儘管處於熊市，狗狗幣鯨魚的累積仍然很高，凸顯了人們對該資產穩定性的信心

狗狗幣（DOGE）在鏈上記錄的大額交易量方面經歷了異常的市場成長。儘管大盤正在經歷看跌轉變，拖累狗狗幣，但狗狗幣生態系統內的其他績效指標仍然樂觀。

Dogecoin (DOGE) might be struggling to stay afloat as the broader market takes a bearish turn, but a key on-chain metric suggests that whales are still showing interest in the meme coin.

隨著大盤看跌，狗狗幣（DOGE）可能正在努力維持生計，但一項關鍵的鏈上指標表明，鯨魚仍然對這種迷因幣表現出興趣。

According to IntoTheBlock, the total large transactions recorded on the Dogecoin network dropped by 25% in 24 hours. However, the amount of DOGE shifted by whales is still significant at 4.31 billion.

據IntoTheBlock稱，狗狗幣網路上記錄的大額交易總額在24小時內下降了25%。然而，鯨魚轉移的 DOGE 數量仍然很大，達到 43.1 億個。

By large transactions, IntoTheBlock defines them as transactions above $100,000. In this case, Dogecoin recorded over 998 large transactions within the 24-hour period.

對於大額交易，IntoTheBlock 將其定義為 10 萬美元以上的交易。在這種情況下，狗狗幣在 24 小時內記錄了超過 998 筆大筆交易。

With Dogecoin trading at $0.1012 at the time of the report, it seems that whales are showing confidence in the asset’s stability compared to its peers. Overnight, DOGE traded as low as $0.09819, a price level most whales might consider a buying signal.

截至報告發佈時，狗狗幣的交易價格為 0.1012 美元，與同類資產相比，鯨魚似乎對該資產的穩定性表現出了信心。一夜之間，DOGE 的交易價格低至 0.09819 美元，大多數鯨魚可能會將此價格水準視為買進訊號。

This whale accumulation is not unusual for Dogecoin, especially over the past seven days when it has recorded a total DOGE volume of 9.66 billion. Considering how stagnant the coin’s price is, it raises certain questions on why the impact is not seen in the asset’s price.

對於狗狗幣來說，鯨魚的累積並不罕見，尤其是在過去 7 天裡，狗狗幣的總交易量達到了 96.6 億。考慮到代幣價格的停滯不前，這引發了一些問題，為什麼在資產價格中看不到這種影響。

With this massive Dogecoin showing, the next price trend or trajectory might make or mar some of the whales who bet on it.

隨著狗狗幣的大規模展示，下一個價格趨勢或軌跡可能會創造或損害一些押注它的鯨魚。

Dogecoin and rivals

狗狗幣和競爭對手

Dogecoin might be the undisputed champion of meme coins, but the competition is growing rapidly.

狗狗幣可能是迷因幣領域無可爭議的冠軍，但競爭正在迅速加劇。

The Tron meme coin SUNDOG is notably making waves by delivering more returns for investors in an attempt to steal the spotlight from established alternatives like DOGE.

Tron meme 代幣 SUNDOG 通過為投資者帶來更多回報而引起轟動，試圖搶走 DOGE 等成熟替代品的風頭。

The meme coin rivalry is also growing significantly, with Shiba Inu and PEPE on the front lines. Neither is close to taking Dogecoin’s market capitalization, but in other areas like functional ecosystem development.

模因幣的競爭也在顯著加劇，柴犬和 PEPE 處於前線。兩者都沒有接近狗狗幣的市值，但在功能生態系統開發等其他領域。

At the moment, Shiba Inu is driving massive decentralized innovations through Shibarium. While Dogecoin boasts momentary upgrades, it still pales in comparison to the efforts of Shytoshi Kusama and other SHIB ecosystem developers.

目前，柴犬正在透過 Shibarium 推動大規模的去中心化創新。儘管狗狗幣擁有短暫的升級，但與 Kusama Shytoshi 和其他 SHIB 生態系統開發人員的努力相比，它仍然相形見絀。