You can also read this news on BH NEWS: How Did Dogecoin Become a Major Crypto Player?

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Dogecoin, the meme-based cryptocurrency, is celebrating its 11th anniversary, solidifying its position within the crypto landscape since its inception on December 6, 2013. Initially conceived as a joke by software developers Billy Markus and Jackson Palmer, Dogecoin has unexpectedly risen to prominence, now ranking seventh with a market capitalization surpassing $62 billion.

狗狗幣是一種基於meme 的加密貨幣，正在慶祝其誕生11 週年，鞏固了其自2013 年12 月6 日誕生以來在加密貨幣領域的地位。 Billy Markus) 和傑克遜·帕爾默(Jackson Palmer) 視為一個笑話，狗狗幣出人意料地聲名鵲起。

What Factors Fuel Dogecoin’s Popularity?

哪些因素推動了狗狗幣的流行？

Launched as a parody of Bitcoin, Dogecoin has attracted significant attention over the years, thanks in part to endorsements from notable figures. Despite its humorous origins, the cryptocurrency has maintained a steady increase in market value, cultivating a loyal user base.

狗狗幣作為比特幣的模仿品而推出，多年來引起了極大的關注，這在一定程度上要歸功於知名人士的認可。儘管其起源很幽默，但這種加密貨幣的市場價值一直保持穩定成長，培養了忠實的用戶群。

How Do Recent Developments Impact Dogecoin?

最近的發展如何影響狗狗幣？

Market trends suggest that the price of DOGE is poised for an upswing. Historical patterns indicate that significant milestones typically trigger price hikes, correlated with increased interest and transaction volumes.

市場趨勢顯示 DOGE 的價格有望上漲。歷史模式表明，重大里程碑通常會引發價格上漲，與興趣和交易量的增加有關。

Dogecoin’s 11-year journey has transformed it from a joke into a serious market contender.

狗狗幣經過 11 年的歷程，已經從一個笑話變成了一個嚴肅的市場競爭者。

Revitalization efforts by the Dogecoin Foundation aim to improve scalability and usability.

狗狗幣基金會的振興工作旨在提高可擴展性和可用性。

High-profile endorsements, particularly from Elon Musk, are enhancing Dogecoin’s visibility and potential.

高調的認可，尤其是馬斯克的認可，正在增強狗狗幣的知名度和潛力。

At present, DOGE is trading at approximately $0.43, experiencing a minor decline of 0.63% in the last 24 hours but reflecting a 3% weekly gain. Observers believe that the combination of anniversary celebrations and robust market fundamentals may sustain an upward trajectory for DOGE’s price.

目前，DOGE 的交易價格約為 0.43 美元，過去 24 小時小幅下跌 0.63%，但每週上漲 3%。觀察家認為，週年慶典和強勁的市場基本面相結合可能會維持 DOGE 價格的上漲軌跡。

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