Dogecoin Surges Following Trump's Victory and Musk's Endorsement

川普獲勝和馬斯克的支持後，狗狗幣飆升

The leading memecoin, Dogecoin (DOGE), has witnessed a significant surge in value, alongside other memecoins, thanks to Elon Musk's continued support.

在馬斯克的持續支持下，領先的迷因幣狗狗幣（DOGE）與其他迷因幣一起見證了價值的大幅飆升。

Within the past 24 hours, DOGE has experienced an impressive 25% growth, marking a 65% increase over the last 30 days, making it one of the most profitable major altcoins. Musk's unwavering backing of Dogecoin since 2021 has continued, with his recent proposal to establish the "Department of Government Efficiency" (D.O.G.E.) in the U.S. administration. This proposal aims to enhance government spending and financial planning efficiency. The proposal gained further traction following the re-election of Republican candidate Donald Trump.

在過去 24 小時內，DOGE 經歷了令人印象深刻的 25% 增長，在過去 30 天內增長了 65%，使其成為最賺錢的主要山寨幣之一。馬斯克自 2021 年以來一直堅定不移地支持狗狗幣，他最近提議在美國政府中設立「政府效率部」(D.O.G.E.)。該提案旨在提高政府支出和財務規劃效率。在共和黨候選人唐納德·川普連任後，該提案獲得了進一步的關注。

Trump's Victory Impacts DOGE

川普的勝利影響 DOGE

According to Fox News, early European election results confirmed Trump's return to the presidency. This victory has had a positive impact on the cryptocurrency market, boosting Dogecoin alongside Bitcoin and other altcoins.

根據福克斯新聞報道，早期的歐洲選舉結果證實了川普重返總統寶座。這場勝利對加密貨幣市場產生了積極影響，與比特幣和其他山寨幣一起提振了狗狗幣。

Over the past 24 hours, $30 million in short positions were liquidated in Dogecoin futures, indicating investors unwinding losing positions and driving up the price.

在過去 24 小時內，狗狗幣期貨的空頭部位被清算了 3,000 萬美元，這表明投資者正在平倉並推高價格。

The open interest in Dogecoin futures contracts increased from 7 billion coins on Monday to 8.3 billion coins, reflecting the growing demand and expectations of a continued price rise.

狗狗幣期貨合約的未平倉合約從週一的 70 億枚增至 83 億枚，反映出需求不斷增長以及價格持續上漲的預期。

Other Memecoins Benefit

其他 Memecoin 的好處

Musk's support has extended beyond DOGE to include the Ethereum-based D.O.G.E token. This memecoin has gained 77% in the past 24 hours and has surged over 500% since its initial recognition. The positive sentiment surrounding Dogecoin has also buoyed other dog-themed memecoins, including Shiba Inu (SHIB), Floki (FLOKI), and Bonk (BONK), which have all risen by over 10%.

馬斯克的支援不僅限於 DOGE，還包括基於以太坊的 D.O.G.E 代幣。這個 memecoin 在過去 24 小時內上漲了 77%，自最初被認可以來已飆升超過 500%。圍繞狗狗幣的正面情緒也提振了其他以狗為主題的 memecoin，包括 Shiba Inu (SHIB)、Floki (FLOKI) 和 Bonk (BONK)，這些貨幣的漲幅均超過 10%。

Analyst Commentary

分析師評論

Cryptocurrency analyst unipcs attributes Musk's support for Trump and the "Department of Government Efficiency" narrative as key factors in Trump's victory. They anticipate that DOGE and Ethereum-based D.O.G.E coins will continue to appreciate in value. The analyst suggests that "The Musk effect has yet to be priced in for DOGE," implying that further media attention will contribute to DOGE's ongoing value appreciation.

加密貨幣分析師unipcs將馬斯克對川普的支持和「政府效率部」的敘述視為川普獲勝的關鍵因素。他們預計 DOGE 和基於以太坊的 DOGE 代幣將繼續升值。該分析師表示，“DOGE 的馬斯克效應尚未反映在價格中”，這意味著媒體的進一步關注將有助於 DOGE 的持續價值升值。