Dogecoin (DOGE) skyrockets to new heights, marking the beginning of a parabolic rally. In just the past day, its trading volume has surged by an outstanding 203%, pushing its value to $0.127. This impressive increase cements Dogecoin’s position as the top performer among major digital assets, outpacing the competition in percentage gains. Surpassing its previous high in November 2022, the dog meme coin has now hit $0.12, sparking speculation among investors: could DOGE price soon reach the coveted $1 milestone? With market sentiment riding high and Dogecoin’s enduring popularity on full display, all eyes are on its next move.

狗狗幣（DOGE）飆升至新的高度，標誌著拋物線反彈的開始。就在過去一天，其交易量飆升了 203%，將其價值推至 0.127 美元。這一令人印象深刻的增長鞏固了狗狗幣作為主要數位資產中表現最佳的地位，在百分比增長方面超過了競爭對手。狗模因幣超越了 2022 年 11 月的先前高點，現已觸及 0.12 美元，引發投資者猜測：DOGE 價格能否很快達到令人垂涎的 1 美元里程碑？隨著市場情緒高漲，狗狗幣的持久受歡迎程度得到充分體現，所有人的目光都集中在它的下一步行動上。

DOGE Price Market Performance Overview

DOGE 價格市場表現概覽

DOGE 價格市場表現概覽圖

As of the latest update, Dogecoin price is currently trading at $0.1272, fluctuating between a low of $0.09701 and a high of $0.1344. Over the past day, its price has surged by an impressive 29.27%, with a notable 49.65% increase over the last week. Year-to-date, DOGE has seen a remarkable uptick of 57.12%. Despite achieving its all-time high on May 08, 2021, which marked an 82.86% decrease compared to its current value, Dogecoin remains resilient in the market. 

截至最新更新，狗狗幣價格目前交易價格為 0.1272 美元，在低點 0.09701 美元和高點 0.1344 美元之間波動。在過去的一天裡，其價格飆升了 29.27%，令人印象深刻，上週漲幅高達 49.65%。今年迄今為止，DOGE 的漲幅達到了 57.12%。儘管狗狗幣於 2021 年 5 月 8 日創下歷史新高，較目前價值下跌 82.86%，但狗狗幣在市場上仍保持彈性。

Rising from the 10th to the 9th position on CoinMarketCap, DOGE now boasts a market capitalization of $18.31 billion. Within just 24 hours, its trading volume skyrocketed by 203.85%, reaching $5.7 million. With a circulating supply of 143.27 billion DOGE, Dogecoin continues to make waves in the cryptocurrency space.

DOGE 在 CoinMarketCap 上的排名從第 10 位上升至第 9 位，目前市值達到 183.1 億美元。短短24小時內，其交易量飆升203.85%，達到570萬美元。狗狗幣的流通量為 1,432.7 億 DOGE，繼續在加密貨幣領域掀起波瀾。

Dogecoin’s market performance demonstrates growing investor confidence and interest in the meme coin. Its price surge aligns with a broader trend of meme coin frenzy sweeping the market, including Pepe (PEPE), Bonk (BONK), and Dogwifhat (WIF).

狗狗幣的市場表現顯示投資者對迷因幣的信心和興趣不斷增長。其價格飆升與席捲市場的迷因幣狂熱趨勢一致，包括 Pepe (PEPE)、Bonk (BONK) 和 Dogwifhat (WIF)。

Why is the DOGE Price Rising?

DOGE價格為何上漲？

There are several reasons why price is pumping for DOGE. First, Dogecoin has garnered significant attention as two large whale transactions accumulated over 270 million DOGE, sparking global curiosity and contributing to a bullish climate. The Dogecoin whales accumulation spree, particularly from Robinhood, prompted a surge in Dogecoin’s price by 29.27% as of press time. 

DOGE 價格上漲有幾個原因。首先，狗狗幣引起了廣泛關注，兩次大型鯨魚交易累積超過 2.7 億枚 DOGE，激發了全球的好奇心並促成了看漲氣氛。截至發稿時，狗狗幣鯨魚的囤積熱潮，尤其是 Robinhood 的囤積，促使狗狗幣的價格飆升了 29.27%。

Derivative data also indicated an uptrend, aligning with the whale accumulations. These massive accumulations typically lead to reduced supply and increased prices, signalling bullish sentiment for Dogecoin. 

衍生性商品數據也顯示出上升趨勢，與鯨魚的累積一致。這些大量累積通常會導致供應減少和價格上漲，顯示狗狗幣的看漲情緒。

The recent pump contrasts with the meme coin’s sluggish performance in the past, suggesting renewed interest and potential for further gains. With an increase in market cap and trading volume, along with a surge in open interest and volume, Dogecoin’s bullish market sentiment may propel it toward the $1 mark, especially with speculation about a potential partnership with Ferrari adding to the excitement. The rise was also fuelled by  the overall market rally led by Bitcoin surge, which recently crossed the coveted $60,000 mark. 

最近的上漲與模因幣過去的低迷表現形成鮮明對比，顯示人們重新燃起興趣並有進一步上漲的潛力。隨著市值和交易量的增加，以及未平倉合約和交易量的激增，狗狗幣的看漲市場情緒可能會將其推向1 美元大關，尤其是有關與法拉利潛在合作夥伴關係的猜測更加令人興奮。比特幣飆升帶動的整體市場反彈也推動了這一上漲，比特幣最近突破了令人垂涎的 6 萬美元大關。

Price Forecast: Will DOGE Price Reach $1?

價格預測：DOGE 價格會達到 1 美元嗎？

Based on the technical analysis, Dogecoin is currently trading at $0.12, and the data suggests a mixed sentiment with some indicators pointing towards bullish momentum and others indicating potential overbought conditions. 

根據技術分析，狗狗幣目前的交易價格為 0.12 美元，數據顯示市場情緒參差不齊，一些指標指向看漲勢頭，而另一些指標則表明潛在的超買狀況。

DOGE faces resistance levels at $0.09071, $0.10268, and $0.12294. Breaking through these resistance levels and sustaining bullish momentum will be crucial for Dogecoin to reach $1. While the MACD indicator supports the bullish outlook, caution is warranted due to potential overbought conditions indicated by other indicators. 

DOGE 面臨的阻力位在 0.09071 美元、0.10268 美元和 0.12294 美元。突破這些阻力位並維持看漲勢頭對於狗狗幣達到 1 美元至關重要。儘管 MACD 指標支持看漲前景，但由於其他指標表明存在潛在超買狀況，因此仍需謹慎。

The expected rise of DOGE above $1 offers an exciting opportunity. Experts attribute this positive outlook to several factors. First, Dogecoin’s dedicated community has a significant impact on market sentiment, which is crucial for the success of any cryptocurrency. Additionally, strategic improvements and growing acceptance as a payment method would drive DOGE towards its growth.

DOGE 的預期升值超過 1 美元提供了一個令人興奮的機會。專家將這種積極的前景歸因於幾個因素。首先，狗狗幣的專業社群對市場情緒有重大影響，這對於任何加密貨幣的成功至關重要。此外，策略改進和作為支付方式的日益接受將推動 DOGE 的發展。

Cryptocurrency analysts anticipate that by the end of June 2024, the average price of Dogecoin is expected to be around $0.1983, with a projected price of approximately $0.34 by the end of 2024, and $1.05 by the year 2026. These predictions are contingent upon the escalation of the fear of missing out (FOMO) phenomenon surrounding Dogecoin and the coin’s continued promotion by influencers.

加密貨幣分析師預計，到 2024 年 6 月底，狗狗幣的平均價格預計將在 0.1983 美元左右，到 2024 年底預計價格約為 0.34 美元，到 2026 年將達到 1.05 美元。這些預測取決於事態升級圍繞狗狗幣的「害怕錯過」（FOMO）現像以及影響者對狗狗幣的持續推廣。

Investors should monitor price movements closely and consider other factors such as market sentiment and news developments before making investment decisions.

投資者在做出投資決定之前應密切注意價格走勢，並考慮市場情緒和新聞動態等其他因素。