as we can see, DOGE was not part of the $100K Bitcoin price rally and did not experience a similar ripple effect on the meme coin price.

負淨流量也可能減少拋售壓力或至少穩定價格。值得注意的是，正如我們所看到的，DOGE 並未參與 10 萬美元的比特幣價格上漲，也沒有對 meme 幣的價格產生類似的連鎖反應。

Meanwhile, as DOGE price faced sluggish performance, co-creator Billy Markus defended DOGE’s original purpose in a post on X, stating, “Everything after dogecoin saw dogecoin’s success and was made to make money, so none of them have the same soul.”

同時，由於DOGE價格表現不佳，共同創辦人Billy Markus在X上發文捍衛了DOGE的初衷，他表示，「狗狗幣之後的一切都看到了狗狗幣的成功，都是為了賺錢，所以它們都沒有相同的靈魂。