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Dogecoin (CRYPTO: DOGE) is joining Cardano (CRYPTO: ADA) and XRP (CRYPTO: XRP) in the race to hit the $1 price target, but it might have a hidden advantage to help it along the way.
狗狗币(加密货币:DOGE)正在与卡尔达诺(加密货币:ADA)和 XRP(加密货币:XRP)一起争夺 1 美元的价格目标,但它可能有一个隐藏的优势来帮助它一路走来。
What Happened: Dogecoin is seeing a surge in trading volume and the ability to bounce back from a recent setback, which is indicating that the market might still have a lot of belief in the meme coin.
发生了什么:狗狗币的交易量激增,并且有能力从最近的挫折中反弹,这表明市场可能仍然对这种模因币抱有很大的信心。
After a period of relative inactivity, Dogecoin’s price performance is catching the eye of traders and investors. The biggest of the big dogs, the meme coin with the largest market cap, managed to gain some upward momentum after a period of being stuck at $0.40.
经过一段时间的相对不活跃之后,狗狗币的价格表现正在吸引交易者和投资者的目光。最大的大狗,市值最大的模因币,在陷入 0.40 美元一段时间后,成功获得了一些上涨动力。
Dogecoin is trading up 16% over the last 24 hours, seeing around $180 million in spot volume.
过去 24 小时内,狗狗币的交易量上涨了 16%,现货交易量约为 1.8 亿美元。
Memecoins are known for their volatility, but Dogecoin has managed to show strength, now up 30% over the last seven days.
Memecoin 以其波动性而闻名,但狗狗币却表现出了强劲的实力,在过去 7 天内上涨了 30%。
Analysts are saying that if the trend continues, Dogecoin could be headed to test its all-time high price of $0.73, putting it on the path to the $1 target.
分析师表示,如果这种趋势持续下去,狗狗币可能会测试 0.73 美元的历史高点,从而迈向 1 美元的目标。
The road to $1 for Dogecoin will be difficult, considering the nature of memecoins, which makes them prone to wild price swings and market selloffs.
考虑到模因币的性质,狗狗币走向 1 美元的道路将是艰难的,这使得它们容易出现剧烈的价格波动和市场抛售。
The overall sentiment is positive, with reports of big investors, also known as whales, showing signs of accumulating more of the meme coin.
总体情绪是积极的,大型投资者(也称为鲸鱼)的报告显示出积累更多模因币的迹象。
Around 1.12 billion DOGE tokens have been reported to be accumulating, which shows a strategy to capitalize on lower prices, while institutional and retail buying power is betting on a price recovery.
据报道,大约 11.2 亿个 DOGE 代币正在积累,这表明了一种利用较低价格的策略,而机构和散户购买力则押注于价格回升。
Hitting the $1 price target will not only take sustained price increases but also strong market fundamentals.
达到 1 美元的价格目标不仅需要持续的价格上涨,还需要强劲的市场基本面。
Investors are keeping an eye on the open interest for Dogecoin, which has risen to $3.77 billion, showing a large number of futures contracts are preparing for higher prices.
投资者正在关注狗狗币的未平仓头寸,该头寸已升至37.7亿美元,显示大量期货合约正在为更高的价格做准备。
The role of whales is important, as they tend to stabilize price movements and act as a buffer against market volatility.
鲸鱼的作用很重要,因为它们往往会稳定价格走势并充当市场波动的缓冲器。
Dogecoin’s progress to $1 will come down to the actions of coin holders, investor sentiment and the overall market strength.
狗狗币涨至 1 美元将取决于代币持有者的行动、投资者情绪和整体市场实力。
Keeping an eye on the supply and demand dynamics, especially from key parties, will give investors an edge in anticipating possible price movements.
密切关注供需动态,尤其是来自关键各方的供需动态,将使投资者在预测可能的价格变动方面具有优势。
See More: Best Cryptocurrency Scanners
查看更多:最佳加密货币扫描仪
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