狗狗幣（加密貨幣：DOGE）不再是沉睡的狗

全球最受歡迎的 Meme 幣在過去 30 天內上漲了 188%，今年迄今上漲了 340%。

Dogecoin (CRYPTO: DOGE) has enjoyed a remarkable resurgence in the aftermath of Donald Trump's victory in the U.S. presidential election. The world's most popular meme coin is now up 188% over the past 30 days, and a staggering 340% year to date.

唐納德·川普在美國總統大選中獲勝後，狗狗幣（加密貨幣：DOGE）出現了顯著的復甦。全球最受歡迎的 Meme 幣在過去 30 天內上漲了 188%，今年迄今上漲了 340%。

What's driving Dogecoin's recent ascent? Is this yet another example of a meme coin exploding in value due to hype and buzz, or is there something really behind Dogecoin's recent resurgence? Let's take a closer look.

是什麼推動了狗狗幣最近的上漲？這是迷因幣因炒作和熱議而價值爆炸的另一個例子，還是狗狗幣最近的復甦背後確實有什麼原因？讓我們仔細看看。

The Elon Musk narrative

伊隆馬斯克的敘述

Dogecoin's return to prominence has been fueled by the pro-crypto optimism surrounding the Trump administration. On the campaign trail, Trump made several pro-crypto promises. While none of them pertain specifically to Dogecoin, they do point to a new pro-business regulatory regime for crypto, as well as the growing mainstream acceptance of crypto within the investment world. All of that, of course, would be positive for Dogecoin.

川普政府對加密貨幣的樂觀情緒推動了狗狗幣的重新崛起。在競選過程中，川普做出了多項支持加密貨幣的承諾。雖然它們都不是專門針對狗狗幣的，但它們確實指出了新的有利於商業的加密貨幣監管制度，以及投資界對加密貨幣日益增長的主流接受度。當然，所有這些對狗狗幣都是正面的。

But what really seems to be behind Dogecoin's breakout is the unofficial support of billionaire Elon Musk, who has been tasked by Trump with creating a new Department of Government Efficiency, or DOGE for short. As a result, "DOGE" has been making headlines in the traditional financial media and on social media. Since DOGE is the ticker symbol for Dogecoin, it's easy to see why crypto traders have been rushing to buy this meme coin.

但狗狗幣突破的真正背後似乎是億萬富翁伊隆馬斯克的非官方支持，川普委託他創建一個新的政府效率部（簡稱 DOGE）。因此，「DOGE」一直成為傳統財經媒體和社群媒體的頭條新聞。由於 DOGE 是狗狗幣的股票代碼，因此很容易理解為什麼加密貨幣交易者一直在爭先恐後地購買這種迷因硬幣。

While Musk has never officially said that Dogecoin would become a part of the future of DOGE, the anticipation is that somehow the tech billionaire will find a way to integrate crypto into its strategy. Maybe Musk will help make it possible to pay your taxes in Dogecoin instead of dollars one day?

儘管馬斯克從未正式表示狗狗幣將成為 DOGE 未來的一部分，但人們預計這位科技億萬富翁會以某種方式找到一種將加密貨幣整合到其策略中的方法。也許有一天，馬斯克會幫你用狗狗幣而不是美元來繳稅？

It's the same kind of anticipation that stoked a mini-rally in Dogecoin when Musk acquired Twitter (now known as X) in April 2022. Crypto bulls thought Dogecoin integration for Twitter would be coming soon, given Musk's prior support for Dogecoin. More than two years later, it has thus far not materialized.

當馬斯克在2022 年4 月收購Twitter（現稱為X）時，正是這種預期引發了狗狗幣的小幅上漲。狗狗幣整合很快就會到來。兩年多過去了，這個想法至今仍未實現。

Coinbase joins the DOGE debate

Coinbase 加入 DOGE 辯論

If it were just Musk banging the drum for DOGE, it might be easy to ignore the latest Dogecoin hype. After all, we've seen this same story before with Twitter. But now a number of high-profile business leaders are starting to talk up DOGE. One of those is Brian Armstrong, CEO of Coinbase Global.

如果只是馬斯克為狗狗幣敲鼓，人們可能很容易忽略最新的狗狗幣炒作。畢竟，我們之前在 Twitter 上也看過同樣的故事。但現在一些知名商界領袖開始談論 DOGE。其中之一是 Coinbase Global 執行長 Brian Armstrong。

According to Armstrong, DOGE — the government entity, not the coin — is all about economic freedom, reducing the size of government and eradicating government waste. He has even suggested that DOGE might lead to the abolishment of the individual income tax or a new constitutional amendment to limit government spending. So we're not just talking about a few nips and tucks to save the government some money, we're talking about huge, fundamental ideas that could influence the future of America.

阿姆斯壯認為，DOGE（政府實體，而不是硬幣）的全部意義在於經濟自由、縮小政府規模和消除政府浪費。他甚至暗示 DOGE 可能會導致廢除個人所得稅或製定新的憲法修正案以限制政府支出。因此，我們談論的不僅僅是為了給政府節省一些錢而進行的一些小改動，我們談論的是可能影響美國未來的巨大的、基本的想法。

Why do people invest in meme coins?

人們為什麼要投資模因幣？

That's why I think Dogecoin's recent rally is more than just a fad — it points to something significant happening within American society. And that's not necessarily a good thing.

這就是為什麼我認為狗狗幣最近的上漲不僅僅是一種時尚——它表明美國社會正在發生一些重大的事情。這不一定是好事。

People invest in meme coins when they don't have confidence in traditional assets. People buy into the narrative that meme coins will make them rich overnight because they have lost faith in the American dream. And they buy meme coins instead of fiat currencies (such as the U.S. dollar) because they have lost confidence in the "full faith and credit of the federal government."

當人們對傳統資產沒有信心時，他們就會投資迷因幣。人們相信迷因幣會讓他們一夜致富的說法，因為他們對美國夢失去了信心。他們購買模因幣而不是法定貨幣（例如美元），因為他們對「聯邦政府的充分信任和信用」失去了信心。

That might sound like I'm making the case for investing in Dogecoin or other meme coins. I'm not. What I'm saying is that Dogecoin's post-election rally is more than just a fun new way to play the "Trump trade" in the crypto market. It's a symptom of a much bigger problem.

這聽起來像是我在論證投資狗狗幣或其他迷因幣。我不是。我想說的是，狗狗幣在選舉後的反彈不僅僅是在加密市場上進行「川普交易」的一種有趣的新方式。這是一個更大問題的徵兆。

Meme coin mania

米姆硬幣狂熱

In 2025, look for meme coin mania to continue. Crypto investors will likely rotate out of a core group of meme coins — such as Dogecoin, Shiba Inu, Pepe, Bonk and Floki — depending on which one has the greatest momentum. Right now, Dogecoin has all the momentum, but signs suggest Floki might be next, given its new Coinbase listing.

2025 年，迷因幣熱潮將會持續。加密貨幣投資者可能會退出一組核心迷因幣——例如狗狗幣、柴犬幣、佩佩幣、邦克幣和弗洛基幣——這取決於哪一種幣的勢頭最大。目前，狗狗幣勢頭強勁，但有跡象表明，鑑於其新上市的 Coinbase，Floki 可能是下一個。

Just one month before the election, tech billionaire Mark Cuban referred to investing in meme coins as essentially playing a game of musical chairs. It's fun playing the game, as long as you don't get stuck holding the wrong meme coin when the music stops. If you're still considering investing in Dogecoin, you should keep that in mind.

就在大選前一個月，科技億萬富翁馬克‧庫班(Mark Cuban)表示，投資迷因幣本質上就是在玩搶椅子遊戲。玩這個遊戲很有趣，只要當音樂停止時你不會卡住錯誤的迷因硬幣。如果您仍在考慮投資狗狗幣，您應該記住這一點。

Dominic Basulto has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Coinbase Global. The Motley Fool has a disclosure policy.

多明尼克·巴蘇托 (Dominic Basulto) 沒有持有上述任何股票的部位。 Motley Fool 在 Coinbase Global 擁有職位並推薦。 Motley Fool 有揭露政策。

The Motley Fool is a USA TODAY content partner offering financial news, analysis and commentary designed to help people take control of their financial lives. Its content is produced independently of USA TODAY.

Motley Fool 是《今日美國》的內容合作夥伴，提供財經新聞、分析和評論，旨在幫助人們掌控自己的財務生活。其內容獨立於《今日美國》製作。