在加密貨幣市場的旋風風暴中，狗狗幣（Memes）誕生的數字硬幣現在發現自己陷入困境。

就在去年12月，Dogecoin Futures的開放興趣是市場胃口的關鍵晴雨表，飆升至轟隆聲4.07億美元。

In the swirling storm of the cryptocurrency market, Dogecoin, the digital coin that rose to fame from the ashes of memes, has seen its star begin to wane. Just last December, the open interest for Dogecoin futures, a key indicator of market appetite, reached a staggering $4.07 billion. However, in a short span of a few months, this enthusiasm has taken a significant hit, tanking by over 67% to $1.33 billion.

在加密貨幣市場的漩渦狀風暴中，Dogecoin是模因灰燼的數字硬幣，使其恆星開始減弱。就在去年12月，Dogecoin Futures的開放興趣是市場胃口的關鍵指標，達到了40.7億美元的驚人意義。但是，在短短幾個月的時間裡，這種熱情受到了重大打擊，跌至67％以上，至13.3億美元。

Open interest serves as the lifeblood of futures markets, highlighting the total count of outstanding contracts. As enthusiasm dries up, as seen with Dogecoin, it heralds a shift in market sentiment. The once-thriving fascination with this memecoin is confronting a cold reality. Over the past few days, indicators of this sentiment shift have grown glaringly apparent. Network activity, a measure of how much traffic a coin commands, has slumped by a jaw-dropping 95%, leaving Dogecoin with just a fraction of its once-burgeoning user base.

開放興趣是期貨市場的命脈，強調了未償還合同的總數。隨著熱情的變化，正如Dogecoin所看到的那樣，它預示著市場情緒的轉變。曾經對這個紀念因素的迷戀正面臨著一個冷酷的現實。在過去的幾天中，這種情感轉變的指標顯而易見。網絡活動是對硬幣命令的數量的衡量標準，被下顎降低了95％，而Dogecoin僅佔其曾經爆發的用戶群的一小部分。

These events coincide with a broader investor retreat from speculative assets as concerns over inflation and looming trade war fears grip the financial world. Investors seem to have taken a step back, deprioritizing the playful allure of Dogecoin for safer, less volatile waters. This sentiment has been reflected starkly in Dogecoin’s plummeting value — falling by 59% from its December highs.

這些事件與更廣泛的投資者從投機資產撤退，因為人們擔心通貨膨脹和迫在眉睫的貿易戰擔心抓住了金融界。投資者似乎已經退後一步，剝奪了狗狗幣的嬉戲魅力，從而使更安全，揮發性較小的水域剝奪了誘人的魅力。這種情緒在Dogecoin的下降價值中被鮮明地反映出來 - 比12月的高點下降了59％。

Yet, amid this gloom, some voices in the crypto world refuse to be drowned out by the noise of decline. Analysts, with a gusto often characteristic of the market’s speculative nature, cling to hope. Drawing on chart patterns with an almost optimistic fervor, they project a stratospheric rise, eyeing a $5 target as Dogecoin trades at a modest $0.20. This tenacity speaks to the speculative nature of cryptocurrency, which wavers between despair and hope with each passing day.

然而，在這種憂鬱之中，加密世界中的一些聲音拒絕被衰落的噪音淹沒。分析師的熱情通常是市場投機性質的特徵，堅持希望。他們以幾乎樂觀的熱情借鑒圖表模式，投射了平流層上升，目光目標為5美元，因為Dogecoin的交易價格適中$ 0.20。這種頑強的意思說明了加密貨幣的投機性，這種性質在每一天都在絕望和希望之間搖擺。

For now, as turbulent waves buffet Dogecoin, a critical takeaway emerges: the very forces that can propel a memecoin to dizzying heights can just as swiftly bring it tumbling down. The market remains a capricious beast, and for many, the once-enticing humor of Dogecoin seems to be, for now, fading into the realm of nostalgia.

目前，隨著動蕩的海浪自助犬少蛋，出現了關鍵的外賣：可以推動Memecoin到令人眼花高度的力量，可以迅速使其迅速下跌。該市場仍然是一種反复無常的野獸，對於許多人來說，曾經引起的Dogecoin幽默似乎已經逐漸淡入懷舊之境。