Dogecoin (DOGE) price is up almost 50% over the last five days. The first meme coin is now seeing over $1B in open interest, which signifies massive interest and trading activity around DOGE. However, the latest data reveals that nearly 100 million tokens are about to be released from their ‘lockups’ in one of the largest linear unlocks seen in recent weeks.

在過去的五天中，Dogecoin（Doge）價格上漲了近50％。現在，第一枚模因硬幣是公開利息的$ 1B，這表示Doge周圍的大量利息和交易活動。但是，最新數據表明，在最近幾週最大的線性解鎖之一中，即將從其“鎖定”中釋放近1億個令牌。

According to the tokenomics data provider, 95.9 million tokens will be released as block rewards between May 12 and 19.

根據Tokenomics數據提供商的數據，將在5月12日至19日之間發布9590萬個令牌。

Token Unlocks Could Rock the Boat

令牌解鎖可能會搖擺船

The number of tokens may seem high, but it would only comprise 0.06% of the tokens in circulation. However, considering the stellar volatility that the token has been exhibiting and the upcoming resistance levels around $0.24, this unlock may test DOGE’s resilience further.

令牌的數量似乎很高，但它僅佔循環中令牌的0.06％。但是，考慮到令牌表現出的出色波動，即將到來的阻力水平約為0.24美元，該解鎖可能會進一步測試Doge的彈性。

Moreover, over the next 30 days, a total of 424 million DOGE tokens are set to be unlocked, stirring up the market that’s already on edge.

此外，在接下來的30天中，總共將解鎖4.24億個門檻令牌，從而激發已經處於優勢的市場。

The market sentiments are mixed heading into the unlock window. Despite the correction on Sunday, analysts expect Dogecoin’s breakout and target $0.30. However, if DOGE falls below the critical support level of $0.22, it could signal a steep correction.

市場情緒混合到解鎖窗口中。儘管在周日進行了更正，但分析師預計Dogecoin的突破和目標$ 0.30。但是，如果Doge低於$ 0.22的關鍵支撐水平，則可能標誌著陡峭的校正。

The meme coin has always been known to be easily influenced by the slightest of market movements. Back in 2021, Dogecoin’s price reached an all-time high of $0.73, primarily driven by Elon Musk’s frequent tweets and endorsements, only to fall sharply within weeks.

眾所周知，模因硬幣很容易受到市場變動的影響。早在2021年，Dogecoin的價格達到了歷史最高的0.73美元，主要是由埃隆·馬斯克（Elon Musk）頻繁的推文和背書驅動的，僅在幾週內就急劇下降。

Dogecoin In for Short-Term Volatility

Dogecoin進入短期波動

While close to 100 million tokens are about to unlock, whales have scooped up over 100 million DOGE towards the end of April, which could offer a potential counterweight.

雖然將近1億個令牌即將解鎖，但鯨魚在4月底已經搶占了1億多名，這可能會提供潛在的配重。

At the current price, the upcoming unlocks would be valued at around $22 million. This is a substantial token unlock and can potentially create short-term volatility and test its resistance level. However, DOGE could even experience an uptick during this window as the market gradually absorbs newly unlocked tokens.

以目前的價格，即將到來的解鎖將價值約為2200萬美元。這是一個實質性的令牌解鎖，可能會產生短期波動率並測試其阻力水平。但是，由於市場逐漸吸收了新鎖定的令牌，因此在此窗口中，Doge甚至可以在此窗口中體驗起來。

While most popular cryptos like Bitcoin (BTC) operate with fixed supplies, Dogecoin has an inflationary model, where the network issues 10,000 tokens per block. This results in roughly over 5 billion new tokens annually. This liberal approach is in line with the original conception of the token as a fun and accessible digital currency.

儘管大多數受歡迎的加密貨幣（BTC）具有固定用品的運作，但Dogecoin具有通貨膨脹模型，該網絡每塊發出10,000個令牌。這每年導致大約50億個新令牌。這種自由主義的方法符合令牌作為一種有趣且易於使用的數字貨幣的原始概念。