狗狗幣的過山車：是什麼導致了最近的市場崩盤？

最近幾週，加密貨幣市場經歷了劇烈波動，尤其是狗狗幣（DOGE）在短短 24 小時內從 0.43 美元暴跌至 0.35 美元。此次大幅下跌導致約 6,500 萬美元的清算，標誌著今年最大的拋售之一。

Recently, the cryptocurrency landscape witnessed a dramatic event as Dogecoin (DOGE) experienced a sharp decline, leaving many investors battered. Following a peak at $0.43, the meme coin plummeted to $0.35 within a 24-hour period, resulting in significant liquidations amounting to approximately $65 million—marking it as one of the largest sell-offs of the year.

近期，加密貨幣格局發生了戲劇性的事件，狗狗幣（DOGE）經歷了大幅下跌，讓許多投資者遭受重創。在達到 0.43 美元的峰值後，這款 Meme 代幣在 24 小時內暴跌至 0.35 美元，導致大量清算，金額約為 6500 萬美元，成為今年最大的拋售之一。

According to Coinglass, a notable portion of this liquidation came from long positions, where over $54 million was lost, while short positions also incurred about $7.9 million in losses. This massive sell-off caught many investors off guard, leaving them with heavy losses.

據 Coinglass 稱，此次清算的很大一部分來自多頭頭寸，損失超過 5,400 萬美元，而空頭部位也損失了約 790 萬美元。這次大規模拋售讓許多投資者措手不及，導致他們損失慘重。

Experts at NewsBTC noted that this sudden dip is closely linked to Bitcoin’s (BTC) fall, which slid from $106,000 to $100,000, creating a ripple effect throughout the crypto market. Additionally, the recent launch of the “MELANIA” meme coin by First Lady Melania Trump contributed to market liquidity being diverted, further exacerbating Dogecoin’s decline.

NewsBTC 的專家指出，這種突然下跌與比特幣 (BTC) 的下跌密切相關，比特幣從 106,000 美元跌至 100,000 美元，在整個加密市場產生了連鎖反應。此外，第一夫人梅蘭妮亞·川普最近推出的「MELANIA」迷因幣導致市場流動性被轉移，進一步加劇了狗狗幣的跌勢。

The cryptocurrency market experienced a collective downturn recently, with Dogecoin (DOGE) taking a particularly hard hit. From a peak of $0.43, DOGE slid down to $0.35 in a matter of 24 hours. This sharp decline led to approximately $65 million in liquidations, marking it as one of the largest sell-offs of the year.

近期，加密貨幣市場集體低迷，其中狗狗幣（DOGE）受到的打擊尤其嚴重。 DOGE 在 24 小時內從 0.43 美元的高點跌至 0.35 美元。此次大幅下跌導致約 6,500 萬美元的清算，標誌著今年最大的拋售之一。

Breaking Down the Key Factors

分解關鍵因素

1. Correlation with BTC: Market analysts noted a strong correlation between Dogecoin and Bitcoin (BTC). As the value of BTC slipped from $106,000 to $100,000, it sparked a ripple effect impacting various altcoins, with Dogecoin being significantly affected by the performance of the leading cryptocurrency.

1. 與 BTC 的相關性：市場分析師指出狗狗幣和比特幣（BTC）之間有強烈的相關性。隨著 BTC 的價值從 106,000 美元下滑至 100,000 美元，引發了連鎖反應，影響了各種山寨幣，其中狗狗幣受到領先加密貨幣表現的顯著影響。

2. Market Liquidity Diversion: Melania Trump’s launch of the new “MELANIA” meme coin has been highlighted as another factor contributing to the liquidity drain within the market. This diversion of liquidity may have exacerbated Dogecoin’s decline, as investors sought new opportunities in the meme coin space.

2.市場流動性轉移：梅蘭妮亞·川普推出新的「MELANIA」迷因幣被認為是導致市場流動性流失的另一個因素。隨著投資者在迷因幣領域尋找新的機會，這種流動性的轉移可能加劇了狗狗幣的下跌。

3. Investor Sentiment and Liquidation Events: Data from Coinglass reveals that over $54 million was lost from long positions in Dogecoin alone, while short positions also incurred about $7.9 million in losses. Such substantial liquidations are typically indicative of high levels of investor uncertainty and panic selling, leading to drastic price movements.

3. 投資者情緒與清算事件：Coinglass 的數據顯示，光是狗狗幣多頭部位就損失了超過 5,400 萬美元，而空頭部位也損失了約 790 萬美元。如此大規模的清算通常表明投資者的高度不確定性和恐慌性拋售，導致價格劇烈波動。

Dogecoin (DOGE) experienced a sharp decline recently, sliding down from a peak of $0.43 to $0.35 in a matter of 24 hours. This rapid sell-off led to approximately $65 million in liquidations, marking it as one of the largest sell-offs of the year.

狗狗幣（DOGE）近期經歷了大幅下跌，在 24 小時內從高峰 0.43 美元跌至 0.35 美元。這次快速拋售導致約 6500 萬美元的清算，標誌著今年最大的拋售之一。

While Dogecoin’s status as a “meme coin” brought it into the spotlight of cryptocurrency enthusiasts, it also subjected the coin to a high degree of volatility, influenced by online trends, hype, and massive price fluctuations. Countering this volatility and ensuring a stable trajectory for the coin remained a distant goal.

雖然狗狗幣作為「迷因幣」的地位使其成為加密貨幣愛好者的焦點，但它也使該幣受到線上趨勢、炒作和巨大價格波動的影響而遭受高度波動。應對這種波動並確保代幣的穩定軌跡仍然是一個遙遠的目標。

Throughout the year, Dogecoin’s value was closely tied to the performance of Bitcoin (BTC), with the smaller altcoin showing sensitivity to the price movements of the leading cryptocurrency. This correlation played a role in Dogecoin’s sell-off as well.

全年，狗狗幣的價值與比特幣（BTC）的表現密切相關，較小的山寨幣對主要加密貨幣的價格變動表現出敏感性。這種相關性也在狗狗幣的拋售中發揮了作用。

As 2023 unfolds, the interdependencies within the cryptocurrency market and the market's response to major events continue to be shaping forces. For those navigating the crypto landscape, up-to-date information and analysis are essential. To stay informed on the latest cryptocurrency market movements and trends, consider exploring CoinDesk for a comprehensive perspective.

隨著 2023 年的到來，加密貨幣市場內部的相互依賴性以及市場對重大事件的反應將繼續發揮影響力。對於那些探索加密貨幣領域的人來說，最新的資訊和分析至關重要。若要了解最新的加密貨幣市場趨勢和趨勢，請考慮探索 CoinDesk 以獲取全面的視角。