在15億美元的Bybit Exchange攻擊之後，Dogecoin（Doge -13.47％）下跌17.5％

Dogecoin（Doge -13.47％）在兩天內下降了17.5％。在撰寫本文時，其價格徘徊在0.20美元左右。在接下來的10個月中，它將需要獲得大約260％的收益才能超過其先前的高點。

Cryptocurrency prices slumped at the end of February following the $1.5 billion hack of the Bybit exchange, while Dogecoin (CRYPTO: DOGE) fell 17.5% in two days.

在15億美元的Bybit Exchange黑客攻擊之後，加密貨幣價格在2月底下跌，而Dogecoin（Crypto：Doge）在兩天內下降了17.5％。

What Happened: At the time of writing, Dogecoin is trading at around $0.21 and would need to gain about 260% in the next 10 months to get above its previous high of $0.73.

發生的事情：在撰寫本文時，Dogecoin的交易價格約為0.21美元，在接下來的10個月內將需要獲得約260％的收益才能超過其先前的高點0.73美元。

In May of 2021, Elon Musk, the self-proclaimed "Dogefather," was due to appear on Saturday Night Live and the Dogecoin community was in a frenzy. Speculation that he might mention the Shibu Inu-themed coin pushed it to a high of $0.73.

2021年5月，自稱為“ Dogefather”的埃隆·馬斯克（Elon Musk）將於週六夜現場演出，而Dogecoin社區處於瘋狂狀態。猜測他可能會提到以INU為主題的硬幣將其提高到0.73美元。

The price started to fall during the show and continued to drop, closing at $0.57 the following day.

節目期間的價格開始下降，並繼續下降，第二天收盤價為0.57美元。

Dogecoin couldn't hold on to its gains and has yet to approach that high in subsequent years. Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), on the other hand, have both set new price records since then.

Dogecoin無法堅持自己的收益，並且在隨後的幾年中還沒有達到這麼高。另一方面，比特幣（Crypto：BTC）和以太坊（Crypto：ETH）從那以後都設定了新的價格記錄。

Historically, Dogecoin spikes when Musk mentions it on social media. However, that’s been less of a driver recently, as Musk was fairly tight-lipped about crypto for a few years.

從歷史上看，當馬斯克在社交媒體上提到狗狗時，狗狗會尖刺。但是，最近這並不是一個駕駛員，因為馬斯克對加密貨幣的行為相當緊密。

Nonetheless, Doge gained over 70% in the days following President Donald Trump’s announcement of the launch of the so-called Department of Government Efficiency (DOGE), tasked with "maximiz[ing] governmental efficiency and productivity."

儘管如此，在唐納德·特朗普總統宣布啟動所謂的政府效率部（DOGE）的日子之後的幾天中，Doge卻獲得了超過70％的成績，該部門負責“ Maximiz Ingimiz Ingimiz Ingimiz Ingimiz Ingrangiz Ingrangiz and Impartive”。

If having a headline-grabbing, Trump-favored initiative share your name hasn’t been enough to get Dogecoin back to $0.73, it’s hard to see what could.

如果有一個頭條新聞，特朗普最喜歡的倡議分享您的名字還不足以使Dogecoin恢復到0.73美元，那麼很難看到可以看到什麼。

Dogecoin's Fundamentals: It can be difficult to find a foothold when analyzing cryptocurrencies. They don't have the balance sheets or profit and loss statements of traditional stocks. One key source of information is the cryptocurrency's "white paper," which tells investors more about its vision, how its blockchain works, and how new tokens or coins will be produced.

Dogecoin的基本面：分析加密貨幣時可能很難找到立足點。他們沒有傳統股票的資產負債表或損益表。一個關鍵的信息來源是加密貨幣的“白皮書”，它更多地告訴投資者其願景，區塊鏈的工作原理以及如何生產新的代幣或硬幣。

Dogecoin doesn't have a white paper because it was created as a joke. Still, in 2021 and 2022, it released a "manifesto" and "trailmap," attempting to give the multibillion-dollar project a purpose.

Dogecoin沒有白皮書，因為它是開玩笑的。儘管如此，在2021年和2022年，它發布了一個“宣言”和“ Trailmap”，試圖使數十億美元的項目成為目的。

While it has achieved some milestones, the manifesto is still worrying. It says, "Being useful, we value utility over technical brilliance." Technical brilliance isn't optional in crypto. It's crucial for security and for merchants' ability to accept Dogecoin payments.

儘管它達到了一些里程碑，但宣言仍然令人擔憂。它說：“很有用，我們將實用性評估為技術才能。”在加密貨幣中，技術光彩不是可選的。這對於安全和商人接受Dogecoin付款的能力至關重要。

A case in point: At the end of 2024, a hacker used a flaw in the Dogecoin system to crash 69% of its nodes. Nodes validate transactions on a blockchain and keep it secure. Developers quickly released an upgrade, but it shows that utility isn't worth much if it isn't backed up by robust technology.

一個很好的例子：在2024年底，黑客使用Dogecoin系統中的缺陷崩潰了其節點的69％。節點在區塊鏈上驗證交易並確保其安全。開發人員很快發布了升級，但它表明，如果不受強大的技術支持，公用事業公司不值得。

Cryptocurrencies To Look For: Many have taken the fun crypto to heart, and it's spawned a host of other dog- and joke-themed digital currencies. Grayscale has also filed an application with the Securities and Exchange Commission to launch a Dogecoin exchange-traded fund (ETF). If it's approved, that would likely provide a significant boost in terms of adoption and reputation.

要尋找的加密貨幣：許多人都將有趣的加密貨幣帶到了心中，並且催生了許多其他以狗和開玩笑為主題的數字貨幣。 Grayscale還向美國證券交易委員會提出了申請，以啟動Dogecoin交易所交易基金（ETF）。如果獲得批准，這可能會在採用和聲譽方面具有重大的推動。

Nonetheless, fame alone isn't enough, and other crypto projects offer more long-term value. For example, Bitcoin accounts for almost 60% of the total crypto market cap. More retailers accept it as a form of payment than any other crypto. And it's legal tender in two countries.

儘管如此，單獨的名聲還不夠，其他加密項目還提供了更多的長期價值。例如，比特幣幾乎佔加密市值總數的60％。零售商比其他任何加密貨幣都將其視為一種付款方式。這是兩個國家的法定招標。

Ethereum is a top smart-contract crypto, so small pieces of self-executing code can run on its blockchain. This means developers can build decentralized applications (dApps), other cryptocurrencies, and non-fungible tokens (NFTs) on its ecosystem. For each transaction, a small fee is paid in Ethereum.

以太坊是頂尖的智能合同加密貨幣，因此可以在其區塊鏈上運行的一小部分自我執行代碼。這意味著開發人員可以在其生態系統上構建分散的應用程序（DAPP），其他加密貨幣和無殺菌令牌（NFTS）。對於每筆交易，以太坊支付了少量費用。

Ethereum's blockchain has 5,000 dApps, accounting for $100 billion in locked value, per DappRadar. It's successfully released several serious upgrades in recent years and has more developer activity than any other crypto.

以太坊的區塊鏈有5,000個DAPP，每個Dappradar佔1000億美元的鎖定價值。近年來，它已成功發布了幾次認真的升級，並且比其他任何加密貨幣都擁有更多的開發人員活動。

All cryptocurrencies carry risk. However, Bitcoin's dominance by market cap and Ethereum's smart contracts give them stronger foundations than Dogecoin.

所有加密貨幣都有風險。但是，比特幣佔據主場上限和以太坊的智能合約的主導地位使他們比Dogecoin更強大。

Going Higher?

更高？

Dogecoin is unlikely to reclaim its all-time high this year, if ever. Moreover, investing in Dogecoin in the hope of significant gains is a highly speculative play. Invest only money you can afford to lose, and make sure it's part of a diversified portfolio. That way, if Dogecoin does fail, it won't derail your finances.

Dogecoin不太可能在今年（如果有的話）恢復其歷史最高水平。此外，投資Dogecoin希望獲得巨大的收益是一項高度投機性的作用。僅投資您能負擔得起的錢，並確保它是多元化投資組合的一部分。這樣，如果Dogecoin確實失敗了，那將不會使您的財務狀況脫軌。