在兔子的洞里：Dogecoin面临什么？

多年来，Dogecoin（Doge）最初出生于模因，一直处于起伏。然而，最近，由于鲸鱼交易，它面临着严重的衰退

Dogecoin (DOGE), born as a meme and later pivoting to become a serious cryptocurrency, has experienced a rollercoaster ride in the past. Now, it's facing a new challenge.

Dogecoin（Doge）出生于模因，后来旋转成为严重的加密货币，过去曾经历过过山车的骑行。现在，它面临着一个新的挑战。

A recent report by CryptoSlate highlights a drastic decline in whale transactions for Dogecoin, which could have a major impact on its future trajectory. Here's a summary of the key points.

密贴酸盐的最新报告强调了Dogecoin鲸鱼交易的急剧下降，这可能会对其未来的轨迹产生重大影响。这是关键点的摘要。

Understanding Dogecoin's Landscape

了解Dogecoin的景观

Dogecoin (DOGE), initially conceived as a meme, has had its ups and downs over the years. However, it's now facing a downturn as whale transactions—the large trades that influence the market—have drastically decreased. In addition to the falling whale activity, various other factors are at play that could reshape Dogecoin's future.

多年来，Dogecoin（Doge）最初被认为是模因，一直处于起伏。但是，随着鲸鱼交易（影响市场的大型交易）的衰退现在正面临着衰退。除了鲸鱼活动下降之外，其他各种因素还可以重塑狗狗的未来。

Recent Trends and Insights

最近的趋势和见解

1. Whale Transaction Decline: As mentioned, the number of transactions over $100,000 dropped from over 20,000 to just 6,200 in recent weeks. The decline in large-scale transactions shows that major investors are possibly pulling back their involvement.

1。鲸鱼交易的下降：如前所述，近几周以上的100,000美元以上的交易数量从20,000多人降至只有6200美元。大规模交易的下降表明，主要投资者可能正在退缩他们的参与。

2. Price Stagnation: DOGE is currently floating around $0.25, well below its previous highs. Price resistance indicates that it is struggling to regain momentum.

2。价格停滞：Doge目前漂浮在0.25美元左右，远低于其先前高点。价格阻力表明它正在努力恢复动力。

3. Daily Active Addresses: The active user base has also suffered, dropping to 37,600 from an impressive 1.68 million peak in November. This dip suggests a significant reduction in engagement among typical investors.

3。每日活动地址：活跃的用户群也遭受了损失，11月的168万峰值下降到37,600。这种下降表明，典型投资者的参与度大大减少。

4. Investor Sentiment: The MVRV ratio of 30 days reflects a 23% loss for many holders, indicating that most current DOGE investments are underwater. This negative sentiment can hinder trading and further price appreciation.

4。投资者的情绪：30天的MVRV比率反映了许多持有人的损失23％，这表明大多数目前的Doge投资都在水下。这种负面情绪可能会阻碍交易和进一步的价格赞赏。

Key Features & Limitations

关键功能和限制

– Use Case: Originally intended for fun, Dogecoin now lacks a strong utility model compared to other cryptocurrencies, which may limit its growth potential in the rapidly evolving crypto landscape.

- 用例：与其他加密货币相比，Dogecoin最初是为了娱乐，目前缺乏强大的效用模型，这可能会限制其在迅速发展的加密纪录中的增长潜力。

– Community Engagement: Dogecoin relies heavily on community support and social media promotion. Its future may hinge on renewed enthusiasm from this base.

- 社区参与：Dogecoin在很大程度上依赖社区支持和社交媒体促进。它的未来可能取决于这个基地的重新热情。

Market Analysis and Predictions

市场分析和预测

– Bullish Sentiment Needed: If whale activities do not return, a rally seems improbable. The current downtrend could be indicative of a longer-term bearish cycle unless there is a significant change in investor behavior or broader crypto market recovery.

- 需要看涨的情绪：如果鲸鱼活动不回来，则集会似乎不可能。除非投资者行为或更广泛的加密货币市场恢复发生重大变化，否则当前的下降趋势可能表明长期看跌周期。