Dogecoin社區慶祝Dogeday 4/20，由ETF備受推動

4月20日，Dogecoin社區再次團結起來慶祝“ Dogeday”，這是一種粉絲驅動的傳統，將加密熱情與在線文化結合在一起。

On April 20, the Dogecoin community came together once again to celebrate Dogeday, a fan-driven tradition that combines crypto enthusiasm with online culture. Coinciding with International Weed Day, this event, beginning in 2021, marks a meme-rich movement highlighting the unique identity of Dogecoin holders.

4月20日，Dogecoin社區再次聚在一起慶祝Dogeday，這是一種粉絲驅動的傳統，將加密熱情與在線文化結合在一起。與國際雜草日相吻合的是，從2021年開始，這項活動標誌著模因富裕的運動，突出了狗狗幣的獨特身份。

This year, however, carried a different energy. It wasn’t just about jokes and memes; it was also about potential legitimacy.

然而，今年的能量不同。這不僅僅是笑話和模因；這也與潛在的合法性有關。

The buzz surrounding the Dogecoin ETF filings has added fuel to the meme coin’s momentum. As investors gathered virtually and in-person to mark Dogeday 4/20, many were closely tracking four ETF applications under review, submitted by Bitwise, Grayscale, 21Shares, and Osprey Fund.

Dogecoin ETF文件周圍的嗡嗡聲為模因硬幣的勢頭增加了燃料。隨著投資者實際上和麵對面地匯集了4/20的Dogeday，許多人正在密切跟踪四個正在審查的ETF應用程序，該應用程序由Bitwise，Grayscale，21shares和Osprey Fund提交。

The combination of internet-driven enthusiasm and increasing regulatory attention has thrown Dogecoin into the spotlight again, despite ongoing criticism about its lack of real-world utility.

儘管持續批評其缺乏現實世界的效用，但以互聯網驅動的熱情和越來越多的監管關注的結合再次引起了人們的關注。

Dogecoin: A Token with Nearly Limitless Inflation

Dogecoin：一個幾乎無限通貨膨脹的令牌

What makes Dogecoin particularly unique is its tokenomics. It adds approximately 14.4 million new coins into circulation every day, contributing to a daily inflation rate of around $2.16 million. This results in an annual supply increase of roughly 5 billion coins.

使Dogecoin特別獨特的是它的象徵性。它每天增加了大約1440萬個新硬幣，每天的通貨膨脹率約為216萬美元。這導致每年增加約50億個硬幣。

While many investors view inflation as a red flag, others believe it keeps Dogecoin accessible. Its price remains low, usually under $1, making it an easy entry point for new retail investors.

儘管許多投資者將通貨膨脹視為危險信號，但其他人則認為它可以使Dogecoin保持不可能。它的價格仍然很低，通常不到1美元，這對於新零售投資者來說是一個簡單的切入點。

Dogeday 4/20: More Than Just a Meme Holiday

Dogeday 4/20：不僅僅是模因假期

Among Dogecoin supporters, April 20 has become an unofficial holiday. It began as a lighthearted celebration of memes and cannabis culture, now serving as a marker of Dogecoin’s staying power. Despite constant mockery from traditional finance, the Dogecoin community has remained loyal and loud.

在Dogecoin的支持者中，4月20日已成為一個非正式的假期。它始於輕鬆的模因和大麻文化，現在是Dogecoin持久力量的標誌。儘管傳統財務不斷嘲笑，但Dogecoin社區仍然忠誠和喧鬧。

Blockchain expert Anndy Lian explains that Dogecoin’s strength lies in its passionate, internet-savvy following.

區塊鏈專家Anndy Lian解釋說，Dogecoin的優勢在於其熱情，精通互聯網的追隨者。

“The community enthusiasm, low entry barriers, and speculative fun are what drive Dogecoin. It’s a coin that belongs to the people, not institutions,” Lian said.

Lian說：“社區的熱情，低入的障礙和投機性的樂趣是驅動Dogecoin的原因。這是屬於人民而不是機構的硬幣。”

This sentiment was reflected in this year’s Dogeday 4/20 events, which included online campaigns, meme contests, and celebratory videos shared across platforms like X (formerly Twitter) and TikTok.

這種觀點反映在今年的Doggeday 4/20賽事中，其中包括在線廣告系列，模因競賽以及跨X（以前是Twitter）和Tiktok等平台共享的慶祝視頻。

Anndy Lian: “Unlike Bitcoin or Ethereum, Dogecoin’s inflationary supply, adding roughly 5 billion coins annually, keeps prices accessible, typically under $1, making it psychologically appealing for retail investors.” (Via @Cointelegraph)

Anndy Lian：“與比特幣或以太坊不同，Dogecoin的通貨膨脹供應每年增加約50億枚硬幣，使價格保持可及，通常不到1美元，使其對零售投資者俱有心理吸引力。” （通過@cointelegraph）

Dogecoin ETF Applications: A New Chapter Begins

Dogecoin ETF應用程序：新篇章開始

While the Dogecoin community partied, attention quietly shifted toward something more serious: the possibility of a Dogecoin ETF becoming a reality. Two key applications, from Bitwise and Grayscale, are currently under SEC review, with final decisions expected by October 2025.

當Dogecoin社區參加比賽時，注意力悄悄地轉向了更嚴重的事情：Dogecoin ETF成為現實的可能性。 Bitwise和Grayscale的兩個關鍵應用程序目前正在SEC審查中，預計到2025年10月，最終決定。

These are not small players. Both firms have experience in launching crypto-based financial products and could bring a significant wave of institutional interest to Dogecoin if approved.

這些不是小玩家。兩家公司都有在推出基於加密貨幣的金融產品方面的經驗，如果獲得批准，可能會引起大量的機構興趣。

Meanwhile, ETF proposals from 21Shares and the Osprey Fund are still in earlier stages, awaiting progress on their 19b-4 filings.

同時，來自21shares和Osprey Fund的ETF提案仍處於較早的階段，等待其19b-4文件的進展。

The SEC’s eventual rulings will be pivotal. If any of these applications are approved, it would mark a major turning point in how Dogecoin is viewed, not just as an internet joke, but as a legitimate crypto asset worthy of investment through traditional markets.

SEC的最終裁決將是關鍵的。如果這些應用程序中的任何一個獲得批准，它將標誌著Dogecoin的觀看方式的一個主要轉折點，而不僅是互聯網笑話，而且是值得通過傳統市場投資的合法加密資產。

What Lies Ahead for Dogecoin and the ETF Push?

Dogecoin和ETF推動的前方是什麼？

The growing interest in a Dogecoin ETF raises important questions about the future of meme coins. Will institutional money flood in if regulatory green lights are given? Or will Dogecoin remain the quirky, unpredictable rebel of the crypto world?

對Dogecoin ETF的興趣日益增長，提出了有關模因硬幣未來的重要問題。如果給出監管綠燈，機構資金會洪水嗎？還是Dogecoin仍然是加密世界的古怪，不可預測的叛逆者？

For now, the Dogecoin community is content celebrating its unique culture and legacy. Dogeday 4/20 proved, once again, that Dogecoin is more than a currency; it’s a movement. And with the SEC’s decision on the horizon, it might soon become more than just a meme.

目前，Dogecoin社區正在滿足慶祝其獨特的文化和遺產。 Dogeday 4/20再次證明了Dogecoin不僅僅是一種貨幣。這是一個運動。隨著SEC的決定，它可能很快就會成為模因。

Whether the ETF filings succeed or not, Dogecoin continues to play a pivotal role in shaping how we understand internet-driven financial movements. From jokes to market charts, from memes to meetings with the SEC, Dogecoin’s journey remains one of the most unpredictable and exciting stories in the crypto world.

不管ETF是否成功，Dogecoin在塑造我們如何理解以Internet驅動的財務發展方面發揮著關鍵作用。從笑話到市場圖表，從模因到與SEC的會議，Dogecoin的旅程仍然是加密世界中最不可預測和令人興奮的故事之一。