Crypto traders are piling back into meme cryptocurrency Dogecoin (CRYPTO: DOGE), boosting the coin’s 24-hour trading volume by a massive 80% to $850 million, according to CoinMarketCap data.

根據CoinMarketCap的數據，加密貨幣交易者正在重新堆積回到Meme Cryptocurrency Dogecoin（Crypto：Doge），將硬幣的24小時交易量增加了80％至8.5億美元。

This increase in volume comes as DOGE also saw its price rise over the last 24 hours. At press time, DOGE was trading at $0.1617, up 5.07%.

數量的增加是隨著Doge在過去24小時內的價格上漲。發稿時，Doge的交易價格為0.1617美元，增長了5.07％。

Cryptocurrencies rose on Monday, signaling increased investor confidence as the market showed signs of stabilization. BTC surged past $87,000 in the Asian morning hours, while popular cryptocurrencies such as Dogecoin saw gains. The increase reversed some of the losses from the weekend.

加密貨幣週一上升，標誌著投資者的信心增加，因為市場表現出穩定的跡象。 BTC在亞洲早上的時間飆升了87,000美元，而流行的加密貨幣（如Dogecoin）看到了收益。從周末起，增加扭轉了一些損失。

After three days of gains, Dogecoin saw profit-taking over the weekend before recovering early Monday. Dogecoin rose from a low of $0.155 to $0.162 early Monday.

經過三天的收益，Dogecoin在周一早些時候恢復了周末的利潤。 Dogecoin從周一早些時候從0.155美元的低點上升到0.162美元。

What's next?

接下來是什麼？

The daily RSI is approaching the mid-50s, indicating selling pressure and potential consolidation. Sellers might need to push the price above the 50-day SMA at $0.17 to gain an advantage. Dogecoin might rise to $0.20, which is a key level to watch as a break above could complete a double bottom pattern.

每日RSI即將接近50年代中期，表明銷售壓力和潛在的合併。賣方可能需要將價格推高為50天SMA的價格為0.17美元，以獲得優勢。 Dogecoin可能會上升到0.20美元，這是觀察突破的關鍵水平，可以完成雙重底部圖案。

Conversely, a break and close below the $0.14 support could signal the start of the next leg of the downtrend. Dogecoin might then fall to $0.10.

相反，休息並關閉低於$ 0.14的支撐可能會標誌著下一個下降趨勢的開始。然後，Dogecoin可能會跌至0.10美元。

Dogecoin community stays active

Dogecoin社區保持活躍

Dogecoiners around the world recently celebrated “Dogeday” on April 20, which is an unofficial holiday for the Dogecoin community. It gained popularity among the dog coin community four years ago, in 2021.

世界各地的Dogecoiners最近在4月20日慶祝了“ Dogeday”，這是Dogecoin社區的非正式假期。四年前，即2021年，它在狗硬幣社區中廣受歡迎。

The Dogecoin community is closely following the U.S. Securities and Exchange Commission as it considers DOGE-related ETF applications.

Dogecoin社區正在密切關注美國證券交易委員會，因為它考慮了與Doge相關的ETF應用程序。

There are four Dogecoin ETF files awaiting approval: Bitwise Dogecoin ETF, Grayscale Dogecoin ETF, 21Shares Dogecoin ETF and Osprey Fund Dogecoin ETF. Grayscale’s ETF application is set for a response on May 21, after the SEC pushed back its decision on other crypto ETF filings.

有四個Dogecoin ETF文件等待批准：dogecoin ETF，灰花dogecoin ETF，21shares dogecoin etf和魚鷹基金Dogecoin ETF。 SEC推遲對其他加密ETF申請的決定後，Grayscale的ETF應用程序將於5月21日進行響應。