DOG•GO•TO•THE•MOON (DOG) 是一種基於Runes 協議的基於比特幣的模因幣，它已成為不斷增長的加密生態系統成功的證據，該生態系統建立在曾經被認為昂貴且低效率的比特幣之上區塊鏈。

它的崛起正在挑戰傳統的敘事方式，並展示了該網路擁抱新型數位資產的潛力。截至本文撰寫時，在傳言即將在頂級交易所上市後，該項目的市值已超過 7 億美元。

A Bitcoin-based meme coin (DOG) has become a testament to the success of the growing crypto ecosystem that is being built on top of the once-costly and inefficient Bitcoin blockchain.

基於比特幣的迷因幣（DOG）已成為不斷增長的加密生態系統成功的證明，該生態系統建立在曾經成本高昂且效率低下的比特幣區塊鏈之上。

Its ascent is challenging traditional narratives and showing the potential of this network to embrace new types of digital assets. At the time of writing, the market cap of this project exceeds $700 million after being propelled by rumors that it could be listed on top exchanges soon.

它的崛起正在挑戰傳統的敘事方式，並展示了該網路擁抱新型數位資產的潛力。截至本文撰寫時，在傳言即將在頂級交易所上市後，該項目的市值已超過 7 億美元。

DOG is distinct from other meme coins, such as those minted on the Solana blockchain, as it uses the robust infrastructure of the Bitcoin network to settle transactions. The Runes protocol was developed by Casey Rodarmor and represents one of the latest and most ground-breaking innovations in the Bitcoin ecosystem since its launch.

DOG 與其他迷因幣（例如在 Solana 區塊鏈上鑄造的幣）不同，因為它使用比特幣網路強大的基礎設施來結算交易。 Runes 協議由 Casey Rodarmor 開發，代表了比特幣生態系統自推出以來最新、最具突破性的創新之一。

Unlike many speculative tokens that emerged only to fade quickly, DOG has managed to capture the attention of investors for months now by leveraging the innovative Runes protocol and creating a compelling narrative around Bitcoin-native digital assets.

與許多出現後很快就會消失的投機性代幣不同，DOG 透過利用創新的Runes 協議並圍繞比特幣原生數位資產創造了引人注目的敘述，幾個月來已經成功吸引了投資者的注意力。

DOG Was Entirely Distributed Among Early Adopters of the Runes Protocol

DOG 完全分佈在符文協議的早期採用者中

The DOG project commenced in April 2024 when holders of the Runestone Ordinals, the Genesis asset that preceded the official Runes token, received the total supply of DOG tokens, which is 100 billion.

DOG 計畫於 2024 年 4 月啟動，當時 Runestone Ordinals（官方 Runes 代幣之前的創世資產）的持有者收到了 DOG 代幣的總供應量，即 1000 億個。

The idea was to reward early adopters of the Runes protocol with an additional type of asset that could be valuable at some point. In total, 75,000 wallets received the airdrop. This strategic distribution method ensured that the most committed supporters of the Runes project were the first to receive the token.

這個想法是為了獎勵 Runes 協議的早期採用者一種在某些時候可能有價值的額外類型的資產。總共有 75,000 個錢包收到了空投。這種策略分配方法確保了 Runes 計畫最忠實的支持者是第一個收到代幣的人。

The project’s creator, Leonidas, kept none of the DOG tokens for himself or the team behind the Runes project. His approach enticed crypto enthusiasts who saw it as a remarkable display of embracement for the core principles that make blockchain technology a disruptive force – its decentralized nature.

該專案的創建者 Leonidas 沒有為自己或 Runes 專案背後的團隊保留任何 DOG 代幣。他的方法吸引了加密貨幣愛好者，他們認為這是對使區塊鏈技術成為顛覆性力量的核心原則（其去中心化性質）的非凡表現。

“DOG lives at the intersection of the two major narratives this cycle, which are meme coins and Bitcoin,” Leonidas explained at the time.

「DOG 生活在這個週期的兩個主要敘述的交匯處，即模因幣和比特幣，」列奧尼達斯當時解釋道。

His transparent approach resonated deeply within the crypto community. By eschewing traditional fundraising methods like presales or paid promotions, DOG established itself as a pro-decentralization movement.

他透明的做法在加密貨幣社群中引起了深刻的共鳴。透過避開預售或付費促銷等傳統籌款方法，DOG 確立了自己作為支持權力下放運動的地位。

The project explicitly committed to not paying for centralized exchange (CEX) listings or engaging with market makers to increase its liquidity. Instead, the community pledged to focus on organic growth and engagement.

該項目明確承諾不支付中心化交易所（CEX）上市費用或與做市商合作以增加其流動性。相反，社區承諾專注於有機成長和參與。

DOG’s Market Cap Could Surge to $1BN Again if Listing Rumors are Confirmed

如果上市傳聞得到證實，DOG 市值可能再次飆升至 10 億美元

DOG has experienced a remarkable journey since its launch, reaching a market cap of nearly $1 billion at some point at the beginning of June – roughly a month after the token was launched – and maintaining some of those early gains along the way.

DOG 自推出以來經歷了一段非凡的旅程，在 6 月初（大約在該代幣推出一個月後）的某個時刻達到了近 10 億美元的市值，並在此過程中保持了一些早期收益。

Despite experiencing the natural volatility tied to the crypto ecosystem throughout the following months, the token has been attracting investors’ interest to the point that the lowest level its market cap reached was above $200 million – still a decent value for a digital asset with no practical utility.

儘管在接下來的幾個月裡經歷了與加密生態系統相關的自然波動，但該代幣一直吸引著投資者的興趣，其市值達到的最低水平超過2 億美元——對於沒有實際用途的數字資產來說，仍然具有不錯的價值。

However, DOG’s trajectory has changed in the past few days as rumors that it could be listed on Kraken have propelled its aggregated value from $330 million at the beginning of November to nearly $800 million as of today.

然而，DOG 的發展軌跡在過去幾天發生了變化，有傳言稱其可能在 Kraken 上市，使其總價值從 11 月初的 3.3 億美元增加到今天的近 8 億美元。

The crypto community is also excited by the possibility that the project could be listed on Binance and traders are already predicting that its market cap will surpass $1 billion if these rumors are confirmed in the following weeks.

加密社群也對該項目可能在幣安上市的可能性感到興奮，交易者已經預測，如果這些謠言在接下來的幾週內得到證實，其市值將超過 10 億美元。

The number of DOG mentions across social media platforms like X and messaging boards like Reddit has increased dramatically lately as community members are leveraging these rumors to promote the token and turn a quick profit.

最近，隨著社群成員利用這些謠言來推廣該代幣並快速獲利，X 等社群媒體平台和 Reddit 等留言板中提及 DOG 的數量急劇增加。

This organic approach may be attracting more interest to the asset than traditional paid promotional strategies, industry observers highlight.

產業觀察家強調，這種有機方法可能比傳統的付費促銷策略更能吸引人們對資產的興趣。

Runes Account for More than Half of Fungible Tokens Transactions Already

符文已經佔同質代幣交易的一半以上

The Runes protocol allows developers to create fungible tokens on the Bitcoin blockchain. It solves the scalability issues that have plagued the Bitcoin ecosystem since its launch and represents a significant innovation and technological advancement for the network.

Runes 協議允許開發人員在比特幣區塊鏈上創建可替代的代幣。它解決了自推出以來一直困擾比特幣生態系統的可擴展性問題，代表了網路的重大創新和技術進步。

Previous projects involving the creation of BRC-20 tokens failed to entice the community to the extent that Runes has. Currently, BRC-20 tokens are responsible for only 55% of all fungible token transactions, down from a previous reading of almost 95%.

先前涉及創建 BRC-20 代幣的專案未能像 Runes 那樣吸引社區。目前，BRC-20 代幣僅佔所有可替代代幣交易的 55%，低於先前的近 95%。

The influence of Runes on the overall transaction volume of fungible assets within the Blockchain network marks a pivotal moment for a network that should supposedly become the world’s most efficient alternative for cross-border payments.

符文對區塊鏈網路內可替代資產整體交易量的影響標誌著該網路的關鍵時刻，該網路理應成為世界上最有效的跨境支付替代方案。

Rodarmor’s vision for the protocol was provocative from the beginning. He described it as a means for people to create “shitcoins” on the Bitcoin network and explore its boundaries. DOG is a great example that this approach is apparently working and may help the ecosystem attract additional developers.

羅達莫對該協議的願景從一開始就具有挑釁性。他將其描述為人們在比特幣網路上創建「垃圾幣」並探索其邊界的一種手段。 DOG 是一個很好的例子，表明這種方法顯然有效，並且可能有助於生態系統吸引更多的開發人員。

To its advantage, the Bitcoin network and its flagship native token BTC hold an edge over the significant number of alternative blockchains that have emerged lately with the promise of providing a scalable and efficient ecosystem

就其優勢而言，比特幣網路及其旗艦原生代幣 BTC 相對於最近出現的大量替代區塊鏈具有優勢，這些區塊鏈承諾提供可擴展且高效的生態系統