Dogecoin (CRYPTO: DOGE) prices rose by 6% on Thursday morning, continuing a recent rally that has seen the meme-inspired token regain ground.

Dogecoin（加密：Doge）的價格在周四早上上漲了6％，最近舉行的一次集會，該集會以模因啟發的令牌重新獲得了地面。

What Happened: Dogecoin’s price was seen trading at $0.2031, showing a gain of 5.7% over the past 24 hours.

發生的事情：Dogecoin的價格的交易價格為0.2031美元，在過去24小時內增長了5.7％。

The cryptocurrency’s market cap has risen to $30.39 billion, while its 24-hour volume saw a significant increase to $1.57 billion.

加密貨幣的市值已上升至303.9億美元，而其24小時的數量顯著增加到15.7億美元。

This surge in volume suggests heightened activity in the market, but who exactly is driving this latest buying frenzy?

這一數量激增表明市場活動的增長，但是誰到底是在推動最新購買的瘋狂？

According to recent data from CryptoQuant, the typical pattern of high trading frequency from “ant investors”—smaller, individual retail traders—which has accompanied major Dogecoin price tops, is yet to be observed in this current ascent.

根據CryptoQuant的最新數據，“螞蟻投資者”的高貿易頻率的典型模式 - 雜貨商，個人零售商人（伴隨著主要的Dogecoin價格上漲），在此目前的上升中尚未觀察到。

This divergence raises questions about the true drivers behind the recent rally, especially considering the usual retail interest, often visualized in high trading frequency (RTF) zones, is less present.

這種差異提出了關於最近集會背後的真正驅動因素的問題，尤其是考慮到通常以高貿易頻率（RTF）區域可視化的通常零售利益的情況，就不太存在。

Image Credit: CryptoQuant

圖片來源：加密量

While low levels of volume were successfully seen at the recent bottom (green), indicating a potential consolidation phase, the red zones representing fervent retail interest near peaks are conspicuously absent.

儘管在最近的底部（綠色）成功看到了低水平的體積，這表明潛在的鞏固階段，但代表峰附近繁華零售利息的紅色區域顯然不存在。

This divergence prompts the question: if the usual retail “ant” army isn’t leading the charge, who is buying? Several possibilities emerge

這種差異提示了一個問題：如果通常的零售“螞蟻”軍隊不領導，誰在購買？出現了幾種可能性

Point 1: It’s worth noting that a substantial portion of Dogecoin's recent price increase can be attributed to a single announcement.

第1點：值得注意的是，Dogecoin最近價格上漲的很大一部分可以歸因於一個公告。

Elon Musk's apology to Donald Trump on X (formerly Twitter) might have inadvertently sparked a rally in the meme token.

埃隆·馬斯克（Elon Musk）在X上（以前是Twitter）對唐納德·特朗普（Donald Trump）的道歉可能無意中引發了模因象徵中的集會。

Point 2: The cryptocurrency's price had been hovering in a narrow range for a better part of the past three months, with limited volatility.

點2：過去三個月的大部分時間，加密貨幣的價格一直在狹窄的範圍內徘徊，波動性有限。

Point 3: Dogecoin's lackluster performance in 2023 compared to Bitcoin's (BTC) strong rally had led to a decline in interest from "ant investors," who typically play a role in driving cryptocurrency trends.

第3點：Dogecoin在2023年的表現平淡無奇，與比特幣（BTC）強力集會相比，“螞蟻投資者”的興趣下降，他們通常在推動加密貨幣趨勢中發揮作用。

Point 4: CryptoQuant's analysis of Spot Retail Activity Through Trading Frequency Surge showcases the minimal role played by smaller retail traders in this Dogecoin price move.

點4：通過交易頻率激增，加密量化對現貨零售活動的分析展示了較小的零售商人在此Dogecoin價格移動中所扮演的最小角色。

Point 5: Historically, major peaks in Dogecoin's price have coincided with high trading frequency from smaller traders, especially during the 2021 bull market.

第5點：從歷史上看，Dogecoin價格的主要高峰與小型交易者的高交易頻率相吻合，尤其是在2021年牛市期間。

Point 6: Despite the cryptocurrency's recent price surge, the level of trading frequency remains low, suggesting that this rally is not being driven by the usual suspects.

第6點：儘管加密貨幣最近的價格上漲，但交易頻率的水平仍然很低，這表明這次集會並不是通常的嫌疑犯驅動的。

Point 7: While Elon Musk's association with Dogecoin continues to exert influence on its market performance, the current rally appears to be unfolding without the same level of widespread, high-frequency retail speculation that has fueled its most explosive prior surges.

第7點：儘管埃隆·馬斯克（Elon Musk）與狗狗（Dodecoin）的聯繫繼續對其市場績效施加影響，但目前的集會似乎正在展開，而沒有相同水平的廣泛，高頻零售猜測，這助長了其最具爆炸性的先前衝動。

See More: Best Cryptocurrency Scanners

查看更多：最佳加密貨幣掃描儀

This story was originally published on Benzinga and has been modified for ClearTechnica readers.

這個故事最初發表在Benzinga上，已為Cleartechnica讀者進行了修改。