Dogecoin's Potential Surge in the Wake of Bitcoin's Rise

比特幣崛起後，狗狗幣的潛力激增

Dogecoin's (DOGE) strong correlation with Bitcoin (BTC) is anticipated to drive its value to $3 as Bitcoin approaches gold's $17 trillion valuation. Analysts also project DOGE to reach between $10 and $23 by 2024, surpassing its previous all-time high.

隨著比特幣接近黃金 17 兆美元的估值，狗狗幣 (DOGE) 與比特幣 (BTC) 的強相關性預計將使其價值升至 3 美元。分析師也預計 DOGE 到 2024 年將達到 10 至 23 美元，超過先前的歷史新高。

Bitcoin and Dogecoin Correlation

比特幣和狗狗幣的相關性

Data from IntoTheBlock reveals a 97% correlation between Bitcoin and Dogecoin over the past 30 days. This alignment suggests that DOGE could experience significant gains as Bitcoin ascends.

IntoTheBlock 的數據顯示，過去 30 天內比特幣和狗狗幣之間的相關性高達 97%。這種一致性表明，隨著比特幣的上漲，DOGE 可能會獲得顯著的收益。

Bitcoin Price at $17.7 Trillion Market Cap

比特幣價格達到 17.7 兆美元市值

For Bitcoin to reach $17.7 trillion, it would need to surge by 809.23% from its current valuation of $1.95 trillion. This translates to a potential value of $897,200.

比特幣要達到 17.7 兆美元，需要從目前 1.95 兆美元的估值飆升 809.23%。這意味著潛在價值為 897,200 美元。

Mathematically, this would position the asset at $897,200.

從數學上來說，這將使該資產達到 897,200 美元。

A similar move by Dogecoin could drive its price to a new all-time-high of $3.09, exceeding its previous peak of $0.73 by 323.28%. This would boost DOGE's market cap from $50 billion to $456.35 billion.

狗狗幣的類似舉動可能會將其價格推至 3.09 美元的歷史新高，較之前峰值 0.73 美元上漲 323.28%。這將使 DOGE 的市值從 500 億美元增至 4,563.5 億美元。

Analysts Project DOGE to Hit $10 by Next Year

分析師預計 DOGE 明年將達到 10 美元

Contrary to the BTC-Gold analysis, analyst Dima James Potts predicts DOGE could reach $10 by 2025. His theory relies on the market's cyclical pattern, which typically sees assets surpass their previous all-time high in the fourth year of each bull cycle.

與BTC-Gold 分析相反，分析師Dima James Potts 預測DOGE 到2025 年可能會達到10 美元。的歷史高點。

Lebicahlz, Kevin Capital, and Ali Martinez Join the Discussion

Lebicahlz、Kevin Capital 和 Ali Martinez 加入討論

Other renowned analysts echo this sentiment, suggesting that DOGE has the potential to hit $10 and even reach $20 by 2025. Kevin Capital emphasizes the importance of macroeconomic indicators in determining the market's direction, while Ali Martinez anticipates DOGE reaching $23 by the end of the current cycle.

其他知名分析師也同意這種觀點，認為DOGE 有潛力在2025 年達到10 美元，甚至達到20 美元。達到23 美元。

Current Market Conditions

目前的市場狀況

At press time, DOGE is trading at $0.31, having declined by 23% in the past seven days. Despite the current bearish trend, analysts believe that DOGE's fundamentals and correlation with Bitcoin could drive its value significantly higher in the future.

截至發稿時，DOGE 的交易價格為 0.31 美元，過去 7 天下跌了 23%。儘管目前趨勢看跌，但分析師認為 DOGE 的基本面以及與比特幣的相關性可能會在未來推動其價值大幅上漲。