從嘲弄到傳奇：狗狗的神奇十年

在2013年12月的深夜，IBM程序員Billy Markus和Adobe市場總監Jackson Palmer在酒精的影響下花了不到三個小時來編碼一系列代碼。他們以流行的互聯網誌願模因“ Doge”為圖標，並給了這枚硬幣一個幽默的名字“ Dogecoin”。

In the dead of December 2013, IBM programmer Billy Markus and Adobe marketing director Jackson Palmer, fueled by alcohol, coded for less than three hours to launch a coin. They used the popular Shiba Inu meme “Doge” as the icon and endowed this coin with a humorous name: “Dogecoin.” At the time, no one would have imagined that this joke, intended to poke fun at the overbearing nature of the Bitcoin community, would become a financial monster valued at tens of billions of dollars a decade later, nor could anyone have anticipated that it would stage the most ludicrous comeback in crypto history amidst the manipulations of Musk’s Twitter.

2013年12月，IBM程序員Billy Markus和Adobe營銷總監Jackson Palmer在酒精的推動下，編碼不到三個小時來推出硬幣。他們將受歡迎的Shiba Inu Meme“ Doge”用作圖標，並以幽默的名字賦予了這枚硬幣：“ Dogecoin”。當時，沒有人會想像這個笑話打算在比特幣社區的霸道性質上取笑，將成為一個價值十億美元的金融怪物，也無法期望它將成為Musk Musk的Twtitter twitter的Manive the Crypto歷史上最可笑的回歸。

The Birth of Dogecoin: A Tale of Mockery and Legend

Dogecoin的誕生：嘲笑和傳奇的故事

The genesis of Dogecoin is infused with dark humor from beginning to end. The two founders openly derided the elitism of the Bitcoin community—while Bitcoin believers would shout “digital gold” and “disrupting fiat currency,” they deliberately designed Dogecoin to be anti-mainstream: Bitcoin boasts a total supply of 21 million coins, highlighting scarcity, whereas Dogecoin issued 100 billion coins in its first year and continues to increase by 5% annually; Bitcoin miners require specialized mining machines, but Dogecoin adopted the Litecoin algorithm, enabling ordinary computers to mine; and while Bitcoin forums delve into profound cryptography, the Dogecoin community dissects financial attributes with meme images.

從頭到尾，狗狗的起源都充滿了黑暗的幽默。這兩個創始人公開嘲笑比特幣社區的精英主義 - 雖然比特幣信徒會大喊“數字黃金”和“破壞法族貨幣”，但他們故意設計的狗狗是反主流的：比特幣擁有2100萬個硬幣的總供應，而稀缺的銷售量很大，而dogecoin卻贏得了100億美元的股份，並在其第一個債務中持續了一年，並且可以持續使用它的一年，並以其持續的一年和持續的一年來增長;比特幣礦工需要專門的採礦機，但是Dogecoin採用了Litecoin算法，使普通的計算機能夠開採。儘管比特幣論壇深入研究了深刻的密碼學，但Dogecoin社區用模因圖像剖析了財務屬性。

This spirit of mockery, to everyone’s surprise, struck a chord with the collective emotions of the internet. In 2014, the Dogecoin community launched the “Doge4Water” crowdfunding campaign, aiming to dig a well in Kenya with a goal of $50,000—an amount that was quickly reached, and ultimately, they raised $30,000 to donate. The New York Times reported, “A group of Internet users communicating with dog head memes proved to be more efficient than a United Nations agency in delivering aid to a drought-stricken area in southeast Kenya.” In the same year, American NASCAR driver Josh Wise's car was covered in Dogecoin logos, and millions of netizens supported the race by tipping DOGE, transforming this third-rate team into a traffic star. However, until this point, Dogecoin was merely "fun" and had almost no wealth effect. The real turning point occurred in 2021. When Musk tweeted an image of "Doge Barking at the Moon," Dogecoin surged 900% in a single day. The world's richest man then became Dogecoin's chief promoter: first claiming "SpaceX will send Dogecoin to the moon next year," then announcing "Tesla merchandise will support DOGE payments," and even accidentally stating on Saturday Night Live that "Dogecoin is a hustle," which led to a price halving before he tweeted to save it. In this meticulously designed roller coaster ride, Dogecoin's market value at one point surpassed $88 billion, outpacing traditional giants like Ford and GM, becoming the most dangerous financial toy in the crypto world. Afterward, people realized that the wealth effect had nothing to do with actual application. For instance, although SpaceX has already completed its lunar landing program, no one has seen any signs of Dogecoin on the moon. Similarly, Tesla never used Dogecoin for any merchandise payments, and even the Saturday Night Live skit was a hastily arranged one. It seems that the only constant is Musk's endless tweets about Dogecoin.

令人驚訝的是，這種嘲笑的精神與互聯網的集體情感引起了共鳴。 2014年，Dogecoin社區發起了“ Doge4water”眾籌活動，旨在以50,000美元的目標在肯尼亞挖一口，這筆款項很快就達到了，最終籌集了30,000美元的捐款。 《紐約時報》報導說：“事實證明，與狗頭頭模因進行交流的一組互聯網用戶比聯合國機構在向肯尼亞東南部的干旱地區提供援助方面更有效。”同年，美國NASCAR司機喬什·懷斯（Josh Wise）的汽車被狗狗（Dogecoin）徽標覆蓋，數以百萬計的網民通過小費的教堂來支持比賽，將這支三級球隊變成了交通巨星。但是，到目前為止，Dogecoin只是“有趣”，幾乎沒有財富影響。真正的轉折點發生在2021年。當馬斯克在推特上發推文時，“狗狗在月球上吠叫”時，Dogecoin一天在一天內飆升了900％。隨後，世界上最富有的人成為了Dogecoin的首席發起人：首先聲稱“ SpaceX將派Dogecoin將於明年送上月球”，然後宣布“ Tesla Merchandise將支持Doge Payments”，甚至在周六夜現場表明“ Dogecoin是一個喧鬧的人”，這導致了價格降低的，這導致了他的價格降低，然後再貼上它來節省它。在精心設計的過山車之旅中，Dogecoin的市場價值超過了880億美元，超過了福特和通用汽車等傳統巨頭，成為加密貨幣世界中最危險的金融玩具。之後，人們意識到財富效應與實際應用無關。例如，儘管SpaceX已經完成了Lunar Landing計劃，但沒有人在月球上看到任何狗狗幣的跡象。同樣，特斯拉從未使用Dogecoin進行任何商品付款，即使是星期六夜現場的短劇也是匆忙安排的。似乎唯一的常數是馬斯克關於狗狗幣的無盡推文。

Four Categories of Cryptocurrency: Dogecoin's Status in the Landscape

四類加密貨幣：狗狗幣在景觀中的地位

To comprehend the essence of Dogecoin, one must first clarify the landscape of cryptocurrencies. This market may appear chaotic, but it is systematically divided into four categories, each adhering to distinct survival logics. The first category is Bitcoin itself, which stands as the eternal value guarantee of the crypto world. Bitcoin establishes a belief system of "digital gold" with its fixed total supply of 21 million coins and decentralized architecture. Its believers see it as the ultimate weapon against the rampant issuance of fiat currency. As of 2025, with the development of the market, people increasingly believe that there is an essential difference between Bitcoin and other cryptocurrencies. The second category is altcoins, which form the "stock market" of the crypto world. "Altcoin" is not a derogatory term but refers to other cryptocurrencies designed after Bitcoin. Because they "imitate," they are called altcoins. These coins have similar characteristics to stocks in traditional financial markets, but there are no barriers to listing; anyone can issue a coin, and it depends on whether anyone buys it to decide whether it will be listed. In essence, every major altcoin can be considered to have a web3 company behind it; if you believe in this company, you can buy its coin. Major altcoins include ETH, SOL, ADA, BNB, and TRX. The characteristics of altcoins mainly include:

為了理解多黴素的本質，必須首先闡明加密貨幣的景觀。這個市場可能看起來很混亂，但係統地分為四類，每個類別都遵循獨特的生存邏輯。第一類是比特幣本身，它是加密世界的永恆價值保證。比特幣建立了一個“數字黃金”的信念系統，其固定的總供應2100萬個硬幣和分散的建築。它的信徒認為它是反對法定貨幣發行的最終武器。截至2025年，隨著市場的發展，人們越來越相信比特幣和其他加密貨幣之間存在著根本的區別。第二類是Altcoins，構成了加密貨幣世界的“股票市場”。 “ AltCoin”不是貶義詞，而是指比特幣設計的其他加密貨幣。因為它們“模仿”，它們被稱為altcoins。這些硬幣的特徵與傳統金融市場中的股票相似，但沒有上市的障礙。任何人都可以發布硬幣，這取決於是否有人購買它來決定是否會被列出。從本質上講，每個主要的Altcoin都可以認為是其背後的Web3公司。如果您相信這家公司，則可以購買其硬幣。主要的AltCoins包括ETH，SOL，ADA，BNB和TRX。 AltCoins的特徵主要包括：

• Newcomers: Among the top 50 coins, there are constantly newcomers. Recently, there has been a surge in AI Agent and Trump coins, and tomorrow there

•新移民：在前50個硬幣中，有新來者。最近，AI代理和特朗普硬幣激增，明天在那裡