(24-hour Dogecoin price trend)

（24小時的狗狗價格趨勢）

Dogecoin's Wobbly Ascent: Can the Meme Coin Reach $1?

Dogecoin (DOGE), the cryptocurrency born from a meme, is once again making headlines. As of March 4th, 2025, at 11:00 AM, DOGE is trading at $0.19179892281911, with a 24-hour trading volume of $2,900,250,746.4456. However, the coin experienced a significant downturn in the past 24 hours, plummeting by -15.54804874%. This volatility underscores the inherent risk associated with investing in Dogecoin. With a circulating supply of 148,282,916,383.71 DOGE (matching its total and maximum supply), its current market capitalization sits at $28,440,503,634.87.

Dogecoin的搖擺不定：模因硬幣可以達到$ 1？Dogecoin（Doge），即從模因中出生的加密貨幣，再次成為頭條新聞。截至2025年3月4日上午11:00，Doge的交易價格為0.19179892281911，交易量為24小時2,900,250,746.4456。 但是，硬幣在過去24小時內經歷了明顯的衰退，下降了-15.54804874％。 這種波動強調了與投資Dogecoin相關的固有風險。 循環供應量為148,282,916,383.71多名（與其總供應量相匹配），其當前市值為28,440,503,634.87美元。

The question on many investors' minds remains: can Dogecoin break free from its recent slump and finally reach its much-hyped $1 target? The coin's history is punctuated by periods of dramatic price swings, largely driven by social media trends and celebrity endorsements. While its large and dedicated community continues to support it, its fundamental value remains a subject of intense debate. Unlike Bitcoin, which has a clear scarcity model and underlying blockchain technology focused on decentralized transactions, Dogecoin's primary value proposition rests on its memetic origins and community sentiment.

許多投資者的想法仍然存在：Dogecoin能否擺脫最近的低迷並最終達到其備受推崇的1美元目標？ 硬幣的歷史被戲劇性的價格波動所刺破，這在很大程度上是由社交媒體趨勢和名人代言驅動的。儘管其龐大而敬業的社區繼續支持它，但其基本價值仍然是激烈辯論的主題。 與比特幣不同的是，比特幣具有明顯的稀缺模型和重點是分散交易的基礎區塊鏈技術，而Dogecoin的主要價值主張取決於其記憶的起源和社區情緒。

Recent speculation surrounding potential adoption by influential figures, such as the rumored interest from former President Trump, has injected further volatility into the market. While such endorsements can trigger short-term price surges, they offer little in the way of long-term sustainability. The sustained growth of any cryptocurrency hinges on factors like technological innovation, widespread adoption by businesses and consumers, and a robust regulatory framework. Dogecoin currently lacks significant progress in these areas.

最近的猜測圍繞著有影響力的人物採用的潛在採用，例如前總統特朗普的傳聞興趣，已經向市場注入了進一步的波動。 儘管這種認可可以引發短期價格飆升，但它們幾乎沒有長期可持續性的方式。 任何加密貨幣的持續增長都取決於技術創新，企業和消費者廣泛採用以及強大的監管框架等因素。 Dogecoin目前在這些領域缺乏取得的重大進展。

The -15.55% drop serves as a stark reminder of the inherent risks involved in investing in volatile cryptocurrencies. While the dream of Dogecoin reaching $1 persists among its loyal fanbase, a realistic assessment suggests that this outcome is far from guaranteed. The current market conditions, coupled with the lack of a strong underlying technological foundation, point towards a challenging path ahead for this meme-based cryptocurrency. Investors should proceed with caution and conduct thorough research before investing in Dogecoin or any other cryptocurrency. The potential for substantial gains must be weighed against the equally significant risk of substantial losses.

-15.55％的下降迅速提醒人們投資揮發性加密貨幣所涉及的固有風險。 雖然Dogecoin的夢想在其忠實的粉絲群中仍然存在1美元，但現實的評估表明，這種結果遠非保證。 當前的市場狀況，加上缺乏強大的潛在技術基礎，指向這種基於模因的加密貨幣的挑戰性途徑。 投資者應謹慎行事並進行徹底的研究，然後再投資Dogecoin或任何其他加密貨幣。 必須權衡實質性收益的潛力，與同樣重大損失的重大風險。