You can also read this news on COINTURK NEWS: Experts Predict Dogecoin Will Surpass Ripple’s Market Value
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Dogecoin (DOGE) currently has a market value of $19.8 billion and is trading at $0.145, while Ripple’s XRP is trading at $0.5 with a market value of $27 billion. A legal expert suggested that the case between the U.S. Securities and Exchange Commission (SEC) and Ripple could be resolved by summer, potentially increasing XRP’s market value. However, some experts expect Dogecoin to surpass XRP’s market value this year, listing seven reasons for this. Here’s how experts believe the biggest memecoin will outvalue the popular altcoin.
狗狗幣(DOGE)目前的市值為 198 億美元,交易價格為 0.145 美元,而 Ripple 的 XRP 交易價格為 0.5 美元,市值為 270 億美元。一位法律專家表示,美國證券交易委員會(SEC)和 Ripple 之間的案件可能會在夏季解決,這可能會增加 XRP 的市場價值。然而,一些專家預計狗狗幣今年的市值將超過 XRP,並列出了七個原因。專家認為,最大的迷因幣的價值將超過流行的山寨幣。
Elon Musk’s Influence
馬斯克的影響力
Elon Musk‘s endorsement and support of Dogecoin have significantly increased the memecoin‘s credibility and visibility. Musk’s public support historically led to significant price increases for DOGE, which traded at $0.003 in April 2019 and rose by 4,600% in five years.
伊隆馬斯克對狗狗幣的認可和支持極大地提高了迷因幣的可信度和知名度。歷史上,馬斯克的公眾支持導致 DOGE 價格大幅上漲,2019 年 4 月,DOGE 的交易價格為 0.003 美元,五年內上漲了 4,600%。
In contrast, Ripple’s XRP lacks a high-profile figure like Musk to elevate its profile.
相比之下,Ripple 的 XRP 缺乏像馬斯克這樣的高調人物來提升其知名度。
Large Investor Inflows
大量投資者流入
On May 4, Dogecoin saw a massive 582% increase in large investor inflows within 24 hours. This surge contrasts with XRP, which saw significant whale movements to exchanges, indicating potential bearish trends.
5 月 4 日,狗狗幣的大型投資者流入量在 24 小時內大幅增加了 582%。這一飆升與 XRP 形成鮮明對比,XRP 出現了大幅鯨魚向交易所的波動,顯示潛在的看跌趨勢。
Such inflows for Dogecoin indicate strong market confidence and potential price increases.
狗狗幣的此類資金流入表明了強勁的市場信心和潛在的價格上漲。
Tesla Starts Accepting DOGE for Payments
特斯拉開始接受 DOGE 付款
Tesla’s decision to accept DOGE for car purchases marked a significant milestone, causing a 21% price increase for DOGE. Adoption by a major company highlights the memecoin’s growing utility and market acceptance.
特斯拉決定接受 DOGE 購買汽車,這標誌著一個重要的里程碑,導致 DOGE 的價格上漲了 21%。大公司的採用凸顯了迷因幣不斷增長的實用性和市場接受度。
On the other hand, Ripple’s XRP may take time to form influential partnerships, especially with foreign banks and governments.
另一方面,Ripple 的 XRP 可能需要時間才能形成有影響力的合作夥伴關係,尤其是與外國銀行和政府的合作夥伴關係。
The Power of Memes
模因的力量
Dogecoin’s strong meme culture continues to boost its popularity, especially among tech-savvy investors. Memecoins led by Dogecoin have achieved significant gains. In contrast, XRP’s more traditional financial image lacks the same cultural appeal, potentially hindering short-term market momentum.
狗狗幣強大的迷因文化繼續提升其受歡迎程度,尤其是在精通技術的投資者中。以狗狗幣為首的 Memecoin 取得了顯著的收益。相較之下,XRP 更傳統的金融形象缺乏同樣的文化吸引力,可能會阻礙短期市場動能。
Strong Community and Ecosystem
強大的社區和生態系統
Dogecoin’s ecosystem, supported by other successful memecoins like Shiba Inu (SHIB) and Floki (FLOKI), demonstrates strong community support and collaboration. The creation of the MarketVector Meme Coin Index, which includes Dogecoin, underscores its importance in the memecoin sector.
狗狗幣的生態系統得到了 Shiba Inu (SHIB) 和 Floki (FLOKI) 等其他成功迷因幣的支持,展示了強大的社區支持和協作。 MarketVector Meme Coin 指數(其中包括狗狗幣)的創建強調了其在 memecoin 領域的重要性。
While XRP has a relatively strong community, it lacks the robust support seen with Dogecoin.
雖然 XRP 擁有相對強大的社區,但它缺乏像狗狗幣那樣的強大支持。
Stability from Proof of Work Consensus Mechanism
工作量證明共識機制的穩定性
Dogecoin’s Proof of Work (PoW) consensus mechanism provides stability by preventing inflation and attracting investors who value mining-based security. PoW’s integration with energy industries also appeals to those seeking alternatives to traditional financial systems. This aspect of Dogecoin’s network supports its long-term value retention. XRP lacks such a consensus mechanism.
狗狗幣的工作量證明(PoW)共識機制透過防止通貨膨脹並吸引重視基於挖礦的安全性的投資者來提供穩定性。 PoW 與能源產業的整合也吸引了那些尋求傳統金融系統替代方案的人。狗狗幣網路的這一方面支持其長期保值。 XRP缺乏這樣的共識機制。
Potential Fed Rate Cut
聯準會可能降息
A potential rate cut by the Fed this year could positively impact risky assets like Dogecoin. Such economic developments typically raise asset prices, and significant spending by Washington could increase demand for inflation-resistant assets like Dogecoin.
聯準會今年可能降息可能會對狗狗幣等風險資產產生正面影響。這種經濟發展通常會提高資產價格,而華盛頓的大量支出可能會增加對狗狗幣等抗通膨資產的需求。
The post first appeared on COINTURK NEWS: Experts Predict Dogecoin Will Surpass Ripple’s Market Value
該貼文首次出現在 COINTURK NEWS:專家預測狗狗幣將超越 Ripple 的市值