Dogecoin社区庆祝Dogeday 4/20，由ETF备受推动

4月20日，Dogecoin社区再次团结起来庆祝“ Dogeday”，这是一种粉丝驱动的传统，将加密热情与在线文化结合在一起。

On April 20, the Dogecoin community came together once again to celebrate Dogeday, a fan-driven tradition that combines crypto enthusiasm with online culture. Coinciding with International Weed Day, this event, beginning in 2021, marks a meme-rich movement highlighting the unique identity of Dogecoin holders.

4月20日，Dogecoin社区再次聚在一起庆祝Dogeday，这是一种粉丝驱动的传统，将加密热情与在线文化结合在一起。与国际杂草日相吻合的是，从2021年开始，这项活动标志着模因富裕的运动，突出了狗狗币的独特身份。

This year, however, carried a different energy. It wasn’t just about jokes and memes; it was also about potential legitimacy.

然而，今年的能量不同。这不仅仅是笑话和模因；这也与潜在的合法性有关。

The buzz surrounding the Dogecoin ETF filings has added fuel to the meme coin’s momentum. As investors gathered virtually and in-person to mark Dogeday 4/20, many were closely tracking four ETF applications under review, submitted by Bitwise, Grayscale, 21Shares, and Osprey Fund.

Dogecoin ETF文件周围的嗡嗡声为模因硬币的势头增加了燃料。随着投资者实际上和面对面地汇集了4/20的Dogeday，许多人正在密切跟踪四个正在审查的ETF应用程序，该应用程序由Bitwise，Grayscale，21shares和Osprey Fund提交。

The combination of internet-driven enthusiasm and increasing regulatory attention has thrown Dogecoin into the spotlight again, despite ongoing criticism about its lack of real-world utility.

尽管持续批评其缺乏现实世界的效用，但以互联网驱动的热情和越来越多的监管关注的结合再次引起了人们的关注。

Dogecoin: A Token with Nearly Limitless Inflation

Dogecoin：一个几乎无限通货膨胀的令牌

What makes Dogecoin particularly unique is its tokenomics. It adds approximately 14.4 million new coins into circulation every day, contributing to a daily inflation rate of around $2.16 million. This results in an annual supply increase of roughly 5 billion coins.

使Dogecoin特别独特的是它的象征性。它每天增加了大约1440万个新硬币，每天的通货膨胀率约为216万美元。这导致每年增加约50亿个硬币。

While many investors view inflation as a red flag, others believe it keeps Dogecoin accessible. Its price remains low, usually under $1, making it an easy entry point for new retail investors.

尽管许多投资者将通货膨胀视为危险信号，但其他人则认为它可以使Dogecoin保持不可能。它的价格仍然很低，通常不到1美元，这对于新零售投资者来说是一个简单的切入点。

Dogeday 4/20: More Than Just a Meme Holiday

Dogeday 4/20：不仅仅是模因假期

Among Dogecoin supporters, April 20 has become an unofficial holiday. It began as a lighthearted celebration of memes and cannabis culture, now serving as a marker of Dogecoin’s staying power. Despite constant mockery from traditional finance, the Dogecoin community has remained loyal and loud.

在Dogecoin的支持者中，4月20日已成为一个非正式的假期。它始于轻松的模因和大麻文化，现在是Dogecoin持久力量的标志。尽管传统财务不断嘲笑，但Dogecoin社区仍然忠诚和喧闹。

Blockchain expert Anndy Lian explains that Dogecoin’s strength lies in its passionate, internet-savvy following.

区块链专家Anndy Lian解释说，Dogecoin的优势在于其热情，精通互联网的追随者。

“The community enthusiasm, low entry barriers, and speculative fun are what drive Dogecoin. It’s a coin that belongs to the people, not institutions,” Lian said.

Lian说：“社区的热情，低入的障碍和投机性的乐趣是驱动Dogecoin的原因。这是属于人民而不是机构的硬币。”

This sentiment was reflected in this year’s Dogeday 4/20 events, which included online campaigns, meme contests, and celebratory videos shared across platforms like X (formerly Twitter) and TikTok.

这种观点反映在今年的Doggeday 4/20赛事中，其中包括在线广告系列，模因竞赛以及跨X（以前是Twitter）和Tiktok等平台共享的庆祝视频。

Anndy Lian: “Unlike Bitcoin or Ethereum, Dogecoin’s inflationary supply, adding roughly 5 billion coins annually, keeps prices accessible, typically under $1, making it psychologically appealing for retail investors.” (Via @Cointelegraph)

Anndy Lian：“与比特币或以太坊不同，Dogecoin的通货膨胀供应每年增加约50亿枚硬币，使价格保持可及，通常不到1美元，使其对零售投资者具有心理吸引力。” （通过@cointelegraph）

Dogecoin ETF Applications: A New Chapter Begins

Dogecoin ETF应用程序：新篇章开始

While the Dogecoin community partied, attention quietly shifted toward something more serious: the possibility of a Dogecoin ETF becoming a reality. Two key applications, from Bitwise and Grayscale, are currently under SEC review, with final decisions expected by October 2025.

当Dogecoin社区参加比赛时，注意力悄悄地转向了更严重的事情：Dogecoin ETF成为现实的可能性。 Bitwise和Grayscale的两个关键应用程序目前正在SEC审查中，预计到2025年10月，最终决定。

These are not small players. Both firms have experience in launching crypto-based financial products and could bring a significant wave of institutional interest to Dogecoin if approved.

这些不是小玩家。两家公司都有在推出基于加密货币的金融产品方面的经验，如果获得批准，可能会引起大量的机构兴趣。

Meanwhile, ETF proposals from 21Shares and the Osprey Fund are still in earlier stages, awaiting progress on their 19b-4 filings.

同时，来自21shares和Osprey Fund的ETF提案仍处于较早的阶段，等待其19b-4文件的进展。

The SEC’s eventual rulings will be pivotal. If any of these applications are approved, it would mark a major turning point in how Dogecoin is viewed, not just as an internet joke, but as a legitimate crypto asset worthy of investment through traditional markets.

SEC的最终裁决将是关键的。如果这些应用程序中的任何一个获得批准，它将标志着Dogecoin的观看方式的一个主要转折点，而不仅是互联网笑话，而且是值得通过传统市场投资的合法加密资产。

What Lies Ahead for Dogecoin and the ETF Push?

Dogecoin和ETF推动的前方是什么？

The growing interest in a Dogecoin ETF raises important questions about the future of meme coins. Will institutional money flood in if regulatory green lights are given? Or will Dogecoin remain the quirky, unpredictable rebel of the crypto world?

对Dogecoin ETF的兴趣日益增长，提出了有关模因硬币未来的重要问题。如果给出监管绿灯，机构资金会洪水吗？还是Dogecoin仍然是加密世界的古怪，不可预测的叛逆者？

For now, the Dogecoin community is content celebrating its unique culture and legacy. Dogeday 4/20 proved, once again, that Dogecoin is more than a currency; it’s a movement. And with the SEC’s decision on the horizon, it might soon become more than just a meme.

目前，Dogecoin社区正在满足庆祝其独特的文化和遗产。 Dogeday 4/20再次证明了Dogecoin不仅仅是一种货币。这是一个运动。随着SEC的决定，它可能很快就会成为模因。

Whether the ETF filings succeed or not, Dogecoin continues to play a pivotal role in shaping how we understand internet-driven financial movements. From jokes to market charts, from memes to meetings with the SEC, Dogecoin’s journey remains one of the most unpredictable and exciting stories in the crypto world.

不管ETF是否成功，Dogecoin在塑造我们如何理解以Internet驱动的财务发展方面发挥着关键作用。从笑话到市场图表，从模因到与SEC的会议，Dogecoin的旅程仍然是加密世界中最不可预测和令人兴奋的故事之一。