Dogecoin, the popular meme-inspired cryptocurrency, saw its price dip slightly by 0.11% over the past 24 hours to $0.06157 according to the latest market data. Despite some recent volatility, Dogecoin seems to be stabilizing around the $0.06 level as traders and investors assess the token's near-term outlook.

根據最新的市場數據，狗狗幣是一種受流行迷因啟發的加密貨幣，其價格在過去 24 小時內小幅下跌 0.11%，至 0.06157 美元。儘管最近出現了一些波動，但隨著交易員和投資者評估該代幣的近期前景，狗狗幣似乎穩定在 0.06 美元的水平附近。

With a current market capitalization of $8.69 billion, Dogecoin remains one of the top ten largest cryptocurrencies by market value. Over the past 24 hours, $88.7 million worth of DOGE changed hands indicating there is still significant interest in trading the altcoin.

狗狗幣目前的市值為 86.9 億美元，仍然是市值排名前十的加密貨幣之一。在過去 24 小時內，價值 8,870 萬美元的 DOGE 易手，顯示人們對交易這種山寨幣仍有濃厚的興趣。

Short-term traders will note that Dogecoin is down 1.22% over the past 7 days but has outperformed Bitcoin and the broader crypto market which saw steeper declines over the same period. This relative strength seems to underscore Dogecoin's resiliency even amidst uncertain market conditions.

短期交易者會注意到，狗狗幣在過去 7 天內下跌了 1.22%，但表現優於比特幣和同期跌幅更大的更廣泛的加密市場。這種相對強勢似乎凸顯了狗狗幣即使在市場條件不確定的情況下也具有彈性。

Looking at the last month, DOGE has dropped 2.83% underperforming leading cryptocurrencies like Ethereum which gained over the same timeframe. However, zooming out further, the 6-month view paints a more negative picture for Dogecoin which has plunged 20.57% since May 2023.

從上個月來看，DOGE 下跌了 2.83%，落後於同期上漲的以太幣等領先加密貨幣。然而，進一步縮小範圍，6 個月的觀點為狗狗幣描繪了更負面的景象，自 2023 年 5 月以來，狗狗幣已暴跌 20.57%。

This long-term capitulation highlights Dogecoin's high beta to the overall crypto market. When major cryptocurrencies like Bitcoin and Ethereum staged massive rallies in 2021, the Dogecoin price surged exponentially gaining over 10,000% at its peak. However, as the crypto market entered a prolonged bear market throughout 2022 and 2023, Doge has similarly seen its price decline significantly from all-time highs.

這種長期的投降凸顯了狗狗幣對整個加密貨幣市場的高貝塔係數。當比特幣和以太幣等主要加密貨幣在 2021 年出現大規模上漲時，狗狗幣價格呈指數級飆升，最高時漲幅超過 10,000%。然而，隨著加密貨幣市場在 2022 年和 2023 年進入長期熊市，Doge 的價格也從歷史高點大幅下跌。

Still, Dogecoin continues to maintain a strong community of supporters who believe in the project's long-term viability. The altcoin originally started as a lighthearted joke poking fun at the cryptocurrency hype of 2013/2014. However, Dogecoin's accessible brand and image resonated with many crypto investors who saw it as a welcoming gateway to the larger digital asset market.

儘管如此，狗狗幣仍然保持著強大的支持者社區，他們相信該計畫的長期生存能力。這種山寨幣最初只是一個輕鬆的笑話，取笑 2013/2014 年的加密貨幣炒作。然而，狗狗幣平易近人的品牌和形象引起了許多加密貨幣投資者的共鳴，他們將其視為進入更大的數位資產市場的歡迎門戶。

Celebrity influencers like Elon Musk have also vocally shown support for Dogecoin on social media which has helped push its popularity further. The altcoin's low nominal price of under $0.10 makes it psychologically appealing for investors who want to own large quantities of the token.

像伊隆馬斯克這樣的名人影響者也在社群媒體上公開表達了對狗狗幣的支持，這有助於進一步推動其受歡迎程度。該山寨幣的名義價格低於 0.10 美元，這對於想要大量持有該代幣的投資者來說具有心理吸引力。

These positives point to Dogecoin carving out a unique niche within the crypto ecosystem separate from pure price speculation. As a bridge between crypto and internet culture, Dogecoin will likely remain a relevant project even if its near-term price action remains lackluster.

這些積極因素表明，狗狗幣在加密生態系統中開闢了一個獨特的利基市場，與純粹的價格投機不同。作為加密貨幣和網路文化之間的橋樑，狗狗幣可能仍然是一個相關項目，即使其近期價格走勢仍然低迷。

6-12 Month Price Prediction

6-12 個月價格預測

Given Dogecoin's strong branding and community support, I expect the token to experience some recovery within the next 6-12 months. However, DOGE continues to move in lockstep with the overall crypto market which faces tough macroeconomic headwinds like rising interest rates and the potential for a global recession.

鑑於狗狗幣強大的品牌和社群支持，我預計該代幣將在未來 6-12 個月內經歷一些復甦。然而，DOGE 繼續與整個加密貨幣市場保持同步，該市場面臨利率上升和全球經濟衰退潛力等嚴峻的宏觀經濟阻力。

If we enter a deeper bear market in 2023, the Dogecoin price may retest 2022 lows around 2-3 cents before any sustainable reversal can take hold. That said, the latest round of US inflation data indicates prices may be starting to cool. If these trends continue, investor risk appetite could improve - lifting speculative assets like Dogecoin off recent lows.

如果我們在 2023 年進入更深的熊市，狗狗幣價格可能會重新測試 2022 年低點 2-3 美分左右，然後才能出現可持續的逆轉。儘管如此，最新一輪的美國通膨數據顯示價格可能開始降溫。如果這些趨勢持續下去，投資者的風險偏好可能會改善，從而使狗狗幣等投機資產脫離近期低點。

I anticipate the Dogecoin price trading rangebound between 4-8 cents throughout most of 2023 before breaking out to 12-15 cents in 2024 once macro uncertainty starts to fade. However, DOGE will likely underperform larger cap coins like Ethereum which have more utility and use cases driving price appreciation.

我預計狗狗幣價格在 2023 年的大部分時間裡交易區間為 4-8 美分，然後在 2024 年宏觀不確定性開始消退時突破至 12-15 美分。然而，DOGE 的表現可能會遜色於以太坊等較大市值的代幣，後者俱有更多的實用性和用例來推動價格升值。

Will Meme Coins Like Dogecoin Stand the Test of Time?

像狗狗幣這樣的迷因幣能經得起時間的考驗嗎？

Meme coins like Dogecoin emerged as a hugely popular segment of the cryptocurrency market during the last hype cycle. These projects derived their value purely from community engagement, social media buzz, and speculation rather than technical utility.

在上一個炒作週期中，像狗狗幣這樣的迷因幣成為加密貨幣市場中非常受歡迎的部分。這些項目的價值純粹來自社區參與、社群媒體熱議和投機，而不是技術實用性。

While retail traders piled into coins like DOGE, Shiba Inu, and Floki Inu at first, the question remains whether meme coins can stand the test of time as the crypto market matures.

雖然零售交易者一開始大量買入 DOGE、Shiba Inu 和 Floki Inu 等代幣，但問題仍然是，隨著加密市場的成熟，meme 代幣能否經受住時間的考驗。

Some analysts argue that the lack of fundamentals underneath Dogecoin makes it nothing more than a temporary fad. Without use cases beyond internet tipping and payments, developers could eventually abandon the network if hype starts to dissipate.

一些分析師認為，狗狗幣缺乏基本面，使其只不過是暫時的時尚。如果沒有網路小費和支付之外的用例，如果炒作開始消散，開發人員最終可能會放棄該網路。

However, others note that Dogecoin's cultural significance imprints a more lasting perception of value for investors. With its roots firmly grounded in internet subculture, DOGE taps into powerful social forces that traditional cryptocurrency projects do not.

然而，其他人指出，狗狗幣的文化意義給投資者留下了更持久的價值認知。 DOGE 紮根於網路次文化，它利用了傳統加密貨幣計畫所沒有的強大社會力量。

As the first meme coin, Dogecoin benefits from its 'first-mover' status and already has eight years of proven history in a volatile crypto industry. This gives DOGE a degree of institutional inertia and name recognition most newer altcoins lack.

作為第一個模因幣，狗狗幣受益於其「先行者」地位，並且在動蕩的加密行業中已經擁有八年的成熟歷史。這使得 DOGE 具有一定程度的製度慣性和大多數較新的山寨幣所缺乏的知名度。

While meme coins almost certainly represent an overheated speculative mania, certain projects like Dogecoin may continue to retain niche value given their quirky origins. But investors should always exercise caution when evaluating cryptos like DOGE primarily built on hype rather than intrinsic utility.

雖然模因幣幾乎肯定代表了過熱的投機狂熱，但像狗狗幣這樣的某些項目鑑於其古怪的起源可能會繼續保留利基價值。但投資者在評估像 DOGE 這樣主要建立在炒作而非內在效用的加密貨幣時應始終保持謹慎。

Is Now a Good Time to Buy Dogecoin?

現在是購買狗狗幣的好時機嗎？

With Dogecoin's price stabilizing after a steep 6-month decline, prospective buyers may wonder if now presents a good accumulation opportunity. Dollar-cost averaging around current levels could pay off handsomely if DOGE's bull run resumes in 2024-2025.

隨著狗狗幣的價格在經歷了 6 個月的急劇下跌後趨於穩定，潛在買家可能會想知道現在是否是一個很好的累積機會。如果 DOGE 的牛市在 2024-2025 年恢復，當前水準附近的平均美元成本可能會帶來豐厚的回報。

However, meme coins carry substantially higher risk than other crypto assets like Bitcoin and Ethereum. Dogecoin lacks the institutional adoption and network effects that give larger cryptocurrencies staying power through market cycles.

然而，迷因幣的風險比比特幣和以太坊等其他加密資產要高得多。狗狗幣缺乏機構採用和網路效應，而這些都無法讓更大的加密貨幣在市場週期中保持活力。

Without these technical foundations, DOGE's price remains entirely dependent on community engagement and social media buzz. If that community momentum starts to wane in the absence of fundamentals, the Dogecoin price could continue deteriorating over the long run.

如果沒有這些技術基礎，DOGE 的價格仍然完全取決於社區參與和社群媒體熱度。如果在缺乏基本面的情況下社區勢頭開始減弱，從長遠來看，狗狗幣的價格可能會繼續惡化。

For these reasons, Dogecoin generally only makes sense for speculative traders willing to accept substantial risk. Responsible investors may be better served focusing on established coins with proven use cases. While potentially less exciting in the near-term, this strategy protects capital while still offering upside if the overall crypto market rebounds.

由於這些原因，狗狗幣通常只對願意接受巨大風險的投機交易者有意義。負責任的投資者可能會更好地關注具有經過驗證的用例的成熟代幣。雖然短期內可能不太令人興奮，但這種策略可以保護資本，同時如果整體加密貨幣市場反彈，仍然可以提供上行空間。