Dogecoin (DOGE) has boosted, by 10% gaining its valuation. now a cryptocurrency worth $0.1986 has already got almost 3.68% growth and seen an active market. Over the past hours its value has been rising partially due to the activity in markets. Not only this, but a seven-day momentum of Dogecoin has been observed and this crypto exceeded by more than 10% of its initial value.

狗狗幣 (DOGE) 的估值上漲了 10%。現在，價值 0.1986 美元的加密貨幣已經成長了近 3.68%，市場活躍。在過去的幾個小時裡，其價值一直在上漲，部分原因是市場活動。不僅如此，狗狗幣的 7 天勢頭也被觀察到，而該加密貨幣的價值超過了其初始價值的 10% 以上。

Dogecoin surge challenging XRP position

Dogecoin now, the meme-based cryptocurrency has got a market cap of 28.78 billion dollars. So, can be placed at the eighth position of the top ten cryptocurrencies, in terms of market capitalization. For a total trade volume over the past hours of $2.72 billion, the trading period can be considered very active. 

狗狗幣飆升挑戰 XRP 地位狗狗幣現在，這種基於 meme 的加密貨幣的市值已達到 287.8 億美元。因此，就市值而言，可以排在十大加密貨幣的第八位。過去幾個小時的總交易量為 27.2 億美元，可以說交易期間非常活躍。

Source: coin market cap

資料來源：硬幣市值

This event introduces a doubt: Is it possible for Dogecoin to surpass the growth rate of Ripple‘s XRP such that the ranking group will be shifting constantly? This development is exciting rumor-frenzy among the positive-cast market watchers and investors.

這事件引發了一個疑問：狗狗幣是否有可能超越瑞波幣XRP的成長速度，進而導致排名不斷變化？這一進展在積極的市場觀察家和投資者中引發了令人興奮的謠言狂潮。

Dogecoin liquidity and stability

The most important attribute that describe Dogecoin’s market volatility is its volume to market cap ratio with that being currently at 9.45%. The fact that the ratio is so high reflects the market as constituted of assets that can be liquidated and purchased with a certain amount of ease. 

The number of coins of doge circulating on the market remains at 143.84 billion indicating that the supply is constant and unaffected by external reasons.

The movement of Dogecoin could be regarded as a dynamic cryptocurrency market, where investors can sway from a currency as well. The currency could be about its community following or, on the other hand, purely speculative in nature. 

As the news flow of the cryptocurrency has already been in the headlines cryptocurrency’s performance will be closely monitored for the remaining days which will be essential to assess whether sustained growth can be seen.

由於加密貨幣的新聞流已經成為頭條新聞，因此在接下來的幾天裡，加密貨幣的表現將受到密切監控，這對於評估是否可以看到持續成長至關重要。