狗狗币（加密货币：DOGE）可能会上涨一倍以上，达到 1 美元——但它可能不会停留在那里

对加密货币友好的特朗普政府即将就职。但狗狗币投资者收到了他们自己的特别礼物。

Bitcoin and Dogecoin are having another stellar year on the cryptocurrency market. As of Dec. 20, Bitcoin is up 120% year to date, while Dogecoin has gained an impressive 375%. Some crypto analysts believe that Dogecoin could more than double from here to reach $1.

比特币和狗狗币在加密货币市场上又迎来了辉煌的一年。截至 12 月 20 日，比特币今年迄今已上涨 120%，而狗狗币则上涨了 375%，令人印象深刻。一些加密货币分析师认为，狗狗币可能会从现在的水平上涨一倍以上，达到 1 美元。

After a failed attempt to hit $1 during its last speculative run in 2021, could this finally be the year that Dogecoin reaches the milestone? Let's take a closer look at the meme token and see if it has what it takes to reach $1 in 2024.

在 2021 年最后一次投机运行中试图触及 1 美元失败后，狗狗币最终会在今年达到这一里程碑吗？让我们仔细看看 meme 代币，看看它是否有能力在 2024 年达到 1 美元。

Bitcoin and cryptocurrency prices are shown in real time. Get the latest crypto prices here.

比特币和加密货币价格实时显示。在这里获取最新的加密货币价格。

A crypto-friendly Trump administration is about to take office

对加密货币友好的特朗普政府即将就职

Former President Donald Trump was once a skeptic of cryptocurrencies, but as his bid for reelection gathered momentum in 2024, he took a more open-minded stance to broaden his potential voter base. Now, he might even be described as a crypto advocate.

前总统唐纳德·特朗普曾经对加密货币持怀疑态度，但随着他在 2024 年竞选连任的势头增强，他采取了更加开放的立场，以扩大自己的潜在选民基础。现在，他甚至可以被描述为加密货币倡导者。

In just the past few months, he told voters he would like to see the U.S. government establish a strategic Bitcoin reserve, and after winning the election, he nominated pro-crypto businessman Paul Atkins to run the Securities and Exchange Commission (SEC). Enthusiasts believe Atkins will implement crypto-friendly regulations, potentially opening the door to new use cases that will help create more value.

就在过去的几个月里，他告诉选民，他希望看到美国政府建立比特币战略储备，并在赢得选举后提名支持加密货币的商人保罗·阿特金斯(Paul Atkins)担任美国证券交易委员会(SEC)的负责人。爱好者相信阿特金斯将实施加密货币友好的法规，可能为新的用例打开大门，这将有助于创造更多价值。

But Dogecoin investors received their own special present. Tesla (NASDAQ:TSLA) Chief Executive Officer Elon Musk put his cash and his influence behind the Trump campaign, which undoubtedly helped the now president-elect get over the line. As a result, Trump appointed him to run a new agency called the "Department of Government Efficiency," or DOGE for short.

但狗狗币投资者收到了他们自己的特别礼物。特斯拉（纳斯达克股票代码：TSLA）首席执行官埃隆·马斯克（Elon Musk）将自己的现金和影响力投入到特朗普竞选活动中，这无疑帮助了这位当选总统越过了界限。结果，特朗普任命他管理一个名为“政府效率部”（简称 DOGE）的新机构。

The acronym is a nod to Dogecoin, which Musk called his favorite cryptocurrency when the token was soaring during 2021. The purpose of DOGE is to slash costs across the U.S. government, and there is no indication that Dogecoin will play any sort of role. But that didn't stop speculators from sending the token soaring in value anyway.

这个缩写词是对狗狗币的致敬，当狗狗币在 2021 年飙升时，马斯克称其为他最喜欢的加密货币。狗狗币的目的是削减美国政府的成本，没有迹象表明狗狗币将发挥任何作用。但这并没有阻止投机者让代币价值飙升。

Dogecoin still lacks real fundamentals

狗狗币仍然缺乏真正的基本面

Dogecoin began 2021 trading at $0.0046, and it soared 15,769% within five months to hit a record high of $0.73. Musk was a big proponent of that incredible rally, as he regularly promoted Dogecoin on social media and even during his appearance on Saturday Night Live on May 8 of that year.

狗狗币 2021 年开始交易价为 0.0046 美元，五个月内飙升 15,769%，创下 0.73 美元的历史新高。马斯克是这场令人难以置信的反弹的大力支持者，因为他经常在社交媒体上宣传狗狗币，甚至在当年 5 月 8 日的《周六夜现场》节目中也是如此。

However, the move was based entirely on speculation, and Dogecoin soon plummeted. Musk tried to support the community by accepting Dogecoin for certain items of merchandise at Tesla near the end of 2021, but it wasn't enough to stop a 92% plunge by mid-2022.

然而，此举完全基于投机，狗狗币很快就暴跌。马斯克试图在 2021 年底前接受狗狗币购买特斯拉的某些商品来支持社区，但这不足以阻止到 2022 年中期暴跌 92%。

Simply put, it's almost impossible for cryptocurrencies like Dogecoin to maintain their value unless investors view them as true stores of value (like Bitcoin), or unless consumers and businesses use them in transactions. Dogecoin still hasn't reclaimed its 2021 high, and just 2,503 merchants accept Dogecoin as payment worldwide (according to Cryptwerk), so the meme token isn't ticking either of those boxes.

简而言之，像狗狗币这样的加密货币几乎不可能维持其价值，除非投资者将它们视为真正的价值储存手段（如比特币），或者除非消费者和企业在交易中使用它们。狗狗币仍未恢复 2021 年的高点，全球只有 2,503 家商家接受狗狗币作为支付方式（根据 Cryptwerk 的数据），因此 Meme 代币并未满足这两个条件。

Hitting $1 is possible, but it probably won't stay there

达到 1 美元是有可能的，但它可能不会停留在那里

Based on Dogecoin's current price per token of $0.44 and its total supply of 147.1 billion tokens, it currently has a market capitalization of $64 billion.

根据狗狗币当前每枚代币 0.44 美元的价格及其 1,471 亿枚代币的总供应量，目前其市值为 640 亿美元。

Simple math suggests that a price per token of $1 would give Dogecoin a market capitalization of $147.1 billion. That isn't entirely impossible considering Bitcoin now has a market cap of $2 trillion.

简单的数学表明，如果每个代币的价格为 1 美元，狗狗币的市值将达到 1,471 亿美元。考虑到比特币目前的市值已达 2 万亿美元，这并非完全不可能。

Bitcoin has better fundamentals because it has a fixed supply, whereas new Dogecoins can technically be minted indefinitely. Plus, the SEC has approved dozens of Bitcoin exchange-traded funds (ETFs) this year, giving financial advisors and institutional investors a safer, regulated way to invest in the cryptocurrency.

比特币具有更好的基本面，因为它有固定的供应量，而新的狗狗币在技术上可以无限期地铸造。此外，美国证券交易委员会今年还批准了数十只比特币交易所交易基金（ETF），为财务顾问和机构投资者提供了一种更安全、受监管的加密货币投资方式。

However, it's still just a vehicle for speculation -- investors buy Bitcoin in the hopes it will trade at a higher price in the future, not because it produces earnings or has any intrinsic value.

然而，它仍然只是一种投机工具——投资者购买比特币是希望它未来能以更高的价格交易，而不是因为它能产生收益或具有任何内在价值。

Since the Trump administration is likely to be a friend to the crypto industry for the next four years, it isn't outside the realm of possibility that Dogecoin blows past its previous all-time high of $0.73 and hits $1 in the near future. However, I think it will be a replay of 2021, so a steep plunge of more than 90% will probably follow eventually.

由于特朗普政府可能在未来四年内成为加密行业的朋友，因此狗狗币有可能突破之前 0.73 美元的历史高点，并在不久的将来触及 1 美元。不过，我认为这将是 2021 年的重演，因此最终可能会出现超过 90% 的大幅暴跌。

Dogecoin simply doesn't have any real fundamentals to sustain its value over the long term, and since more tokens are constantly being minted, that supply will constantly eat away at the price per token. Investors should definitely be careful buying it here.

狗狗币根本没有任何真正的基本面来长期维持其价值，而且由于不断铸造更多的代币，供应量将不断侵蚀每个代币的价格。投资者在这里购买绝对应该谨慎。