(24-hour Dogecoin price trend)

（24小時的狗狗價格趨勢）

Dogecoin Plunges After Brief Surge: Can the Meme Coin Recover?

Dogecoin (DOGE) experienced a dramatic downturn on March 4th, 2025, plummeting over 10% after a brief price spike. As of 5 PM UTC, DOGE is trading at $0.19259870475513, with a 24-hour trading volume of $2,695,651,317.23. This represents a significant 12.0037% drop in the past 24 hours. The circulating supply remains at 148,286,386,383.71 DOGE, resulting in a market capitalization of approximately $28,559,765,950.32.

短暫湧現後，多黴素暴跌：模因硬幣可以恢復嗎？狗狗（Doge）在2025年3月4日經歷了戲劇性的衰退，在短暫的價格上漲之後下降了10％以上。 截至UTC下午5點，Doge的交易價格為0.19259870475513，交易量為2,695,651,317.23美元。在過去的24小時內，這是顯著下降的12.0037％。 循環供應量仍為148,286,386,383.71 doge，導致市值約為28,559,765,950.32。

The recent decline breaks a crucial support level for DOGE, highlighting the broader struggles within the meme coin market. Since late January, DOGE has failed to regain its previous highs, experiencing a series of weekly fluctuations. Speculation surrounding a potential surge towards $0.25 has yet to materialize, leaving investors questioning the sustainability of any upward momentum.

最近的下降打破了Doge的關鍵支持水平，強調了Meme Coin市場中更廣泛的鬥爭。自1月下旬以來，Doge未能重新獲得以前的高潮，經歷了一系列每週的波動。 圍繞涉及0.25美元的潛在激增的猜測尚未實現，這使投資者質疑任何向上勢頭的可持續性。

The question on many investors' minds is whether DOGE can escape its current slump and potentially reach its long-held aspirational price of $1. While past performance is not indicative of future results, the recent volatility underscores the inherent risks associated with meme coins. Their price movements are often driven by hype, social media trends, and speculative trading, rather than fundamental factors.

許多投資者想法的問題是，Doge是否可以逃脫其目前的低迷，並有可能達到其長期以來的志向價格為1美元。 儘管過去的性能並不能表明未來的結果，但最近的波動率突顯了與模因硬幣相關的固有風險。 他們的價格變動通常是由炒作，社交媒體趨勢和投機性交易驅動的，而不是基本因素。

Adding to the uncertainty, recent news surrounding potential endorsements, such as the rumored interest from Donald Trump, has failed to provide sustained upward pressure. While such announcements can create short-term price spikes, their long-term impact remains questionable.

除了不確定性外，最近的新聞圍繞潛在認可的新聞，例如唐納德·特朗普的興趣，但未能提供持續的向上壓力。 儘管此類公告可以創造短期價格上漲，但它們的長期影響仍然值得懷疑。

The current market situation highlights the need for caution when investing in volatile cryptocurrencies like DOGE. Investors should conduct thorough research, diversify their portfolios, and only invest what they can afford to lose. The future trajectory of DOGE remains uncertain, and its ability to overcome the current bearish sentiment remains to be seen. The meme coin's journey towards $1, once considered a realistic possibility by some, now appears a far more distant prospect, contingent on significant market shifts and sustained positive momentum.

當前的市場狀況凸顯了在投資Doge這樣的波動加密貨幣時需要謹慎的需求。 投資者應進行徹底的研究，使投資組合多樣化，並只投資他們負擔得起的損失。 Doge的未來軌跡仍然不確定，並且它克服當前的看跌情緒的能力還有待觀察。 模因硬幣的1美元之旅曾經被某些人認為是一種現實的可能性，現在似乎更加遙遠，取決於重大的市場轉變和持續積極的勢頭。