Dogecoin（Doge）在过去一个月中急剧下降了38％，尽管有多种催化剂在更广泛的加密市场集会上，但仍消除了年收益

Dogecoin于2015年3月推出，直到2021年5月，都相对平坦。

Dogecoin (CRYPTO: DOGE) has seen a sharp 38% decline in the past month, wiping out its annual gains despite multiple catalysts for a broader crypto market rally.

Dogecoin（Crypto：Doge）在过去一个月中的急剧下降了38％，尽管多种催化剂进行了更广泛的加密市场集会，但仍消除了年度增长。

What Happened: Launched in March 2015, Dogecoin began its journey with relatively flat price action. Its biggest rally occurred in May 2021, following Elon Musk's appearance on Saturday Night Live, where he called it a "hustle," ultimately sending DOGE to an all-time high of $0.7376. Currently, DOGE is trading around 77% lower at $0.154.

发生的事情是：2015年3月推出，Dogecoin以相对平坦的价格行动开始了旅程。它最大的集会发生在2021年5月，之后埃隆·马斯克（Elon Musk）在《星期六夜现场》（Saturday Night Live）露面之后，他称其为“喧嚣”，最终将Doge送至历史最高的0.7376美元。目前，Doge的交易价格低约77％，至0.154美元。

In December 2024, Dogecoin experienced another surge, driven by a broader crypto market rally, leading to a 240% price increase from November 2024 lows. A third major rally happened in January 2025 as traders buzzed about the possibility of a new ATH.

2024年12月，Dogecoin经历了另一次激增，这是由于更广泛的加密市场集会的驱动，从2024年11月的低点造成240％的价格上涨。 2025年1月，交易员对新ATH的可能性嗡嗡作响，发生了第三次重大集会。

Despite these price surges, Dogecoin struggled to maintain momentum, even after the creation of the Department of Government Efficiency (D.O.G.E.), led by Elon Musk, and the meme coin's adoption in political and institutional circles.

尽管有这些价格激增，即使在由埃隆·马斯克（Elon Musk）领导的政府效率部（DOGE）创建后，Dogecoin仍在努力保持势头，而模因硬币在政治和机构圈子中的采用。

The hype surrounding Dogecoin's potential for political donations and integration into institutional investment vehicles wasn't enough to keep prices elevated.

围绕Dogecoin进行政治捐款和整合到机构投资工具的潜力的炒作不足以使价格提高。

Also Read: Unprecedented 400% Surge In Dogecoin Network Activity: Is This A Bullish Move?

另请阅读：Dogecoin网络活动中空前的400％激增：这是看涨的举动吗？

Why It Matters: As Grayscale continues to expand its crypto offerings, the firm has also applied for approval to launch a Bitcoin ETF, further highlighting the increasing demand for institutional-grade crypto products.

为什么它很重要：随着灰度不断扩大其加密产品的扩大，该公司还申请了批准来推出比特币ETF，进一步强调了对机构级加密产品的需求不断增长。

Grayscale’s initiative to launch a Dogecoin Trust comes amidst growing interest from institutional investors in meme coins. Earlier this year, Mike Novogratz's crypto hedge fund, Galaxy Digital, applied for approval to launch an Ethereum futures ETF.

Grayscale启动Dogecoin Trust的倡议在Meme Coins的机构投资者越来越兴趣之中。今年早些时候，迈克·诺维格拉茨（Mike Novogratz）的加密对冲基金Galaxy Digital申请了批准来推出以太坊期货ETF。

Dogecoin, known for its widespread accessibility, affordability and rapid transaction speeds, has also managed to garner significant adoption in various parts of the world.

Dogecoin以其广泛的可及性，可负担性和快速交易速度而闻名，他还设法在世界各地获得了大量采用。

Speculation about a Dogecoin ETF is heating up, as Bitwise, Rex Shares, and Osprey Funds have all filed S-1 applications for approval.

关于Dogecoin ETF的猜测正在加热，因为Bitwise，Rex股票和鱼鹰基金都提出了S-1申请供批准。

What's Next: With uncertainty still hanging over the broader crypto market, altcoins remain in limbo, waiting to rally alongside Bitcoin.

接下来是什么：由于不确定性仍在更广泛的加密市场上，altcoins仍然处于困境，等待与比特币一起集会。

Crypto analyst Ali Martinez has pointed out that Dogecoin is now at a critical juncture, facing an important test: will it break out or hold firm at current levels?

加密分析师阿里·马丁内斯（Ali Martinez）指出，Dogecoin现在正处于关键时刻，面临着重要的测试：它会爆发还是在当前水平上保持公司？

#Dogecoin $DOGE at the edge, facing a big test.

#DogeCoin $ Doge在边缘，面临大型测试。

Will it break out or stand firm?

它会爆发还是坚定？

After a 38% correction in a month, Dogecoin is at a crucial point. Breaking the trendline could lead to further declines.

在一个月内进行了38％的纠正后，Dogecoin处于关键点。打破趋势线可能会导致进一步下降。

Alternatively, if it manages to hold onto the support level (marked in blue), it could signal a potential bottom and set the stage for an ascent.

另外，如果它设法保持支持水平（以蓝色为标记），则可以向潜在的底部发出信号并为上升设置阶段。