Bitwise, a crypto index fund manager, has proposed launching a Dogecoin ETF. Analyst Ali Martinez predicts that this could lead to a surge in Dogecoin's value, potentially reaching $15.

加密貨幣指數基金經理 Bitwise 提議推出狗狗幣 ETF。分析師阿里馬丁內斯 (Ali Martinez) 預測，這可能會導致狗狗幣的價值飆升，有可能達到 15 美元。

Bitwise filed its proposal with the Delaware Department of State's Division of Corporations on Wednesday.

Bitwise 於週三向特拉華州國務院企業部門提交了提案。

Institutional Validation for Dogecoin

狗狗幣的機構驗證

Bitwise's ETF proposal follows a series of similar applications submitted by Rex Shares and Osprey, including one for a DOGE investment product. The approval of a Dogecoin ETF would grant the largest meme coin by market cap, initially created as a joke in 2013, access to a pool of institutional investors.

Bitwise 的 ETF 提案是在 Rex Shares 和 Osprey 提交的一系列類似申請之後提出的，其中包括 DOGE 投資產品的申請。狗狗幣 ETF 的批准將使市值最大的 meme 代幣（最初於 2013 年作為一個笑話創建）獲得機構投資者的青睞。

Potential Price Surge

潛在的價格飆升

Martinez believes that the approval of a Dogecoin ETF could trigger a surge in the coin's price to $15. This is based on the assumption that Dogecoin ETFs will capture a portion of the over $50 billion inflows seen in Bitcoin ETFs over the past year.

馬丁內斯認為，狗狗幣 ETF 的批准可能會引發狗狗幣價格飆升至 15 美元。這是基於這樣的假設：狗狗幣 ETF 將捕獲過去一年比特幣 ETF 超過 500 億美元資金流入的一部分。

Recent Market Volatility

近期市場波動

Despite the ETF proposal, Dogecoin's price has seen a decline of over 4% in the past 24 hours, trading at $0.3521 as of 2:12 a.m. EST. This follows a broader negative trend over the past week.

儘管有 ETF 提議，但狗狗幣的價格在過去 24 小時內下跌了 4% 以上，截至美國東部時間凌晨 2:12 交易價格為 0.3521 美元。這是繼過去一周更廣泛的負面趨勢之後出現的。

Elon Musk's Influence

馬斯克的影響力

Dogecoin's market capitalization has witnessed a significant increase in the past year, largely due to its popularity as a speculative trade. Its performance has also been influenced by the endorsement of Tesla CEO Elon Musk.

狗狗幣的市值在過去一年中大幅增長，這主要是由於其作為投機交易的受歡迎程度。其業績也受到特斯拉執行長馬斯克的背書影響。

Musk's launch of the Department of Government Efficiency (DOGE) has further contributed to the meme coin's gains. The department's official website briefly displayed Dogecoin's logo, leading to a price surge.

馬斯克推出政府效率部（DOGE）進一步推動了迷因幣的漲幅。該部門的官網短暫展示了狗狗幣的標誌，導致價格飆升。

Dogecoin's Mission

狗狗幣的使命

Dogecoin has embarked on a mission to reduce US government spending by closing down certain departments and cutting down government employees.

狗狗幣已開始執行透過關閉某些部門和裁減政府員工來減少美國政府支出的使命。