Dogecoin Soars, Analysts Predict $1 Target Amid Elon Musk's Trump Administration Buzz

在伊隆馬斯克川普政府的熱議中，狗狗幣飆升，分析師預測目標為 1 美元

Dogecoin's (DOGE) price has experienced a remarkable 45% surge over the past 24 hours, continuing its impressive four-day rally. This has sparked speculation about a potential $1 price target for the memecoin in the near future.

狗狗幣 (DOGE) 的價格在過去 24 小時內大幅上漲 45%，延續了連續四天的驚人上漲勢頭。這引發了人們對 memecoin 在不久的將來潛在目標價為 1 美元的猜測。

The recent Dogecoin rally is attributed to the support of Elon Musk, who has expressed his intention to establish a "Department of Government Efficiency" (D.O.G.E) within the Trump administration. This announcement has generated anticipation among DOGE investors, who envision the memecoin's integration into mainstream financial circles.

最近狗狗幣的上漲歸功於伊隆馬斯克的支持，他表示打算在川普政府內部設立「政府效率部」（D.O.G.E）。這一消息引起了 DOGE 投資者的期待，他們期待 memecoin 融入主流金融圈。

Dogecoin's Historic Comeback

狗狗幣的歷史性捲土重來

Dogecoin's price surpassed the $0.41 mark in early trading today, marking its first time above this level since May 2021. The memecoin's recent performance has resulted in a 150% return on investment for traders within the past week and a threefold increase over the past 30 days.

狗狗幣的價格在今天早盤交易中突破了0.41 美元大關，這是自2021 年5 月以來首次突破這一水平。 ，在過去30 天內成長了三倍。

Bullish Outlook

看漲前景

Open Interest (OI) for Dogecoin has also climbed significantly, indicating an increasingly bullish sentiment. A surge in OI and a rise in price suggest a positive price outlook for the token. Despite losses in DOGE-tracked futures, the overall sentiment for Dogecoin remains optimistic.

狗狗幣的未平倉合約（OI）也大幅攀升，顯示看漲情緒日益濃厚。 OI 激增和價格上漲表明該代幣的價格前景樂觀。儘管狗狗幣追蹤期貨下跌，但狗狗幣的整體情緒仍然樂觀。

Can DOGE Reach $1?

DOGE能達到1美元嗎？

Dogecoin is currently the sixth-largest cryptocurrency by market capitalization, with its market cap increasing by $45.15 billion in just six weeks. Several analysts believe that a $1 price target is achievable for DOGE. While retracements may occur, the memecoin's active community provides support against unexpected selloffs.

狗狗幣目前是市值第六大加密貨幣，其市值在短短六週內增加了 451.5 億美元。一些分析師認為 DOGE 可以實現 1 美元的目標價。雖然可能會出現回調，但迷因幣的活躍社群提供了針對意外拋售的支援。

The psychological appeal of the $1 mark has fueled optimism among traders and investors. A "golden cross" on the weekly chart further suggests a positive outlook for the fourth quarter of 2024.

1美元大關的心理吸引力激發了交易者和投資者的樂觀情緒。週線圖上的「金叉」進一步顯示 2024 年第四季的樂觀前景。

Overall, the growth in Dogecoin's Open Interest, retail interest, and Elon Musk's influence indicate that the token may indeed reach the $1 milestone. Some analysts even project ambitious targets of $2 to $4, while others speculate that Dogecoin could hit $30 by March 2025.

總體而言，狗狗幣的未平倉利息、散戶利息和伊隆馬斯克的影響力的增長表明該代幣確實可能達到 1 美元的里程碑。一些分析師甚至預測了 2 至 4 美元的雄心勃勃的目標，而另一些分析師則推測狗狗幣到 2025 年 3 月可能會達到 30 美元。