狗狗幣在混亂的交易時段中暴漲暴跌

狗狗幣是一種基於 meme 的加密貨幣，飆升至歷史新高，但隨後週二下跌 15.4%。社群媒體平台上的狗狗幣粉絲使用 #DogeDay 和 #DogeDay420 標籤推動了這一漲勢，導致其市值暫時超過 500 億美元。然而，在失去動力後，其市值暴跌約450億美元。

Meme-Based Cryptocurrency Dogecoin Surges and Plummets in Wild Trading Session

基於迷因的加密貨幣狗狗幣在狂野的交易中飆升暴跌

LONDON/NEW YORK (Reuters) - The meme-inspired cryptocurrency Dogecoin experienced a turbulent trading session on Tuesday, soaring to an all-time high before losing steam and crashing back down.

倫敦/紐約（路透社） - 受模因啟發的加密貨幣狗狗幣在周二經歷了動蕩的交易時段，飆升至歷史新高，然後失去動力並暴跌。

Driven by a dedicated community of supporters who employed hashtags to fuel a rally, Dogecoin initially ascended to a record peak of $0.42, according to CoinMarketCap. During this meteoric rise, its market capitalization soared to over $50 billion, briefly eclipsing established cryptocurrencies like Litecoin and Tether.

根據 CoinMarketCap 的數據，在一群熱心的支持者社群的推動下，狗狗幣最初升至 0.42 美元的歷史新高。在這一飛速上漲過程中，其市值飆升至超過 500 億美元，短暫超過了萊特幣和 Tether 等成熟的加密貨幣。

However, the rally proved unsustainable, and Dogecoin subsequently plummeted by 15.4% to $0.33. As a result, its market capitalization dropped precipitously by approximately $45 billion. By comparison, the market cap of bitcoin, the dominant cryptocurrency, currently stands at over $1 trillion.

然而，漲勢被證明是不可持續的，狗狗幣隨後暴跌 15.4% 至 0.33 美元。結果，其市值急劇下降約450億美元。相比之下，占主導地位的加密貨幣比特幣的市值目前超過 1 兆美元。

Dogecoin enthusiasts exploited hashtags such as #DogeDay and #DogeDay420 to propagate memes, messages, and videos across social media platforms like Twitter, Reddit, and TikTok. These hashtags alluded to the informal April 20th holiday dedicated to the celebration of cannabis, often marked by smoke-ins and street festivities.

狗狗幣愛好者利用 #DogeDay 和 #DogeDay420 等主題標籤在 Twitter、Reddit 和 TikTok 等社群媒體平台上傳播表情符號、訊息和影片。這些標籤暗指 4 月 20 日這個非正式的節日，專門慶祝大麻，通常以吸煙和街頭慶祝活動為標誌。

"GIMME THAT DOGECOIN LAMBO!!! #DogeDay," tweeted one user, referencing the Lamborghini sports car that holds cultural significance within the cryptocurrency community.

一位用戶在推特上寫道：“給我那輛狗幣蘭博！！！#DogeDay”，他指的是在加密貨幣社區中具有文化意義的蘭博基尼跑車。

Dogecoin's remarkable price surge this year, which has exceeded 8,000%, has propelled the cryptocurrency from its origins as a satirical critique of the 2013 cryptocurrency craze to a position among the six largest coins. Dogecoin's logo features a Shiba Inu dog, the focal point of the meme, and the cryptocurrency can be traded on various crypto exchanges and mainstream trading apps.

狗狗幣今年的價格大幅飆升，漲幅超過 8,000%，將這種加密貨幣從最初作為對 2013 年加密貨幣熱潮的諷刺批判，推升至六大加密貨幣之一。狗狗幣的標誌是一隻柴犬，這是迷因的焦點，這種加密貨幣可以在各種加密貨幣交易所和主流交易應用程式上進行交易。

"The current retail fervor for Dogecoin is unlikely to dissipate entirely," said Edward Moya, senior market analyst at online FX trading platform OANDA. "However, a 'sell the event reaction' for the cryptocurrency is anticipated."

線上外匯交易平台 OANDA 的高級市場分析師愛德華·莫亞 (Edward Moya) 表示：“當前散戶對狗狗幣的熱情不太可能完全消散。” “然而，預計加密貨幣將出現‘賣出事件反應’。”

Diana Biggs, CEO of crypto startup Valour, observed an intriguing convergence in Dogecoin's rise. "A meme coin initially conceived as a jest for early crypto adopters, whose community embraced its playful nature, now resonates with a new generation of retail investors for whom memes are an integral form of communication."

加密新創公司 Valour 的執行長 Diana Biggs 觀察到狗狗幣崛起過程中出現了一個有趣的趨同現象。 「迷因硬幣最初被認為是早期加密貨幣採用者的一個玩笑，其社區接受了它的有趣本質，現在引起了新一代散戶投資者的共鳴，對他們來說，模因是一種不可或缺的溝通形式。

Role of Online Trading and Social Media

線上交易和社交媒體的作用

Dogecoin's surge occurred amidst a broader trend of increased online trading of stocks and cryptocurrencies by retail investors, many of whom have been confined to their homes and possess excess cash due to the COVID-19 pandemic. The cryptocurrency has yet to gain significant traction in terms of usage for payments or commerce.

狗狗幣的飆升是在散戶投資者在線交易股票和加密貨幣增加的更廣泛趨勢中發生的，其中許多人由於 COVID-19 大流行而被限制在家裡並擁有多餘的現金。加密貨幣在支付或商業用途方面尚未獲得顯著的吸引力。

The surge in online trading apps like Robinhood has also contributed to the social media-driven rally in Dogecoin, a dynamic that has been observed in other instances, such as the GameStop Corp stock phenomenon earlier this year, where retail investors clashed with hedge funds.

Robinhood 等線上交易應用程式的激增也推動了社群媒體驅動的狗狗幣上漲，這種動態在其他情況下也出現過，例如今年稍早的GameStop Corp 股票現象，其中散戶投資者與對沖基金發生衝突。

"It's an extension of the same phenomenon that propelled Tesla stock to a valuation far beyond its fundamentals and, more recently, fueled the GME (GameStop) short squeeze," explained Ajit Tripathi, head of institutional business at decentralized finance startup Aave.

去中心化金融新創公司Aave 機構業務主管阿吉特·特里帕蒂(Ajit Tripathi) 解釋說：「這是同一現象的延伸，推動特斯拉股票估值遠遠超出其基本面，最近又加劇了GME (GameStop) 的空頭擠壓。

Similar to other cryptocurrencies, Dogecoin's price is heavily influenced by social media users, including Tesla CEO Elon Musk. In February, Musk's tweets about Dogecoin sent its price surging by over 60%.

與其他加密貨幣類似，狗狗幣的價格很大程度上受到社群媒體用戶的影響，包括特斯拉執行長馬斯克。 2 月份，馬斯克關於狗狗幣的推文使其價格飆升了 60% 以上。

According to betting aggregator US-Bookies.com, Dogecoin currently has a 16.7% implied probability of exceeding $1 by the year's end, a substantial increase from its 2.9% probability earlier this month.

根據博彩聚合商 US-Bookies.com 的數據，狗狗幣目前有 16.7% 的隱含機率在年底前超過 1 美元，比本月初的 2.9% 機率大幅增加。