Dogecoin的复出比大多数人意识到的要远得多

许多投资者看到了Dogecoin的价格，并认为潜在的复出仅仅是因为它与以前的高高相距甚远。

Investors have been closely monitoring the price of Dogecoin (CRYPTO: DOGE) as it continues to soar. Currently, at roughly $0.35 per coin, Dogecoin's price must almost triple to reach $1. This significant milestone number could signal legitimacy for a cryptocurrency that began as a joke. But how likely is it, and does Dogecoin offer a legitimate upside for investors?

投资者一直在密切监视Dogecoin（加密：Doge）的价格，因为它继续飙升。目前，Dogecoin的价格几乎必须达到1美元才能达到1美元。这个重大的里程碑数字可能标志着一个开玩笑的加密货币的合法性。但是它的可能性有多大，狗狗币会为投资者提供合法的上涨空间吗？

Here is what you need to know.

这是您需要知道的。

Many investors see Dogecoin's price and assume a potential comeback is only just beginning because it isn't close to its former high. Dogecoin's price must double from here to hit new highs and is nearly a triple away from reaching $1 per token.

许多投资者看到了Dogecoin的价格，并认为潜在的复出仅仅是因为它与以前的高高相距甚远。 Dogecoin的价格必须从这里增加一倍才能达到新的高点，并且距离每个令牌1美元几乎只有三倍。

However, Dogecoin's comeback is already much further along than most realize. Unlike some cryptocurrencies that have a fixed supply, Dogecoin does not. Approximately 14.4 million new tokens are mined and added to the supply daily. At its peak in 2021, Dogecoin's market cap reached roughly $73.8 billion, while it's back up to $52.7 billion today.

但是，Dogecoin的复出已经比大多数人意识到的要远。与一些具有固定供应的加密货币不同，Dogecoin没有。每天挖掘大约1440万个新令牌并将其添加到供应中。在2021年的高峰期，Dogecoin的市值达到了约738亿美元，而今天的股票又达到了527亿美元。

In other words, Dogecoin's price is about 50% off its high, while its market cap is down only 28%. That's how inflation works in cryptocurrencies and fiat currencies; if the supply grows faster than demand, the value of each token or dollar decreases. Dogecoin will always have this flawed trait, continually pushing down its price.

换句话说，Dogecoin的价格约为50％，而市值仅下降了28％。这就是通货膨胀在加密货币和法定货币中的工作方式；如果供应的增长速度快于需求，则每个令牌或美元的价值会降低。 Dogecoin将始终具有这种缺陷的特质，不断降低其价格。

Hypothetically, Dogecoin's price would increase if demand increased. However, several factors influence that, and they don't particularly favor Dogecoin.

假设需求增加，Dogecoin的价格将上涨。但是，有几个因素会影响这一因素，而且它们并不特别喜欢狗狗。

First, meme coins like Dogecoin appeal to a limited audience. People have made money on Dogecoin and other meme coins, but they're highly volatile and risky, don't represent any underlying business or asset, and have little use in daily life. Buying meme coins is closer to gambling than investing, which is OK as long as you recognize the risks involved and limit them to a tiny portion of a diversified portfolio. Many investors won't participate.

首先，像Dogecoin这样的模因硬币吸引了有限的受众。人们已经在Dogecoin和其他模因硬币上赚钱，但是它们高度波动和风险，并不代表任何基本的业务或资产，并且在日常生活中几乎没有用。购买模因硬币比投资更接近赌博，只要您认识到所涉及的风险并将其限制在多元化投资组合中的一小部分。许多投资者将不会参加。

Second, there's increasing competition. While Dogecoin was among the first meme coins and is still the largest today by a considerable margin, newer meme coins have gained steam, including Shiba Inu ($11.8 billion market cap), Pepe ($6.4 billion), and Official Trump ($5.8 billion).

其次，竞争日益加剧。尽管Dogecoin是第一批模因硬币之一，并且仍然是当今最大的差距，但新的模因硬币已经蒸蒸日上，包括Shiba Inu（118亿美元的市值），Pepe（64亿美元）和官方特朗普（58亿美元）。

Unfortunately, meme coins often depend on virality to generate the demand that lifts prices. One could argue that Dogecoin must now battle for mindshare with its core audience.

不幸的是，模因硬币通常取决于病毒性来产生提高价格的需求。有人可能会说，狗狗现在必须与核心观众争夺思维舞。

There's no telling how high Dogecoin's recent momentum might carry it, but the odds seem against its price running to a dollar per token.

尚无法说明Dogecoin最近的势头可能会带来多大的势头，但是与价格的价格似乎相对于每个代币的价格达到了一美元。