狗狗幣（加密貨幣：DOGE）可能會上漲一倍以上，達到 1 美元——但它可能不會停留在那裡

對加密貨幣友善的川普政府即將就職。但狗狗幣投資者收到了他們自己的特別禮物。

Bitcoin and Dogecoin are having another stellar year on the cryptocurrency market. As of Dec. 20, Bitcoin is up 120% year to date, while Dogecoin has gained an impressive 375%. Some crypto analysts believe that Dogecoin could more than double from here to reach $1.

比特幣和狗狗幣在加密貨幣市場上又迎來了輝煌的一年。截至 12 月 20 日，比特幣今年迄今上漲 120%，而狗狗幣則上漲了 375%，令人印象深刻。一些加密貨幣分析師認為，狗狗幣可能會從現在的水平上漲一倍以上，達到 1 美元。

After a failed attempt to hit $1 during its last speculative run in 2021, could this finally be the year that Dogecoin reaches the milestone? Let's take a closer look at the meme token and see if it has what it takes to reach $1 in 2024.

在 2021 年最後一次投機運行中試圖觸及 1 美元失敗後，狗狗幣最終會在今年達到這一里程碑嗎？讓我們仔細看看 meme 代幣，看看它是否有能力在 2024 年達到 1 美元。

Bitcoin and cryptocurrency prices are shown in real time. Get the latest crypto prices here.

比特幣和加密貨幣價格即時顯示。在這裡獲取最新的加密貨幣價格。

A crypto-friendly Trump administration is about to take office

對加密貨幣友善的川普政府即將就職

Former President Donald Trump was once a skeptic of cryptocurrencies, but as his bid for reelection gathered momentum in 2024, he took a more open-minded stance to broaden his potential voter base. Now, he might even be described as a crypto advocate.

前總統唐納德·川普曾經對加密貨幣持懷疑態度，但隨著他在 2024 年競選連任的勢頭增強，他採取了更加開放的立場，以擴大自己的潛在選民基礎。現在，他甚至可以被描述為加密貨幣倡導者。

In just the past few months, he told voters he would like to see the U.S. government establish a strategic Bitcoin reserve, and after winning the election, he nominated pro-crypto businessman Paul Atkins to run the Securities and Exchange Commission (SEC). Enthusiasts believe Atkins will implement crypto-friendly regulations, potentially opening the door to new use cases that will help create more value.

就在過去的幾個月裡，他告訴選民，他希望看到美國政府建立比特幣戰略儲備，並在贏得選舉後提名支持加密貨幣的商人保羅·阿特金斯(Paul Atkins)擔任美國證券交易委員會(SEC)的負責人。愛好者相信阿特金斯將實施加密貨幣友善的法規，可能為新的用例打開大門，這將有助於創造更多價值。

But Dogecoin investors received their own special present. Tesla (NASDAQ:TSLA) Chief Executive Officer Elon Musk put his cash and his influence behind the Trump campaign, which undoubtedly helped the now president-elect get over the line. As a result, Trump appointed him to run a new agency called the "Department of Government Efficiency," or DOGE for short.

但狗狗幣投資者收到了他們自己的特別禮物。特斯拉（納斯達克股票代碼：TSLA）執行長馬斯克（Elon Musk）將自己的現金和影響力投入到川普競選活動中，這無疑幫助了這位當選總統越過了界限。結果，川普任命他管理一個名為「政府效率部」（簡稱 DOGE）的新機構。

The acronym is a nod to Dogecoin, which Musk called his favorite cryptocurrency when the token was soaring during 2021. The purpose of DOGE is to slash costs across the U.S. government, and there is no indication that Dogecoin will play any sort of role. But that didn't stop speculators from sending the token soaring in value anyway.

這個縮寫詞是對狗狗幣的致敬，當狗狗幣在2021 年飆升時，馬斯克稱其為他最喜歡的加密貨幣。幣將發揮任何作用。但這並沒有阻止投機者讓代幣價值飆升。

Dogecoin still lacks real fundamentals

狗狗幣仍然缺乏真正的基本面

Dogecoin began 2021 trading at $0.0046, and it soared 15,769% within five months to hit a record high of $0.73. Musk was a big proponent of that incredible rally, as he regularly promoted Dogecoin on social media and even during his appearance on Saturday Night Live on May 8 of that year.

狗狗幣 2021 年開始交易價格為 0.0046 美元，五個月內飆升 15,769%，創下 0.73 美元的歷史新高。馬斯克是這場令人難以置信的反彈的大力支持者，因為他經常在社交媒體上宣傳狗狗幣，甚至在當年 5 月 8 日的《週六夜現場》節目中也是如此。

However, the move was based entirely on speculation, and Dogecoin soon plummeted. Musk tried to support the community by accepting Dogecoin for certain items of merchandise at Tesla near the end of 2021, but it wasn't enough to stop a 92% plunge by mid-2022.

然而，此舉完全基於投機，狗狗幣很快就暴跌。馬斯克試圖在 2021 年底前接受狗狗幣購買特斯拉的某些商品來支持社區，但這不足以阻止到 2022 年中期暴跌 92%。

Simply put, it's almost impossible for cryptocurrencies like Dogecoin to maintain their value unless investors view them as true stores of value (like Bitcoin), or unless consumers and businesses use them in transactions. Dogecoin still hasn't reclaimed its 2021 high, and just 2,503 merchants accept Dogecoin as payment worldwide (according to Cryptwerk), so the meme token isn't ticking either of those boxes.

簡而言之，像狗狗幣這樣的加密貨幣幾乎不可能維持其價值，除非投資者將它們視為真正的價值儲存手段（如比特幣），或者除非消費者和企業在交易中使用它們。狗狗幣仍未恢復 2021 年的高點，全球只有 2,503 家商家接受狗狗幣作為支付方式（根據 Cryptwerk 的數據），因此 Meme 代幣並未滿足這兩個條件。

Hitting $1 is possible, but it probably won't stay there

達到 1 美元是有可能的，但它可能不會停留在那裡

Based on Dogecoin's current price per token of $0.44 and its total supply of 147.1 billion tokens, it currently has a market capitalization of $64 billion.

根據狗狗幣目前每枚代幣 0.44 美元的價格及其 1,471 億枚代幣的總供應量，目前其市值為 640 億美元。

Simple math suggests that a price per token of $1 would give Dogecoin a market capitalization of $147.1 billion. That isn't entirely impossible considering Bitcoin now has a market cap of $2 trillion.

簡單的數學表明，如果每個代幣的價格為 1 美元，狗狗幣的市值將達到 1,471 億美元。考慮到比特幣目前的市值已達 2 兆美元，這並非完全不可能。

Bitcoin has better fundamentals because it has a fixed supply, whereas new Dogecoins can technically be minted indefinitely. Plus, the SEC has approved dozens of Bitcoin exchange-traded funds (ETFs) this year, giving financial advisors and institutional investors a safer, regulated way to invest in the cryptocurrency.

比特幣具有更好的基本面，因為它有固定的供應量，而新的狗狗幣在技術上可以無限期地鑄造。此外，美國證券交易委員會今年也批准了數十隻比特幣交易所交易基金（ETF），為財務顧問和機構投資者提供了更安全、受監管的加密貨​​幣投資方式。

However, it's still just a vehicle for speculation -- investors buy Bitcoin in the hopes it will trade at a higher price in the future, not because it produces earnings or has any intrinsic value.

然而，它仍然只是一種投機工具——投資者購買比特幣是希望它未來能以更高的價格交易，而不是因為它能產生收益或具有任何內在價值。

Since the Trump administration is likely to be a friend to the crypto industry for the next four years, it isn't outside the realm of possibility that Dogecoin blows past its previous all-time high of $0.73 and hits $1 in the near future. However, I think it will be a replay of 2021, so a steep plunge of more than 90% will probably follow eventually.

由於川普政府可能在未來四年內成為加密產業的朋友，因此狗狗幣有可能突破先前 0.73 美元的歷史高點，並在不久的將來觸及 1 美元。不過，我認為這將是 2021 年的重演，因此最終可能會出現超過 90% 的暴跌。

Dogecoin simply doesn't have any real fundamentals to sustain its value over the long term, and since more tokens are constantly being minted, that supply will constantly eat away at the price per token. Investors should definitely be careful buying it here.

狗狗幣根本沒有任何真正的基本面來長期維持其價值，而且由於不斷鑄造更多的代幣，供應量將不斷侵蝕每個代幣的價格。投資者在這裡購買絕對應該謹慎。