“尽管每周有10.25％的集会，但Dogecoin [Doge]仍然卡在$ 0.20以下”

“ Dogecoin的[Doge]每周10.25％的集会至0.193美元，使一些高帽子的竞争对手在灰尘中留下了。通常，这是FOMO启动的提示。”

Dogecoin [DOGE]’s 10.25% weekly rally has been impressive, outperforming several high-cap altcoins. With this rally now stalling at $0.193, FOMO could kick in. However, there is no buying frenzy yet, and DOGE is still struggling to break above $0.20. In this market, a $0.74 target seems like a distant dream.

Dogecoin [Doge]每周的10.25％集会令人印象深刻，表现优于几个高股山羊。由于现在的集会停滞为0.193美元，FOMO可能会开始。但是，还没有购买Frenzy，而且Doge仍在努力折扣超过0.20美元。在这个市场上，一个0.74美元的目标似乎是一个遥远的梦想。

As overhead supply zones continue to build up, the road ahead for DOGE looks difficult, especially if it aims to break through and reach that level.

随着间接费用供应区的不断建立，前面的Doge的道路看起来很困难，尤其是当它旨在突破并达到该水平时。

Dogecoin’s valuation is running faster than its activity

Dogecoin的估值运行速度快于其活动

Dogecoin has secured its place in the top 10 crypto assets with a $26 billion market cap. However, it’s no secret that the coin’s valuation has been running faster than its activity.

Dogecoin拥有260亿美元的市值，在前10名加密货币资产中占据了一席之地。但是，硬币的估值的运行速度比其活动更快，这已不是什么秘密。

Despite a recent rally of 10.25%, new and active addresses remain low, and the coin is yet to break above $0.20.

尽管最近有10.25％的集会，但新的和主动地址仍然很低，而且硬币尚未中断0.20美元。

Moreover, Dogecoin’s Network Value to Transaction (NVT) ratio has reached a three-month high, indicating that its market cap is outpacing on-chain transactions.

此外，Dogecoin的网络价值与交易（NVT）比率达到了三个月的高度，这表明其市值超过了链交易。

Source: Glassnode

来源：玻璃节

This lackluster network activity is evident in the low new and active address count, which is lagging behind pre-election levels. During November’s breakout, new addresses surged past 100k as DOGE broke through $0.40. In contrast, only 12,629 new addresses were created today.

这种平淡的网络活动在低新的和主动的地址数量中很明显，该地址数量落后于选举前的水平。在11月的突破中，新的地址飙升了100,000万美元，Doge闯入了0.40美元。相比之下，今天仅创建了12,629个新地址。

This stat highlights that DOGE’s recent rally appears to be fueled more by speculative interest than by fundamental factors.

这一统计数据强调，Doge最近的集会似乎比投机性兴趣更大，而不是基本因素。

Dogecoin is known for its “high-risk, high-reward” nature, which usually attracts FOMO. However, despite the impressive rally, FOMO has yet to kick in. This is because, despite attempts to push higher, the coin is encountering resistance and bouncing back.

Dogecoin以其“高风险，高回报”的性质而闻名，通常会吸引FOMO。但是，尽管集会令人印象深刻，但FOMO尚未开始。这是因为尽管试图推高，但硬币还是遇到了抵抗和反弹。

Unless DOGE manages to break above $0.20 convincingly, with increased volume to follow through, it is likely to remain capped structurally. As a result, reaching the $0.74 target seems like an optimistic goal at this juncture.

除非Doge设法令人信服地超过$ 0.20，但要增加的数量增加，否则可能会在结构上保持封盖。结果，达到0.74美元的目标似乎是这个关头的乐观目标。

No sign of a supply shock yet

还没有供应冲击的迹象

At the time of writing, Dogecoin was down 0.8%, displaying some overvaluation according to TipRanks. However, on a brighter note, Options volume just went up by 9.11%.

在撰写本文时，Dogecoin下跌了0.8％，根据Tipranks显示一些高估。但是，更明显的是，期权量刚刚上升了9.11％。

Furthermore, derivatives Open Interest reached a monthly high of $1.87 billion, as traders flocked back to the derivatives market.

此外，随着贸易商涌向衍生品市场，衍生品开放式利息每月达到18.7亿美元。

Source: Coinglass

资料来源：小店

This massive inflow of capital into derivatives is setting the stage for a classic scenario of blind greed. In the last 24 hours alone, $3.11 million worth of long positions got liquidated.

资本流入衍生品的大量流入为盲目贪婪的经典情景奠定了基础。仅在过去的24小时内，价值311万美元的长位置就被清算了。

Adding to the selling pressure, whale activity has also decreased significantly. Nearly 4,000 addresses holding over 10k DOGE pulled out their funds, showcasing decreasing confidence among larger holders.

鲸鱼活动增加了销售压力，也大大减少了。持有超过10k Doge的近4,000个地址撤出了他们的资金，显示了较大的持有人的信心下降。

Therefore, that $0.74 target seems like a distant pipe dream. At least until DOGE manages to rectify its weak spots and sparks some genuine FOMO.

因此，$ 0.74的目标似乎是一个遥远的时髦梦。至少直到Doge设法纠正其弱点并引发了一些真正的FOMO。