Dogecoin Surges, Overtakes XRP for Seventh Place

狗狗幣飆升，超越 XRP 排名第七

Dogecoin (DOGE) has witnessed a remarkable surge in value, with prices soaring 14% on Sunday. This surge catapulted DOGE above XRP to become the seventh-largest cryptocurrency by market capitalization. Notably, the rally has driven DOGE's 7-day gains to an impressive 55%, fueled by growing bullish sentiment.

狗狗幣 (DOGE) 的價值大幅飆升，週日價格飆升 14%。這一飆升使 DOGE 超越 XRP，成為市值第七大加密貨幣。值得注意的是，在看漲情緒不斷增強的推動下，DOGE 的 7 天漲幅達到令人印象深刻的 55%。

DOGE Targets USDC with Growing Market Momentum

DOGE瞄準USDC，市場動能不斷成長

On Sunday, DOGE's price surpassed the 23-cent mark, reaching its highest point since November 2021. This surge boosted its market value to over $34 billion, surpassing XRP, which held a market capitalization of $33.3 billion.

週日，DOGE 的價格突破 23 美分大關，達到 2021 年 11 月以來的最高點。

If DOGE sustains its momentum, it may soon overtake Circle's stablecoin USDC, which is currently valued at $37 billion. This would be a significant achievement for Dogecoin, which has experienced a recent resurgence in interest and trading activity.

如果 DOGE 保持其勢頭，它可能很快就會超過 Circle 的穩定幣 USDC，後者目前估值為 370 億美元。對於最近興趣和交易活動復甦的狗狗幣來說，這將是一項重大成就。

Futures Market Signals Confidence

期貨市場釋放信心

The surge in Dogecoin's value is also evident in its futures market, where open interest is approaching all-time highs. Since last week, open interest has jumped 33%, now exceeding 8.33 billion DOGE, which equates to over $1.8 billion at current prices. This increase in open interest suggests that traders are bullish on DOGE's continued price appreciation.

狗狗幣價值的飆昇在其期貨市場上也很明顯，未平倉合約已接近歷史最高水準。自上週以來，未平倉合約激增 33%，目前已超過 83.3 億 DOGE，以目前價格計算，相當於超過 18 億美元。未平倉合約的增加表明交易者看好 DOGE 價格的持續上漲。

Elon Musk's Influence and Political Buzz

伊隆馬斯克的影響力與政治輿論

A key factor driving Dogecoin's resurgence is renewed interest sparked by Elon Musk's involvement with Donald Trump's political moves. This connection has generated optimism and increased market attention around DOGE.

推動狗狗幣復甦的一個關鍵因素是伊隆馬斯克參與唐納德川普的政治舉動重新引發了人們的興趣。這種聯繫引發了人們的樂觀情緒，並增加了市場對 DOGE 的關注。

Musk has proposed the idea of a "Department of Government Efficiency" (D.O.G.E.), a move that has brought additional visibility to the cryptocurrency. This potential association has fueled enthusiasm among traders, who anticipate increased media coverage and trading activity.

馬斯克提出了「政府效率部」（D.O.G.E.）的想法，此舉提高了加密貨幣的知名度。這種潛在的關聯激發了交易者的熱情，他們預計媒體報告和交易活動將會增加。

D.O.G.E. Soars 600%

多吉飆漲600%

Dogecoin's rally is not isolated; a parody memecoin, D.O.G.E. on Ethereum, has surged over 600% since October, showing the ongoing momentum in the memecoin market.

狗狗幣的上漲並不是孤立的；模仿 memecoin，D.O.G.E.自 10 月以來，以太坊上的 Memecoin 已飆升超過 600%，顯示了 memecoin 市場的持續勢頭。

Optimistic Outlook

樂觀的前景

Traders remain optimistic about Dogecoin's trajectory, with many believing the rally is far from over. Musk's involvement and political rumors surrounding Trump may continue to drive DOGE's growth and capture further market share in the coming weeks.

交易員對狗狗幣的走勢仍持樂觀態度，許多人認為漲勢遠未結束。馬斯克的參與和圍繞川普的政治謠言可能會繼續推動 DOGE 的成長，並在未來幾週內佔領更多市場份額。