狗狗币与比特币：哪个更好？

狗狗币今年的涨幅为 324%，超过了比特币 107% 的回报率（BTC 1.65%）。展望未来，买哪一个更好？

Dogecoin (CRYPTO:DOGE) has had an interesting 2024. The meme token started the year trading near its 52-week low, but news of Donald Trump's presidential campaign brought new attention to the token, sending it soaring.

狗狗币 (CRYPTO:DOGE) 度过了有趣的 2024 年。这款 meme 代币年初交易价格接近 52 周低点，但唐纳德·特朗普总统竞选的消息给该代币带来了新的关注，导致其飙升。

Dogecoin is now up more than 324% this year, easily beating the 107% return generated by Bitcoin (CRYPTO:BTC). So, which one is the better buy going forward?

狗狗币今年的涨幅已超过 324%，轻松超过了比特币 (CRYPTO:BTC) 107% 的回报率。那么，哪一款是未来更好的选择呢？

The Musk influence Throughout 2021, Tesla (NASDAQ:TSLA) CEO Elon Musk often shared Dogecoin-related memes on social media — particularly on X (NYSE:PARA) (formerly Twitter), which he now owns. He even called it his favorite cryptocurrency, which investors took as a crystal-clear endorsement.

马斯克的影响力 整个 2021 年，特斯拉（纳斯达克股票代码：TSLA）首席执行官埃隆·马斯克（Elon Musk）经常在社交媒体上分享与狗狗币相关的表情包，特别是在他现在拥有的 X（纽约证券交易所股票代码：PARA）（以前的 Twitter）上。他甚至称其为他最喜欢的加密货币，投资者将其视为明确的认可。

Musk's influence over Dogecoin's price movements hit a fever pitch when he appeared on Saturday Night Live on May 8, 2021. Investors speculated that Musk would make an even bigger, more public proclamation of his support. As it turns out, he merely participated in a comedy skit — nothing of substance came from the event. Dogecoin immediately plunged, and it still hasn't reclaimed the all-time high it hit that weekend.

当马斯克于 2021 年 5 月 8 日出现在《周六夜现场》中时，他对狗狗币价格走势的影响力达到了巅峰。投资者猜测马斯克将做出更大规模、更公开的支持声明。事实证明，他只是参加了一个喜剧短剧——这次活动没有带来任何实质内容。狗狗币立即暴跌，但仍未收复周末创下的历史新高。

To Musk's credit, he tried to add some utility to Dogecoin to help support its value. At the end of 2021, he announced that Tesla would accept the token as payment for certain items of merchandise. That didn't move the needle in terms of adoption, and its price continued to trend lower.

值得称赞的是，马斯克试图为狗狗币添加一些实用性，以帮助支持其价值。 2021 年底，他宣布特斯拉将接受代币作为某些商品的付款方式。这并没有对采用率产生任何影响，而且其价格继续走低。

But Dogecoin appears to be back. Musk was a big financial backer of President-elect Trump's reelection campaign, and one of Trump's first post-election announcements was his intent to form a new entity called the "Department of Government Efficiency" — D.O.G.E for short — which appeared to be a reference to Musk's favorite cryptocurrency.

但狗狗币似乎又回来了。马斯克是当选总统特朗普连任竞选活动的重要财政支持者，特朗普在选举后的第一个公告就是他打算成立一个名为“政府效率部”（简称 DOGE）的新实体，这似乎是一个参考马斯克最喜欢的加密货币。

Musk will serve as the head of D.O.G.E alongside Vivek Ramaswamy. Shockingly, but not surprisingly, Dogecoin has more than doubled since Nov. 5, though there's no indication that the new initiative — which will not be an official government department — will have any tangible connection to the token.

马斯克将与维韦克·拉马斯瓦米 (Vivek Ramaswamy) 一起担任 DOGE 的负责人。令人震惊但并不奇怪的是，狗狗币自 11 月 5 日以来已经上涨了一倍多，尽管没有迹象表明这项新举措（不是官方政府部门）将与该代币有任何切实的联系。

Bitcoin has real tailwinds Many enthusiasts predict cryptocurrencies could eventually become a replacement for traditional money. Bitcoin, for example, is decentralized, so it can't be manipulated by any one person or government, and it's built on a reliable system of record called the blockchain. However, consumers and businesses haven't adopted Bitcoin in large enough numbers to give it real utility as a currency.

比特币具有真正的优势许多爱好者预测加密货币最终可能成为传统货币的替代品。例如，比特币是去中心化的，因此它不能被任何人或政府操纵，并且它建立在称为区块链的可靠记录系统之上。然而，消费者和企业尚未大量采用比特币，无法赋予其作为货币的真正实用性。

In fact, just 8,952 merchants accept Bitcoin as payment worldwide, according to Cryptwerk. That's far better than Dogecoin, which a mere 2,521 businesses are willing to accept, but if consumers can't spend their crypto on everyday goods and services, they don't have much reason to hold onto it. Without widespread adoption, it's very difficult for a currency to maintain value.

事实上，根据 Cryptwerk 的数据，全球只有 8,952 家商家接受比特币作为支付方式。这比狗狗币好得多，只有 2,521 家企业愿意接受狗狗币，但如果消费者不能将加密货币用于日常商品和服务，他们就没有太多理由持有它。如果没有广泛采用，货币就很难保值。

There is a growing consensus that Bitcoin might serve better as a store of value rather than a currency, making it similar to gold. The U.S. Securities and Exchange Commission approved a number of Bitcoin exchange-traded funds (ETFs) this year, providing investors with a simple, regulated way to park money in the cryptocurrency.

人们越来越认识到，比特币可能更适合作为一种价值储存手段，而不是一种货币，这使得它类似于黄金。美国证券交易委员会今年批准了一批比特币交易所交易基金（ETF），为投资者提供了一种简单、受监管的方式将资金存放在加密货币中。

A single Bitcoin currently trades for around $92,000, but Cathie Wood's Ark Investment Management thinks that the price could soar as high as $1.48 million by 2030, based on eight potential use cases that could drive adoption.

目前单个比特币的交易价格约为 92,000 美元，但 Cathie Wood 的 Ark Investment Management 认为，基于可能推动采用的八个潜在用例，到 2030 年，价格可能飙升至 148 万美元。

Bitcoin becoming an accepted analogue of digital gold is one of those use cases, and Ark believes it will become a part of the asset base for institutional investors, which is a real possibility now that spot Bitcoin ETFs are widely available. Ark predicts companies — and even governments — could choose to hold Bitcoin in their reserves alongside traditional cash, a potential hedge against negative economic events like inflation.

比特币成为公认的数字黄金类似物就是这些用例之一，Ark 相信它将成为机构投资者资产基础的一部分，随着现货比特币 ETF 的广泛使用，这确实有可能。 Ark 预测，公司——甚至政府——可以选择将比特币与传统现金一起作为储备，作为对冲通胀等负面经济事件的潜在对冲手段。

Interestingly, Trump has said he's open to the idea of creating a Bitcoin reserve for the U.S. government, which means the world's wealthiest nation could become an active buyer of the cryptocurrency.

有趣的是，特朗普表示，他对为美国政府建立比特币储备的想法持开放态度，这意味着世界上最富有的国家可能成为加密货币的积极买家。

Dogecoin investors should learn from what happened after 2021 Even though Dogecoin is sitting on triple the percentage gain of Bitcoin this year, it still hasn't touched its old peak. Meanwhile, Bitcoin continues to set new highs, and it has a clear case for further upside.

狗狗币投资者应该从 2021 年之后发生的事情中吸取教训 尽管狗狗币今年的涨幅是比特币的三倍，但它仍然没有触及以前的峰值。与此同时，比特币继续创下新高，并且有明显的进一步上涨空间。

Dogecoin has little utility, and it doesn't have the support of institutional investors or regulators. Therefore, it's merely a vehicle for speculation. Investors should learn from what happened the last time a speculative frenzy sent the token surging — it suffered a 92% decline over the following year because there were no fundamentals behind its momentum.

狗狗币没什么用处，也没有机构投资者或监管机构的支持。因此，它只是投机的一个工具。投资者应该吸取上次投机狂潮导致代币飙升的教训——第二年它下跌了 92%，因为其势头背后没有基本面支撑。

As a result, Bitcoin is the better long-term buy

因此，比特币是更好的长期购买选择