Dogecoin Miners Snap up 400M DOGE in 48 Hours – Is it a Price Rally Signal?

Dogecoin (DOGE) price bounced back above $0.075 on Thursday, but it’s still some distance away from regaining the monthly peak of $0.086. On-chain analysis pinpoints key indicators that could drive the DOGE price recovery mission.

自 11 月 18 日拒绝 $0.086 区域以来，DOGE 价格经历了一系列较低的低点。然而，狗狗币矿商最近的链上走势闪现了重大复苏的早期信号。

近2天矿工已累积价值$30M的DOGE

On November 18, BeInCrypto reported how Dogecoin price retraced from its six-month peak of $0.086 after Elon Musk’s SpaceX lost a spacecraft.

The market turbulence that heralded Changpeng Zhao’s exit from Binance further exacerbated the downtrend, as DOGE price spiraled toward a week-low of $0.072 on Wednesday, November 22. However, on-chain data trends have revealed unusual activity among Dogecoin miners, which could trigger bullish price actions.

根据 IntoTheBlock 编制的链上数据，狗狗币矿工在过去两天内累计储备增加了 4 亿个 DOGE。

下面的矿工储备图表清楚地说明了狗狗币网络验证者如何在 11 月 20 日至 11 月 22 日期间将其持有量从 41.7 亿增加到 4.57 DOGE。

按当前狗狗币价格 $0.075 估值，新获得的 4 亿枚狗狗币价值约为 $3000 万。当矿工在波动的市场条件下积累区块奖励时，投资者通常将其解读为看涨信号。这清楚地表明，矿商希望持有未来收益，而不是以当前价格出售。

If strategic investors buy into the miner’s bullish disposition, the DOGE price rally could get back on track in the days ahead.

围绕 DOGE 的媒体炒作已经降温

此外，随着 DOGE 价格本周下跌，加密货币交易者似乎已将注意力转向其他顶级巨型资产，如比特币 (BTC)、以太坊 (ETH) 和 Uniswap (UNI)。实际上，围绕狗狗币的媒体炒作已显着减少。

为了证实这一立场， Santiment’s chart illustrates that since rejecting at $0.086 last weekend, Dogecoin’s social volume has dropped from 448 to 112 at press time on November 23.

社会 数量衡量加密货币在相关加密媒体渠道中吸引的提及次数。出于多种原因，社交量的下降可能对 DOGE 的价格走势至关重要。

Firstly, a decline in social hype often indicates that the market has reached a local bottom. Strategic swing traders looking to buy at the bottom could consider this perfect timing to re-enter the DOGE market. Secondly, when an asset has minimal media hype, prospective investors often see the current prices at a fair market value of the coin.

因此，如果投资者将当前狗狗币媒体提及的下降视为进入市场的信号，那么狗狗币价格可能正处于重大看涨逆转的边缘。

DOGE价格预测：反弹能否达到$0.10？

From an on-chain perspective, the miner’s accumulation and increased demand from new users could further propel the DOGE rally. However, to seize the momentum, the bulls must first scale the initial $.080 resistance.

"(《世界人权宣言》) 全球资金流入/流出 (GIOM) 数据，根据入场价格对当前 DOGE 持有者进行分组。这也证实了这一预测。

It shows that 762,860 addresses had bought 19.6 billion DOGE at the minimum price of $0.80. If those investors exit early, they could trigger an instant Dogecoin price correction. However, scaling that initial sell-wall could open the door to reclaiming $0.10.

尽管如此，如果狗狗币价格波动低于 $0.06，空头可能会推翻这一积极预测。但是，在这种情况下，以 $0.067 的均价购买 308 亿 DOGE 的 457,560 个地址可能会提供初步支撑。如果这些投资者坚定持有，他们可能会避免狗狗币价格大幅逆转。

But if they sell early, Dogecoin’s price could drop to $0.06.