狗狗币（加密货币：DOGE）正在强势卷土重来：它还能再上涨 150% 达到 1 美元吗？

狗狗币（加密货币：DOGE）正在卷土重来。 10 月 31 日，投机性加密货币的交易价格比 2021 年 5 月的历史高点低了 75%。

Dogecoin (CRYPTO: DOGE) has skyrocketed roughly 150% since the start of November as investor excitement soars. But can it climb another 150% to one day reach a new record of $1?

随着投资者热情高涨，狗狗币（加密货币：DOGE）自 11 月初以来已飙升约 150%。但它能否再上涨 150%，有一天达到 1 美元的新纪录呢？

Continue reading to understand Dogecoin's potential price trajectory.

继续阅读以了解狗狗币的潜在价格轨迹。

Key Points

要点

Dogecoin trades at $0.40 as of Dec. 17.

截至 12 月 17 日，狗狗币的交易价格为 0.40 美元。

The meme token has no maximum supply and 147 billion coins in circulation.

Meme 代币没有最大供应量，流通量为 1470 亿枚。

A lack of competitive strengths and developer activity bodes poorly for DOGE.

缺乏竞争优势和开发者活动对 DOGE 来说是不利的。

Rising speculative behavior in the stock and crypto markets has helped Dogecoin (CRYPTO: DOGE) make a monster comeback.

股票和加密货币市场投机行为的增加帮助狗狗币（加密货币：DOGE）卷土重来。

On Oct. 31, the speculative crypto traded 75% below its all-time high of May 2021. But since the start of November, it has skyrocketed roughly 150% as investor excitement soars.

10 月 31 日，这种投机性加密货币的交易价格比 2021 年 5 月的历史高点低了 75%。但自 11 月初以来，随着投资者兴奋程度的飙升，其价格已飙升约 150%。

As of the afternoon of Dec. 17, this meme token trades at $0.40. But can it climb another 150% to one day reach a new record of $1? Continue reading to understand Dogecoin's potential price trajectory.

截至 12 月 17 日下午，该 meme 代币的交易价格为 0.40 美元。但它能否再上涨 150%，有一天达到 1 美元的新纪录呢？继续阅读以了解狗狗币的潜在价格轨迹。

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现在1000美元该投资到哪里？我们的分析师团队刚刚透露了他们认为目前最值得购买的 10 只股票。

See the 10 stocks »

查看 10 只股票 »

The bullish case for $1 Dogecoin

1 美元狗狗币的看涨理由

The stock market has benefited greatly from investor optimism following the presidential election, and so has the broader cryptocurrency market. Even Dogecoin, one of the most speculative tokens out there, has marched higher.

股市因总统选举后投资者的乐观情绪而受益匪浅，更广泛的加密货币市场也是如此。即使是最具投机性的代币之一狗狗币也走高了。

This trend provides a clear example of the most obvious bullish case for Dogecoin, which is known as the greater fool theory. The idea is that you should buy something not because it has value in itself, but because you will be able to sell at a higher price later to someone less informed. This risky strategy depends on unrelenting hype for whatever you're buying.

这种趋势为狗狗币最明显的看涨案例提供了一个明显的例子，这被称为“更大的傻瓜理论”。这个想法是，你应该购买某样东西，不是因为它本身有价值，而是因为你以后能够以更高的价格卖给消息较少的人。这种冒险的策略取决于对你所购买的任何东西的无休止的炒作。

It certainly helps that Tesla founder and Chief Executive Officer Elon Musk, who attracts a lot of attention and currently has Donald Trump's ear, has voiced support for Dogecoin. Couple this with the fact that President-elect Donald Trump has said he will put Musk in charge of a new government agency called the Department of Government Efficiency (DOGE) -- which has no relationship with the cryptocurrency -- and speculation about Dogecoin may well intensify.

特斯拉创始人兼首席执行官埃隆·马斯克（Elon Musk）引起了广泛关注，目前已得到唐纳德·特朗普的支持，他对狗狗币表示支持，这无疑有帮助。再加上当选总统唐纳德·特朗普表示，他将让马斯克负责一个名为政府效率部（DOGE）的新政府机构——该机构与加密货币没有任何关系——关于狗狗币的猜测很可能强化。

The bear case for $1 Dogecoin

1 美元狗狗币的熊盒

It’s not difficult to have a bearish view of Dogecoin. That's because the digital asset doesn't have any competitive strengths.

看跌狗狗币并不难。这是因为数字资产没有任何竞争优势。

Dogecoin was launched in 2013 to be a lighthearted alternative to Bitcoin. It uses a proof-of-work consensus protocol. DOGE tokens can be used to send and receive money. But 10,000 new Dogecoin tokens are created every minute with no maximum supply. There already are 147 billion coins in circulation.

狗狗币于 2013 年推出，是比特币的一种轻松替代品。它使用工作量证明共识协议。 DOGE 代币可用于发送和接收资金。但每分钟都会创建 10,000 个新的狗狗币代币，且没有最大供应量。流通中的硬币数量已达 1,470 亿枚。

On the other hand, Bitcoin has a fixed supply cap of 21 million coins. Moreover, as the world's oldest and most valuable crypto, and with a $2.1 trillion market cap, Bitcoin has the advantages of huge scale, network effects, and a broad and expanding financial ecosystem that puts it head and shoulders above Dogecoin.

另一方面，比特币的固定供应上限为 2100 万枚。此外，作为世界上最古老、最有价值的加密货币，比特币拥有2.1万亿美元的市值，其规模巨大、网络效​​应以及广泛且不断扩展的金融生态系统等优势使其遥遥领先于狗狗币。

The number of developers working on a project can be an indicator of its potential. It's a good sign if there are smart computer scientists working on a technology to boost utility and adoption. But according to venture firm Electric Capital, Dogecoin isn't one of the top 100 blockchain networks by developer activity. That's not an encouraging sign.

从事某个项目的开发人员数量可以作为其潜力的指标。如果有聪明的计算机科学家致力于一项技术来提高实用性和采用率，这是一个好兆头。但根据风险投资公司 Electric Capital 的数据，狗狗币并不是开发者活动排名前 100 名的区块链网络之一。这不是一个令人鼓舞的迹象。

Dogecoin is a gamble I'm willing to make

狗狗币是我愿意进行的一场赌博

I'm not a buyer of Dogecoin because I believe the bear case, which is mainly that it doesn't have any notable competitive strengths. And this case could become more popular, leading to the market viewing it as worthless.

我不是狗狗币的买家，因为我相信悲观的观点，主要是它没有任何显着的竞争优势。而且这个案例可能会变得更受欢迎，导致市场认为它毫无价值。

But I can certainly understand how much speculation among the investment community matters. And this could keep supporting Dogecoin's price for the foreseeable future.

但我当然可以理解投资界的投机行为有多么重要。这可能会在可预见的未来继续支撑狗狗币的价格。

Therefore, I honestly wouldn't be surprised if Dogecoin continues having random spurts, like the one it's experiencing now, that eventually get it to the $1 mark. But such spurts will be unpredictable, as they're not based on anything fundamental.

因此，老实说，如果狗狗币继续像现在这样随机飙升，最终达到 1 美元大关，我真的不会感到惊讶。但这种激增将是不可预测的，因为它们并不基于任何基本面。

And if the coin does get to $1, it will probably see a huge decline not long after. Buying this crypto is nothing more than a gamble, so I think the best thing long-term investors can do is avoid it.

如果代币确实达到 1 美元，不久之后它可能会出现大幅下跌。购买这种加密货币无非是一场赌博，所以我认为长期投资者能做的最好的事情就是避免它。

Should you invest $1,000 in Dogecoin right now?

您现在应该投资 1,000 美元购买狗狗币吗？

Before you buy stock in Dogecoin, consider this:

在购买狗狗币股票之前，请考虑以下因素：

The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Dogecoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.

Motley Fool Stock Advisor 分析师团队刚刚确定了他们认为最适合投资者购买的 10 只股票……而狗狗币不是其中之一。入选的 10 只股票可能会在未来几年产生巨额回报。