The broader cryptocurrency market has entered consolidation, but Dogecoin (CRYPTO: DOGE) price defied the market trend, gaining 5% in the last 24 hours.

更广泛的加密货币市场已经进入合并，但是Dogecoin（加密：Doge）价格违背了市场趋势，在过去24小时内获得了5％的趋势。

What Happened: As of Friday morning, Dogecoin is trading at $0.1852, up 5% in the last 24 hours. The meme coin's daily trading volumes shot up 111% to $1.58 billion, hinting at strong bullish sentiment.

发生了什么：截至周五早上，Dogecoin的交易价格为0.1852美元，在过去24小时内增长了5％。模因硬币的日常交易量增长了111％，至15.8亿美元，暗示了强烈的看涨情绪。

Today's price rally comes amid the Dogecoin Foundation's announcement of building the DOGE reserves.

今天的价格集会是在Dogecoin基金会宣布建造Doge储备的情况下举行的。

The foundation said it will be purchasing 10 million Dogecoin, valued at approximately $1.8 million, and ensuring the long-term Dogecoin price stability and credibility. The funds for the purchases will come from a grant provided by a donor, who wishes to remain anonymous, it added.

该基金会表示，它将购买1000万个狗狗币，价值约180万美元，并确保长期的Dogecoin价格稳定性和信誉。它补充说，购买的资金将来自希望保持匿名的捐助者提供的赠款。

The foundation's initiative aims to boost the meme coin's stability and appeal to institutional investors.

该基金会的倡议旨在提高模因硬币的稳定性并吸引机构投资者。

"We are focused on increasing the stability and longevity of Dogecoin by creating an enduring and substantial reserve. This initiative will be crucial in attracting institutional interest and investment in Dogecoin, ultimately leading to the coin's further adoption and utility," said the Dogecoin Foundation.

Dogecoin Foundation表示：“我们专注于通过创建持久和实质性的储备来提高Dogecoin的稳定性和寿命。这项倡议对于吸引对Dogecoin的机构兴趣和投资至关重要，最终导致了硬币的进一步采用和实用性。”

The interest from institutions in meme coins has been increasing in recent days, with Dogecoin at the forefront of it.

最近几天，机构对模因硬币的兴趣一直在增加，而Dogecoin处于最前沿。

Also Read: Is Dogecoin Price Poised For A 100% Rally?

另请阅读：Dogecoin价格是否准备为100％的集会？

The cryptocurrency market has seen a shift in focus towards meme coins, especially with the possibility of meme coin exchange-traded funds later this year.

加密货币市场已经将重点转移到模因硬币上，尤其是在今年晚些时候由Meme Coin Exchange Trade的资金的可能性。

According to crypto betting platform Polymarket, there is a 72% probability of a Dogecoin ETF launching by the year-end, a significant jump from just 27% at the start of January.

根据加密博彩平台Polymarket的数据，到年底发射Dogecoin ETF的可能性为72％，从1月初的27％起到了显着增长。

Dogecoin's price has shown relative strength, holding above the crucial support levels of $0.16 and bouncing back from there.

Dogecoin的价格显示出相对强度，超过了0.16美元的关键支撑水平，并从那里弹跳。

Technical analyst ZAYK Charts identified a falling wedge pattern in Dogecoin's daily chart, suggesting a potential bullish breakout. The falling wedge is typically considered a bullish reversal pattern, indicating that the asset may experience upward momentum if it breaks above the upper resistance line.

技术分析师Zayk Charts在Dogecoin的每日图表中确定了楔形模式，这表明潜在的看涨突破。掉落的楔子通​​常被认为是看涨的逆转模式，表明如果资产在上部电阻线上破裂，资产可能会向上势头。

The breakout from this stage could stage a 100% rally moving ahead, as shown in the chart below.

如下图所示，此阶段的突破可能会进行100％的集会前进。

Credit: ZAYK Charts

学分：Zayk图表

Crypto market analysts predict that DOGE has been showing major strength with the potential for a parabolic rally to $1. Supporting this is Dogecoin's on-chain data, such as DOGE open interest (OI) and funding rates have been showing strength.

加密市场分析师预测，Doge一直表现出主要的实力，抛物线会议可能会达到1美元。支持这一点的是Dogecoin的链链数据，例如Doge Open Isport（OI）和资金率已经显示出强度。

As of Friday, Dogecoin's open interest in the futures market surged to $1.80 billion, recovering from a four-month low of $1.33 billion on March 11.

截至周五，Dogecoin在期货市场上的开放兴趣飙升至180亿美元，从3月11日的四个月低点恢复了13.3亿美元。

Moreover, DOGE's weekly funding rates turned positive, climbing to 0.157% after dipping into negative territory on March 21. These rates, which denote the premium or discount at which an asset trades in the spot market compared to the futures market, are typically positive during bull markets and negative during bear markets.

此外，Doge的每周筹资率在3月21日浸入负地区后升至0.157％。这些费率表示与期货市场相比，在现货市场中的资产交易的溢价或折扣，通常在牛市中是正面的，在熊市中是负面的。

See More: Top 5 Cryptocurrencies To Watch This Week: Bitcoin, Ethereum, Dogecoin And 2 More

查看更多：本周观看的前5个加密货币：比特币，以太坊，狗狗和2个