狗狗幣（加密貨幣：DOGE）正在強勢捲土重來：它還能再上漲 150% 達到 1 美元嗎？

狗狗幣（加密貨幣：DOGE）正在捲土重來。 10 月 31 日，投機性加密貨幣的交易價格比 2021 年 5 月的歷史高點低了 75%。

Dogecoin (CRYPTO: DOGE) has skyrocketed roughly 150% since the start of November as investor excitement soars. But can it climb another 150% to one day reach a new record of $1?

隨著投資者熱情高漲，狗狗幣（加密貨幣：DOGE）自 11 月初以來飆升約 150%。但它能否再上漲 150%，有一天達到 1 美元的新紀錄？

Continue reading to understand Dogecoin's potential price trajectory.

繼續閱讀以了解狗狗幣的潛在價格軌跡。

Key Points

重點

Dogecoin trades at $0.40 as of Dec. 17.

截至 12 月 17 日，狗狗幣的交易價格為 0.40 美元。

The meme token has no maximum supply and 147 billion coins in circulation.

Meme 代幣沒有最大供應量，流通量為 1,470 億枚。

A lack of competitive strengths and developer activity bodes poorly for DOGE.

缺乏競爭優勢和開發者活動對 DOGE 來說是不利的。

Rising speculative behavior in the stock and crypto markets has helped Dogecoin (CRYPTO: DOGE) make a monster comeback.

股票和加密貨幣市場投機行為的增加幫助狗狗幣（加密貨幣：DOGE）捲土重來。

On Oct. 31, the speculative crypto traded 75% below its all-time high of May 2021. But since the start of November, it has skyrocketed roughly 150% as investor excitement soars.

10 月31 日，這種投機性加密貨幣的交易價格比2021 年5 月的歷史高點低了75%。 。

As of the afternoon of Dec. 17, this meme token trades at $0.40. But can it climb another 150% to one day reach a new record of $1? Continue reading to understand Dogecoin's potential price trajectory.

截至 12 月 17 日下午，該 meme 代幣的交易價格為 0.40 美元。但它能否再上漲 150%，有一天達到 1 美元的新紀錄？繼續閱讀以了解狗狗幣的潛在價格軌跡。

Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now.

現在該投資1000美元到哪裡？我們的分析師團隊剛剛透露了他們認為目前最值得買的 10 隻股票。

See the 10 stocks »

看 10 隻股票 »

The bullish case for $1 Dogecoin

1 美元狗狗幣的看漲理由

The stock market has benefited greatly from investor optimism following the presidential election, and so has the broader cryptocurrency market. Even Dogecoin, one of the most speculative tokens out there, has marched higher.

股市因總統選舉後投資者的樂觀情緒而受益匪淺，更廣泛的加密貨幣市場也是如此。即使是最具投機性的代幣之一狗狗幣也走高了。

This trend provides a clear example of the most obvious bullish case for Dogecoin, which is known as the greater fool theory. The idea is that you should buy something not because it has value in itself, but because you will be able to sell at a higher price later to someone less informed. This risky strategy depends on unrelenting hype for whatever you're buying.

這種趨勢為狗狗幣最明顯的看漲案例提供了一個明顯的例子，這被稱為「更大的傻瓜理論」。這個想法是，你應該購買某樣東西，不是因為它本身有價值，而是因為你以後能夠以更高的價格賣給消息較少的人。這種冒險的策略取決於對你所購買的任何東西的無休止的炒作。

It certainly helps that Tesla founder and Chief Executive Officer Elon Musk, who attracts a lot of attention and currently has Donald Trump's ear, has voiced support for Dogecoin. Couple this with the fact that President-elect Donald Trump has said he will put Musk in charge of a new government agency called the Department of Government Efficiency (DOGE) -- which has no relationship with the cryptocurrency -- and speculation about Dogecoin may well intensify.

特斯拉創辦人兼執行長馬斯克（Elon Musk）引起了廣泛關注，目前已得到唐納德·川普的支持，他對狗狗幣表示支持，這無疑有幫助。再加上當選總統唐納德·川普表示，他將讓馬斯克負責一個名為政府效率部（DOGE）的新政府機構——該機構與加密貨幣沒有任何關係——關於狗狗幣的猜測很可能強化。

The bear case for $1 Dogecoin

1 美元狗狗幣的熊盒

It’s not difficult to have a bearish view of Dogecoin. That's because the digital asset doesn't have any competitive strengths.

看跌狗狗幣並不難。這是因為數位資產沒有任何競爭優勢。

Dogecoin was launched in 2013 to be a lighthearted alternative to Bitcoin. It uses a proof-of-work consensus protocol. DOGE tokens can be used to send and receive money. But 10,000 new Dogecoin tokens are created every minute with no maximum supply. There already are 147 billion coins in circulation.

狗狗幣於 2013 年推出，是比特幣的輕鬆替代品。它使用工作量證明共識協議。 DOGE 代幣可用於發送和接收資金。但每分鐘都會創造 10,000 個新的狗狗幣代幣，沒有最大供應量。流通中的硬幣數量已達 1,470 億枚。

On the other hand, Bitcoin has a fixed supply cap of 21 million coins. Moreover, as the world's oldest and most valuable crypto, and with a $2.1 trillion market cap, Bitcoin has the advantages of huge scale, network effects, and a broad and expanding financial ecosystem that puts it head and shoulders above Dogecoin.

另一方面，比特幣的固定供應上限為 2,100 萬枚。此外，作為世界上最古老、最有價值的加密貨幣，比特幣擁有2.1兆美元的市值，其規模巨大、網路效率以及廣泛且不斷擴展的金融生態系統等優勢使其遙遙領先於狗狗幣。

The number of developers working on a project can be an indicator of its potential. It's a good sign if there are smart computer scientists working on a technology to boost utility and adoption. But according to venture firm Electric Capital, Dogecoin isn't one of the top 100 blockchain networks by developer activity. That's not an encouraging sign.

從事某個專案的開發人員數量可以作為其潛力的指標。如果有聰明的電腦科學家致力於一項技術來提高實用性和採用率，這是一個好兆頭。但根據創投公司 Electric Capital 的數據，狗狗幣並不是開發者活動排名前 100 名的區塊鏈網路之一。這不是一個令人鼓舞的跡象。

Dogecoin is a gamble I'm willing to make

狗狗幣是我願意進行的一場賭博

I'm not a buyer of Dogecoin because I believe the bear case, which is mainly that it doesn't have any notable competitive strengths. And this case could become more popular, leading to the market viewing it as worthless.

我不是狗狗幣的買家，因為我相信悲觀的觀點，主要是它沒有任何顯著的競爭優勢。而這個案例可能會變得更受歡迎，導致市場認為它毫無價值。

But I can certainly understand how much speculation among the investment community matters. And this could keep supporting Dogecoin's price for the foreseeable future.

但我當然可以理解投資界的投機行為有多重要。這可能會在可預見的未來繼續支撐狗狗幣的價格。

Therefore, I honestly wouldn't be surprised if Dogecoin continues having random spurts, like the one it's experiencing now, that eventually get it to the $1 mark. But such spurts will be unpredictable, as they're not based on anything fundamental.

因此，老實說，如果狗狗幣繼續像現在這樣隨機飆升，最終達到 1 美元大關，我真的不會感到驚訝。但這種激增將是不可預測的，因為它們不是基於任何基本面。

And if the coin does get to $1, it will probably see a huge decline not long after. Buying this crypto is nothing more than a gamble, so I think the best thing long-term investors can do is avoid it.

如果代幣確實達到 1 美元，不久之後它可能會大幅下跌。購買這種加密貨幣無非是一場賭博，所以我認為長期投資者能做的最好的事情就是避免它。

Should you invest $1,000 in Dogecoin right now?

現在您應該投資 1,000 美元購買狗狗幣嗎？

Before you buy stock in Dogecoin, consider this:

在購買狗狗幣股票之前，請考慮以下因素：

The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Dogecoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.

Motley Fool Stock Advisor 分析師團隊剛剛確定了他們認為最適合投資者購買的 10 隻股票…而狗狗幣不是其中之一。入選的 10 隻股票可能會在未來幾年產生巨額回報。