Dogecoin recently jumped to the $0.2 level for the first time since November 2021 amidst a month of exceptional bullish price action. Notably, DOGE is currently up by 128% this month and 97% in the past seven days, giving DOGE holders something to be happy about. According to a crypto analyst, this price surge is expected to continue and go parabolic to the $1 mark in this market cycle. 

在一個月的異常看漲價格走勢中，狗狗幣最近自 2021 年 11 月以來首次躍升至 0.2 美元水準。值得注意的是，DOGE 目前本月上漲了 128%，過去 7 天上漲了 97%，這讓 DOGE 持有者感到高興。一位加密貨幣分析師表示，這種價格飆升預計將持續下去，並在本市場週期中呈現拋物線式升至 1 美元大關。

Dogecoin Set To Perform Exceptionally Well

狗狗幣將表現異常出色

Current market dynamics and bullish sentiment have seen DOGE shooting up in market capitalization after an extended consolidation period. A recent surge past the $0.20 price level saw DOGE briefly overtaking Cardano and jumping up to the eighth position in market cap rankings. 

當前的市場動態和看漲情緒使得 DOGE 的市值在經過較長的盤整期後大幅上升。最近，DOGE 價格飆升至 0.20 美元以上，短暫超越了卡爾達諾，在市值排名中躍升至第八位。

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In a post shared on social media platform X, a crypto analyst known as Altcoin Sherpa, noted this recent surge as a sign of better things to come in this cycle. While the analyst didn’t give a particular price point, he noted that a $1 price per Dogecoin wouldn’t be too surprising.

在社群媒體平台 X 上分享的一篇貼文中，一位名為山寨幣夏爾巴 (Altcoin Sherpa) 的加密貨幣分析師指出，最近的飆升是這個週期中將會出現更好事情的跡象。雖然分析師沒有給出具體的價格點，但他指出，每個狗狗幣 1 美元的價格並不會太令人驚訝。

$DOGE: Several notes on this one-

$DOGE：關於此的幾個註釋 -

-Its going to go to crazy #s this cycle, I don’t know what. $1 wouldn’t honestly surprise me.

-這個週期會變得瘋狂，我不知道會發生什麼。老實說，1 美元不會讓我感到驚訝。

-Chart itself looks good, consolidated for like 600 days.

-圖表本身看起來不錯，整合了大約 600 天。

-Given the overall mc, this one is NOT going to give you as big of gains as… pic.twitter.com/ifNdTGCr9L

-考慮到整體MC，這不會為你帶來那麼大的收益…pic.twitter.com/ifNdTGCr9L

— Altcoin Sherpa (@AltcoinSherpa) February 29, 2024

—山寨幣夏爾巴 (@AltcoinSherpa) 2024 年 2 月 29 日

Interestingly, the $1 level would mean a ride to uncharted territory for DOGE, as the crypto is yet to cross above $0.8. A surge to $1 would mean a 465% surge from the current price level and past its current all-time high of $0.74.

有趣的是，1 美元的水平對 DOGE 來說意味著進入未知領域，因為加密貨幣尚未突破 0.8 美元以上。飆升至 1 美元意味著較當前價格水平上漲 465%，並超過當前的歷史高點 0.74 美元。

The analyst noted that he doesn’t expect DOGE to perform as well as other meme-inspired cryptocurrencies with lower market caps like WIF, PEPE, and BONK, but its deep liquidity provides more of a stable investment. He also noted that DOGE and SHIB will probably take turns leading gains among meme coins.

這位分析師指出，他預計 DOGE 的表現不會像 WIF、PEPE 和 BONK 等其他市值較低的受 meme 啟發的加密貨幣一樣，但其深厚的流動性提供了更穩定的投資。他還指出，DOGE 和 SHIB 可能會輪流引領模因幣的漲幅。

Meme Coins Continue To Shine

Meme 幣繼續閃耀

The meme coin market has grown significantly since the early days of DOGE’s creation, which started out as a joke. Since then, tons of meme coins have been created, but Dogecoin continues to solidify its position as the largest meme coin in terms of market cap, demonstrating signs of renewed enthusiasm every so often.

自 DOGE 誕生之初（最初只是個笑話）以來，迷因幣市場已經顯著成長。從那時起，大量的迷因幣被創造出來，但狗狗幣繼續鞏固其作為市值最大的迷因幣的地位，時不時地表現出新的熱情跡象。

At the time of writing, DOGE is trading at $0.18. Data from Coinglass shows that the open interest on DOGE futures contracts is now at $1.62 billion, a 10% increase in the past 24 hours. 

截至撰寫本文時，DOGE 的交易價格為 0.18 美元。 Coinglass 的數據顯示，DOGE 期貨合約的未平倉合約目前為 16.2 億美元，在過去 24 小時內增加了 10%。

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Other meme coins are also witnessing strong interest. According to Santiment, SHIB, PEPE, FLOKI, and BONK have seen an increase of over 3,000% in trading volume in the past week. The on-chain analytics platform credits the increase in trading volume to surging prices and increased crowd interest.

其他模因幣也引起了濃厚的興趣。根據 Santiment 統計，過去一周，SHIB、PEPE、FLOKI 和 BONK 的交易量增加了 3,000% 以上。鏈上分析平台將交易量的增加歸因於價格飆升和人群興趣增加。

📈 #Memecoins, particularly those that have been trending over the past week, have skyrocketed in trading volume due to surging prices and increased crowd interest. On average, $SHIB, $PEPE, $FLOKI, and $BONK has seen volume rise +3,000% in the past week. https://t.co/MMHxbMotu0 pic.twitter.com/AiIaEbgGIz

📈 #Memecoins，特別是那些過去一周一直流行的貨幣，由於價格飆升和大眾興趣增加，交易量猛增。平均而言，$SHIB、$PEPE、$FLOKI 和 $BONK 的交易量在過去一周增長了 3,000% 以上。 https://t.co/MMHxbMotu0 pic.twitter.com/AiIaEbgGIz

— Santiment (@santimentfeed) March 4, 2024

— Santiment (@santimentfeed) 2024 年 3 月 4 日

SHIB, PEPE, FLOKI, and BONK are up by 277%, 256%, 204%, and 145% respectively in the past seven days, outperforming DOGE during the time frame. 

SHIB、PEPE、FLOKI 和 BONK 在過去 7 天內分別上漲了 277%、256%、204% 和 145%，在這段時間內的表現優於 DOGE。

DOGE bulls hold up price | Source: DOGEUSD on Tradingview.com

DOGE多頭維持價格|資料來源：Tradingview.com 上的 DOGEUSD

精選圖片來自 StormGain，圖表來自 Tradingview.com

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