Even after his Dogecoin portfolio plummeted to $50,000 from $3 million, Glauber Contessoto is still a believer in the meme coin.

即使他的狗狗幣投資組合從 300 萬美元暴跌至 5 萬美元，Glauber Contessoto 仍然是這種迷因幣的信徒。

He invested his entire life savings of $250,000 in DOGE back in 2021 and watched it soar in value, he tweeted on the X social media platform. Despite its steep plunge over the past year, he refuses to sell.

他在 X 社群媒體平台上發推文稱，早在 2021 年，他就將畢生積蓄 25 萬美元投資於 DOGE，並看著它的價值飆升。儘管過去一年股價大幅下跌，他仍拒絕出售。

That’s because he remains optimistic that the meme coin will emerge as a means of payment on X, previously known as Twitter.

這是因為他仍然樂觀地認為 Meme 幣將成為 X（以前稱為 Twitter）上的一種支付方式。

His sentiments come as X’s new owner, Elon Musk, continues promoting the meme coin.

他的觀點是在 X 的新主人 Elon Musk 繼續推廣迷因幣之際發表的。

Musk has previously said that Dogecoin may emerge as the ideal cryptocurrency for payments in future years.

馬斯克先前曾表示，狗狗幣可能會成為未來幾年支付的理想加密貨幣。

Dogecoin Millionaire Refuses to Cash Out Despite Price Plunge

訂閱與我們一起展示加密貨幣革命，一次一份時事通訊。立即訂閱，將每日新聞和市場更新直接發送到您的收件匣，以及我們數以百萬計的其他訂閱者（沒錯，數百萬人都愛我們！） - 您還在等什麼？儘管價格暴跌，狗狗幣百萬富翁仍拒絕兌現

While he is no longer a Dogecoin millionaire, Contessoto still calls himself the SlumDOGE Millionaire on X.

雖然 Contessoto 不再是狗狗幣百萬富翁，但他仍然在 X 上稱自己為 SlumDOGE Millionaire。

I used to have $3 Million in #Dogecoin

我曾經有 300 萬美元的 #Dogecoin

Now it’s $50,000

現在是 50,000 美元

What happened?

發生了什麼事？

? pic.twitter.com/tOw2pNTPaI

？ pic.twitter.com/tOw2pNTPaI

— SlumDOGE Millionaire (@ProTheDoge) August 23, 2023

- SlumDOGE 百萬富翁 (@ProTheDoge) 2023 年 8 月 23 日

The meme coin rallied to an all-time high of $0.73 in May 2021 but then plummeted more than 90%. Dogecoin ranks as the ninth-largest cryptocurrency by market capitalization.

Meme 代幣於 2021 年 5 月上漲至 0.73 美元的歷史新高，但隨後暴跌超過 90%。以市值計算，狗狗幣是第九大加密貨幣。

Meme coins are often criticized for their speculative nature. The assets have volatile price movements, with Dogecoin’s volatility often determined by social media mentions.

模因幣經常因其投機性質而受到批評。這些資產的價格走勢波動較大，狗狗幣的波動性通常由社群媒體的提及決定。

Dogecoin has struggled recently. It’s down by 15% over the past two weeks and 18% in a month.

狗狗幣最近陷入困境。過去兩週下降了 15%，一個月內下降了 18%。

Elon Musk’s support for Dogecoin

伊隆·馬斯克對狗狗幣的支持

馬斯克的推文過去曾推動狗狗幣大幅上漲。有傳言稱他可能會將 meme 幣整合到 X 上。

Back in January, reports said that Twitter was working on launching a product that supports cryptocurrency payments. In April, the Tesla CEO briefly changed the blue bird logo for the social media platform to the Dogecoin Shiba Inu dog image.

早在一月份，就有報告指出 Twitter 正在致力於推出一款支援加密貨幣支付的產品。今年 4 月，特斯拉執行長短暫地將社群媒體平台的藍鳥標誌更改為狗狗幣柴犬圖像。

The change led to Dogecoin’s price rallying around 30% before retracing. The price movement shows Dogecoin’s sensitivity to Musk’s endorsement.

這一變化導致狗狗幣的價格在回落之前上漲了 30% 左右。價格走勢顯示了狗狗幣對馬斯克背書的敏感度。

Recently, Musk posted a cryptic tweet saying that Twitter was a “dog & Doge friendly place!”

最近，馬斯克發布了一條神秘的推文，稱推特是一個“狗和狗狗友好的地方！”

X is a dog & Doge friendly place!

X 是狗狗和總督友善的地方！

— Elon Musk (@elonmusk) August 23, 2023

— 伊隆馬斯克 (@elonmusk) 2023 年 8 月 23 日

The tweet triggered a slight gain for Dogecoin, perhaps indicating that Musk no longer has the strong influence over its price that he once had.

這則推文引發了狗狗幣的小幅上漲，這或許表明馬斯克不再像以前那樣對其價格具有強大的影響力。

Musk’s endorsements of Dogecoin have also previously landed him in legal trouble. He was accused of insider trading in a proposed class action lawsuit by investors who accused him of manipulating the meme coin’s price through influencers and publicity stunts, costing them billions of dollars.

馬斯克對狗狗幣的支持先前也曾讓他陷入法律麻煩。在一項擬議的集體訴訟中，他被投資者指控進行內幕交易，投資者指控他透過影響者和宣傳噱頭操縱迷因幣的價格，使他們損失了數十億美元。

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