Dogecoin (DOGE), one of the top 10 cryptocurrencies in terms of market capitalization, has attracted all attention as one of the best performers of the day. At the time of writing, each DOGE is trading at $0.07368 and has a market value exceeding $10.43 billion.

狗狗幣（DOGE）是市值排名前十的加密貨幣之一，作為當天表現最好的加密貨幣之一而引起了所有人的注意。截至本文撰寫時，每個 DOGE 的交易價格為 0.07368 美元，市值超過 104.3 億美元。

Price Target in Dogecoin

狗狗幣的價格目標

Discussions continue about Dogecoin, the meme coin with the largest market capitalization in the cryptocurrency universe. Traders and investors continue to comment on whether Dogecoin can reach the anticipated historical level of $1 with a strong price movement.

關於狗狗幣的討論仍在繼續，這是加密貨幣領域市值最大的迷因幣。交易員和投資者繼續評論狗狗幣能否透過強勁的價格走勢達到預期的 1 美元歷史水平。

For such a price to occur, Dogecoin needs to achieve a 1,257% increase from its current level. In addition, considering the circulating supply for Dogecoin to reach $1, it needs to have a market capitalization of $141.57 billion.

要達到這樣的價格，狗狗幣需要比目前水準上漲 1,257%。此外，考慮到狗狗幣的流通量要達到1美元，它需要有1,415.7億美元的市值。

If this situation happens, its market value will make DOGE the third largest cryptocurrency after Ethereum (ETH) with a market value of $218.61 billion and Bitcoin (BTC) with a market value of $668.84 billion.

如果這種情況發生，其市值將使DOGE成為繼以太坊（ETH）市值2186.1億美元和比特幣（BTC）市值6688.4億美元之後的第三大加密貨幣。

In addition, it should be noted that Dogecoin has one of the highest supply inflations among the top 10 cryptocurrencies. This situation can directly affect the possibility of reaching higher prices even if the demand for DOGE increases over time.

此外，值得注意的是，狗狗幣是十大加密貨幣中供應通膨率最高的之一。即使 DOGE 的需求隨著時間的推移而增加，這種情況也會直接影響達到更高價格的可能性。

Dogecoin had approached the $1 level in the past. On May 8, 2021, Dogecoin reached a market value of $88.80 billion and reached its all-time high price of $0.73. If the highest circulation occurs in DOGE, there may be a decrease of more than 15% in its price and it can trade at $0.62 with the current circulating supply.

狗狗幣過去曾接近 1 美元的水平。 2021 年 5 月 8 日，狗狗幣市值達到 888 億美元，價格達到 0.73 美元的歷史新高。如果 DOGE 出現最高流通量，則其價格可能會下跌 15% 以上，以當前流通供應量計算，其交易價格為 0.62 美元。

Dogecoin Price Analysis

狗狗幣價格分析

Speaking of the price performance of DOGE on October 26, it rose to $0.06632 with a 10.58% price increase at the time of writing and is trading at this price.

說到 DOGE 10 月 26 日的價格表現，截至撰寫本文時，其價格上漲 10.58%，升至 0.06632 美元，並以此價格進行交易。

Although reaching the $1 price level in Dogecoin is not impossible, it will also require an unprecedented demand to overcome the future increase in supply. For this to happen, Elon Musk and perhaps other celebrities need to provide clear support, similar to what happened in the past.

儘管狗狗幣達到 1 美元的價格水平並非不可能，但也需要前所未有的需求來克服未來供應的增加。為了實現這一目標，伊隆馬斯克和其他名人可能需要提供明確的支持，就像過去發生的情況一樣。

繼續閱讀：https://en.coin-turk.com/is-it-more-logic-to-invest-in-dogecoin-doge-or-ripple-xrp/