The Dogecoin network is experiencing a resurgence in activity and investor interest, signaling the early signs of a potential new bull cycle for the DOGE price.
Dogecoin網絡正在經歷活動和投資者興趣的複興,這表明了Doge價格潛在的新公牛週期的早期跡象。
Meanwhile, the broader crypto market remains bullish, with Ethereum (ETH) outperforming Bitcoin, prompting speculation that an altcoin season may be imminent.
同時,更廣泛的加密貨幣市場仍然看漲,以太坊(ETH)的表現優於比特幣,促使人們猜測可能即將出現山寨幣季節。
Dogecoin Network Records Rising Activity: What is Driving The Surge?
Dogecoin網絡記錄的活動上升活動:什麼在推動激增?
Data on Glassnode shows that Dogecoin active addresses rose from 61,892 on May 7 to 674,527 as of May 14. This represents a surge of nearly 990% in a week, suggesting renewed user engagement and transactional volume.
玻璃節有關的數據表明,截至5月14日,Dogecoin的活動地址從5月7日的61,892增加到674,527。這一周內激增了近990%,這表明更新了用戶參與和交易量。
A dramatic rise in futures market interest accompanies this surge in network usage. According to recent data, open interest (OI) in DOGE futures has jumped by more than 66% over the past week. Specifically, it climbed from $989 million to $1.65 billion between May 7 and 14.
期貨市場利益的急劇增長伴隨著網絡使用的激增。根據最近的數據,在過去一周中,Doge Futures的開放興趣(OI)增長了66%以上。具體而言,它從5月7日至14日之間從9.89億美元攀升至16.5億美元。
The sharp increase in leveraged positions indicates growing trader confidence and anticipation of volatile price action.
槓杆位置的急劇增加表明,交易者的信心和對波動價格行動的預期。
The post Coinbase to Bring Wrapped Dogecoin to Base, Signaling New Institutional Interest in DOGE appeared first on Baseless.
Coinbase將包裹的Dogecoin帶到基礎上,表明Doge的新機構興趣首先出現在毫無根據。
The post Coinbase to Bring Wrapped Dogecoin to Base, Signaling New Institutional Interest in DOGE appeared first on Baseless.
Coinbase將包裹的Dogecoin帶到基礎上,表明Doge的新機構興趣首先出現在毫無根據。
.
。
The post Coinbase to Bring Wrapped Dogecoin to Base, Signaling New Institutional Interest in DOGE appeared first on Baseless.
Coinbase將包裹的Dogecoin帶到基礎上,表明Doge的新機構興趣首先出現在毫無根據。
The post Coinbase to Bring Wrapped Dogecoin to Base, Signaling New Institutional Interest in DOGE appeared first on Baseless.
Coinbase將包裹的Dogecoin帶到基礎上,表明Doge的新機構興趣首先出現在毫無根據。
.
。
The post Coinbase to Bring Wrapped Dogecoin to Base, Signaling New Institutional Interest in DOGE appeared first on Baseless.
Coinbase將包裹的Dogecoin帶到基礎上,表明Doge的新機構興趣首先出現在毫無根據。
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