Meme Token Dogecoin可以超越云網絡巨頭Arista網絡嗎？

加密貨幣在總統唐納德·特朗普（Donald Trump）在選舉之夜取得勝利之後的攀登確實非常出色。比特幣（世界上最大的加密貨幣）的價格飆升了100,000美元，許多Altcoins也飆升。

Cryptocurrency has seen a remarkable ascent following President Donald Trump's victory on election night. The price of Bitcoin, the world's largest cryptocurrency, has surged past $100,000 and many altcoins have also skyrocketed.

在唐納德·特朗普（Donald Trump）在選舉之夜的勝利之後，加密貨幣在大選之後取得了驚人的上升。比特幣的價格是世界上最大的加密貨幣，已經飆升了100,000美元，許多Altcoins也飆升。

The price of meme token Dogecoin (DOGE -11.24%) has surged 112% since election night. Crypto proponents are optimistic about a regulatory environment that is less burdensome than under former President Joe Biden and likely outright bullish for the sector. Dogecoin's market cap has now surpassed $49.5 billion as I write this, rivaling many large and developed tech and artificial intelligence (AI) companies. Can Dogecoin eventually surpass cloud networking giant Arista Networks (ANET 1.20%), which has a market cap around $143 billion?

自選舉之夜以來，模因dogecoin的價格（總督-11.24％）飆升了112％。加密支持者對一個監管環境的樂觀態度比前總統喬·拜登（Joe Biden）少，並且可能對該行業的看漲看漲。在我寫這篇文章時，Dogecoin的市值現在超過了495億美元，與許多大型技術和人工智能（AI）公司媲美。 Dogecoin最終能否超越云網絡巨頭Arista Networks（Anet 1.20％），該網絡的市值約為1430億美元？

Arista Networks has benefited from the AI trade In every big thematic trade, you've got the stocks at the center of the trade and those surrounding them. It's been hard to pinpoint the exact center of the AI trade because it seems like nearly every industry can benefit, and any stock that can prove some connection to AI sees its share price go up as investors get excited. The "Magnificent Seven" stocks have been the largest beneficiaries of the AI trade, with investors betting that their scale and tech prowess can open up serious streams of revenue down the line.

Arista Networks從每項大型主題交易中的AI貿易中受益，您將股票置於貿易的中心和周圍的股票。很難確定AI交易的確切中心，因為似乎幾乎每個行業都可以受益，並且任何可以證明與人工智能有聯繫的股票看到其股價上漲，因為投資者感到興奮。 “宏偉的七個”股票一直是AI交易中最大的受益人，投資者押注他們的規模和技術能力可以在線上開放嚴重的收入來源。

AI chipmaker Nvidia is at the center of the AI trade even though it's really a pick-and-shovel play, given that it makes the chips that power AI solutions. Arista Networks has been clumped in with the AI trade because it provides scalable cloud solutions for data centers, which AI companies rely on due to the amount of data needed to power the technology. More specifically, Arista designs ethernet switches that assist in fast data transmission, which data centers need to support tech like Nvidia's chips.

AI Chipmaker Nvidia是AI交易的中心，儘管它確實是一場選擇，因為它使AI Solutions的芯片使Solutions供電。 Arista網絡已與AI交易結合在一起，因為它為數據中心提供了可擴展的雲解決方案，AI公司依賴於該數據中心，這是由於該技術為技術供電所需的數據量。更具體地說，Arista設計的以太網開關可以幫助快速數據傳輸，數據中心需要支持Nvidia的芯片等技術。

The stock has been a big winner in recent years and now has a roughly $143 billion market cap. Following the recent emergence of DeepSeek, a Chinese AI chatbot that reportedly built a similar solution to ChatGPT at a fraction of the cost, Arista stock sold off intensely, like many others in the AI sector. Still, most analysts think the company has a bright future. Analysts at Piper Sandler recently -- before the DeepSeek-fueled AI sell-off -- said that they think the company could be the most talked about "winner" of the recently announced $500 billion Stargate project because switches represent such a large portion AI infrastructure spend and Arista controls significant market share.

近年來，該股票一直是一個很大的贏家，現在擁有大約1430億美元的市值。據報導，在最近出現的DeepSeek（DeepSeek）出現之後，據報導，它以一小部分成本製定了類似的解決方案，而Arista股票像AI行業中的許多其他人一樣強烈地出售了。儘管如此，大多數分析師認為該公司的未來光明。派珀·桑德勒（Piper Sandler）的分析師最近（在DeepSeek燃燒的AI拋售之前）表示，他們認為該公司可能是最近宣布的5000億美元的Stargate項目中談論最多的“獲勝者”，因為開關代表瞭如此大的AI基礎設施支出和Arista控制著重要的市場份額。

Can Dogecoin leap Arista Networks? Dogecoin has long been one of the largest cryptocurrencies in the world. While it started as a meme token and very much still is today, Dogecoin's life has lasted a lot longer than many probably expected. The cryptocurrency is not viewed to have a strong technical network or possess any great utility. However, what Dogecoin has arguably done better than anyone is use the power of being a viral sensation to create a fervent online community.

Dogecoin可以跳躍Arista網絡嗎？長期以來，Dogecoin一直是世界上最大的加密貨幣之一。雖然它最初是一個模因象徵，但今天仍然非常依然，但Dogecoin的壽命比許多人預期的要長得多。加密貨幣不被認為具有強大的技術網絡或具有任何出色的實用性。但是，可以說，狗狗幣比任何人都做得更好，就是利用病毒式感覺創建一個熱情的在線社區。

Dogecoin garnered the attention of many prominent celebrities, like Tesla CEO Elon Musk, which created an even stronger community. Whenever Musk tweets something that has to do with Dogecoin, the token's price often moves higher. However, it's hard to make much of an investment case for Dogecoin. While there is a limit on the issuance of tokens, there is no end date on issuances, so the token doesn't provide investors with any kind of inflation hedge like Bitcoin. Furthermore, the network does not offer anything special from a technical standpoint. It can process about 30 transactions per second, which is better than Bitcoin, but not nearly as high as other networks.

Dogecoin引起了許多著名名人的關注，例如特斯拉首席執行官埃隆·馬斯克（Elon Musk），後者創造了一個更強大的社區。每當Musk發推文與Dogecoin有關的東西時，代幣的價格通常會更高。但是，很難為Dogecoin做出很多投資案例。儘管發行令牌有限制，但發行沒有結束日期，因此代幣不會為投資者提供任何類型的通貨膨脹對沖，例如比特幣。此外，從技術角度來看，該網絡沒有提供任何特別的東西。它可以每秒處理約30件交易，這比比特幣好，但不如其他網絡高。

I think Dogecoin can keep moving higher as long as the crypto bull market continues. However, given that it's already more than doubled, I find it unlikely that it will be able to do so again and overtake Arista Networks. If Arista Networks stopped growing, which isn't likely, Dogecoin's current market cap would have to increase roughly 186% to reach Arista Networks' size. Both investments are likely to be volatile, but Arista seems to have a brighter future with more clear catalysts than Dogecoin.

我認為，只要加密牛市繼續下去，Dogecoin就可以繼續發展。但是，鑑於它已經翻了一番，我發現它不太可能再次這樣做並超越Arista網絡。如果Arista Networks停止增長（這不太可能），Dogecoin目前的市值將不得不增加約186％的時間才能達到Arista Networks的規模。兩項投資都可能是動蕩的，但是Arista似乎擁有比Dogecoin更明顯的催化劑的未來。