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网络正在经历活动和投资者兴趣的复兴,这表明了Doge价格潜在的新公牛周期的早期迹象。
Meanwhile, the broader crypto market remains bullish, with Ethereum (ETH) outperforming Bitcoin, prompting speculation that an altcoin season may be imminent.
同时,更广泛的加密货币市场仍然看涨,以太坊(ETH)的表现优于比特币,促使人们猜测可能即将出现山寨币季节。
Dogecoin Network Records Rising Activity: What is Driving The Surge?
Dogecoin网络记录的活动上升活动:什么在推动激增?
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.
玻璃节有关的数据表明,截至5月14日,Dogecoin的活动地址从5月7日的61,892增加到674,527。这一周内激增了近990%,这表明更新了用户参与和交易量。
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.
期货市场利益的急剧增长伴随着网络使用的激增。根据最近的数据,在过去一周中,Doge Futures的开放兴趣(OI)增长了66%以上。具体而言,它从5月7日至14日之间从9.89亿美元攀升至16.5亿美元。
The sharp increase in leveraged positions indicates growing trader confidence and anticipation of volatile price action.
杠杆位置的急剧增加表明,交易者的信心和对波动价格行动的预期。
The post Coinbase to Bring Wrapped Dogecoin to Base, Signaling New Institutional Interest in DOGE appeared first on Baseless.
Coinbase将包裹的Dogecoin带到基础上,表明Doge的新机构兴趣首先出现在毫无根据。
The post Coinbase to Bring Wrapped Dogecoin to Base, Signaling New Institutional Interest in DOGE appeared first on Baseless.
Coinbase将包裹的Dogecoin带到基础上,表明Doge的新机构兴趣首先出现在毫无根据。
.
。
The post Coinbase to Bring Wrapped Dogecoin to Base, Signaling New Institutional Interest in DOGE appeared first on Baseless.
Coinbase将包裹的Dogecoin带到基础上,表明Doge的新机构兴趣首先出现在毫无根据。
The post Coinbase to Bring Wrapped Dogecoin to Base, Signaling New Institutional Interest in DOGE appeared first on Baseless.
Coinbase将包裹的Dogecoin带到基础上,表明Doge的新机构兴趣首先出现在毫无根据。
.
。
The post Coinbase to Bring Wrapped Dogecoin to Base, Signaling New Institutional Interest in DOGE appeared first on Baseless.
Coinbase将包裹的Dogecoin带到基础上,表明Doge的新机构兴趣首先出现在毫无根据。
Analytics Insight: Latest AI, Crypto, Tech News & Analysis
https://www.facebook.com/TechBullion/
Insights
https://web.facebook.com/Coinfomania/
https://www.facebook.com/newsbtc