Memecoin 的繁榮被狗狗幣的價格跳水所掩蓋

Memecoin 越來越受歡迎，但儘管持有者激增，狗狗幣的價格卻有所下降。持有 Meme 幣時間少於 30 天的地址數量達到歷史最高水平，顯示新交易者的興趣增加。然而，DOGE的價格上週下跌了15.33%，跌破0.193美元。 CMF 和 OBV 等技術指標顯示看跌情緒，並可能跌至 0.15949 美元。儘管價格下跌，MVRV 比率仍然很高，顯示許多持有者盈利。

Memecoin Surge Overshadowed by Dogecoin's Price Decline

Memecoin 的飆升被狗狗幣的價格下跌所掩蓋

Amidst the heightened interest in memecoins, the price of Dogecoin (DOGE), the original memecoin, has taken a significant downturn. While the number of DOGE holders has steadily increased, profitability metrics remain stable.

隨著人們對 memecoin 的興趣日益濃厚，最初的 memecoin 狗狗幣 (DOGE) 的價格出現了大幅下滑。雖然 DOGE 持有者數量穩定增加，但獲利指標保持穩定。

Explosive Memecoin Popularity

Memecoin 爆炸性人氣

The first quarter of 2023 witnessed a surge in the popularity of memecoins, driven by a wave of retail traders eager to capitalize on the recent bull run. Data from IntoTheBlock reveals an all-time high in the number of addresses holding meme coins for less than 30 days. This influx of new traders indicates a significant shift towards memecoins as a speculative investment class.

2023 年第一季度，在一波渴望利用近期多頭市場的散戶交易者的推動下，迷因幣的受歡迎程度激增。 IntoTheBlock 的數據顯示，持有 Meme 幣時間少於 30 天的地址數量創歷史新高。新交易者的湧入顯示模因幣作為投機投資類別的重大轉變。

Dogecoin's Price Struggle

狗狗幣的價格鬥爭

Despite its dominance in the memecoin space, DOGE has underperformed its peers in terms of price performance. Over the past week, DOGE's value has plummeted by 15.33%, dropping below the $0.193 support level. Analysts predict that if the selling pressure persists, DOGE could further decline to $0.15949.

儘管 DOGE 在 memecoin 領域佔據主導地位，但在性價比方面卻表現不佳。過去一周，DOGE 的價值暴跌 15.33%，跌破 0.193 美元的支撐位。分析師預測，如果拋售壓力持續存在，DOGE 可能會進一步跌至 0.15949 美元。

Technical analysis of DOGE's Chaikin Money Flow (CMF) and On-Balance Volume (OBV) indicates a prevailing outflow of money and diminishing trading volume, both bearish signs. This suggests that selling pressure is outweighing buying interest, exerting downward pressure on DOGE's price.

DOGE 的 Chaikin 資金流 (CMF) 和平衡量 (OBV) 的技術分析表明，資金普遍外流，交易量減少，這都是看跌跡象。這表明拋售壓力超過了購買興趣，對 DOGE 的價格造成下行壓力。

Confused Holders

困惑的持有者

Despite the recent price decline, DOGE's MVRV ratio indicates that many holders remain profitable. The MVRV ratio measures the average profit or loss of holders based on the difference between their cost basis and current market price. A high MVRV ratio suggests that a large proportion of holders are in the green, creating a potential dilemma: hold on or sell?

儘管最近價格下跌，DOGE 的 MVRV 比率表明許多持有者仍然有利可圖。 MVRV 比率根據持有者的成本基礎與當前市場價格之間的差異來衡量持有者的平均利潤或損失。高 MVRV 比率表示很大一部分持有者處於綠色狀態，從而造成潛在的困境：持有還是出售？

Changing Landscape

改變景觀

The number of DOGE holders has surged despite the fluctuating price, suggesting a long-term view among some investors. However, if the price continues to decline, it could trigger a reversal of the bullish trend and push the price back towards $0.2.

儘管價格波動，DOGE 持有者數量仍大幅增加，這表明一些投資者持有長期觀點。然而，如果價格繼續下跌，可能會引發看漲趨勢的逆轉，並將價格推回0.2美元。

Other factors influencing DOGE's price movement include its social popularity and the influence of high-profile figures such as Elon Musk, who has repeatedly tweeted about the memecoin.

影響 DOGE 價格走勢的其他因素包括其社會知名度以及伊隆馬斯克等知名人士的影響力，後者曾多次發布有關模因幣的推文。

Conclusion

結論

The surge in memecoin popularity has been a defining trend of the current bull market. While Dogecoin remains the dominant memecoin, its recent price decline has cast a shadow over its profitability outlook. Nevertheless, the high number of holders and the potential influence of social sentiment could still drive DOGE's price upwards in the future. The coming weeks will be crucial in determining the fate of Dogecoin and the broader memecoin market.

模因幣受歡迎程度的飆升是當前牛市的一個決定性趨勢。雖然狗狗幣仍然是主導的迷因幣，但其最近的價格下跌為其獲利前景蒙上了陰影。儘管如此，大量的持有者和社會情緒的潛在影響仍可能推動未來DOGE的價格上漲。未來幾週對於決定狗狗幣和更廣泛的迷因幣市場的命運至關重要。