Dogecoin (DOGE) Surges, Overtaking XRP

狗狗幣（DOGE）飆升，超越 XRP

Dogecoin (DOGE) has experienced a significant price hike of 30% over the past day, surpassing a critical resistance level. This surge has propelled DOGE ahead of XRP, making it the 7th-largest cryptocurrency by market capitalization.

過去一天，狗狗幣 (DOGE) 的價格大幅上漲 30%，超過了關鍵阻力位。這一飆升推動 DOGE 領先 XRP，使其成為按市值計算第七大加密貨幣。

According to industry sources, speculation tied to the U.S. election and rumors of Elon Musk's potential involvement in a new government role are driving the value increase. Meanwhile, XRP's position has weakened amidst these developments.

據業內消息人士稱，與美國大選有關的猜測以及伊隆馬斯克可能參與新政府職位的傳言正在推動其價值上漲。同時，XRP 的地位在這些事態發展中被削弱。

DOGE's Market Dynamics

DOGE的市場動態

• DOGE has soared 30% over the last 24 hours and surpassed $0.20.
• It now ranks as the 7th-largest cryptocurrency by market cap.
• Trading volume has reached $11.45 billion.

Election-Related Rumors

DOGE在過去24小時飆升30%，突破0.20美元。

Traders are reportedly betting on DOGE due to rumors surrounding the potential establishment of a "Department of Government Efficiency" (DOGE) by President Trump if re-elected. Elon Musk, a prominent Doge supporter, is rumored to be a possible head of this department, focusing on reducing national debt.

據報道，由於有傳言稱川普總統如果連任，可能會成立「政府效率部」（DOGE），因此交易員押注 DOGE。據傳，著名的總督支持者伊隆馬斯克可能成為該部門的負責人，並專注於減少國家債務。

Market Outlook

市場展望

As the U.S. election remains ongoing, market uncertainty is fueling price fluctuations. Analysts are closely watching the outcome, which could have implications for both Dogecoin and the broader crypto market.

由於美國大選仍在進行，市場不確定性加劇了價格波動。分析師正在密切關注結果，這可能對狗狗幣和更廣泛的加密市場產生影響。

Additional Insights

額外的見解

• Bernstein analysts remain bullish on Bitcoin, predicting a six-figure target by 2025.
• While Dogecoin's surge is driven by speculation, Bitcoin's trajectory appears more grounded in market fundamentals.
• All eyes are on DOGE and BTC in the near term, as both are poised for potential movements.

Bernstein 分析師仍然看好比特幣，預測到2025 年比特幣的目標將達到六位數。目光都集中在DOGE 和BTC 上，因為兩者都準備好了潛在的運動。