(24-hour Dogecoin price trend)
(24小時的狗狗價格趨勢)
Dogecoin (DOGE) Experiences Significant Price Surge Amidst Bitwise ETF Speculation
On March 5th, 2025, at 9 PM UTC, Dogecoin reached a price of $0.202363, marking a 6.77% increase over the previous 24 hours. This surge coincided with heightened speculation surrounding the potential approval of a Bitwise Bitcoin ETF. The 24-hour trading volume for DOGE stood at a substantial $2,052,358,471.38. The circulating supply of Dogecoin remains at 148,302,096,383.71, resulting in a market capitalization of approximately $30,010,881,504.81. There is no maximum supply listed for Dogecoin.
2025年3月5日,UTC下午9點,Dogecoin的價格為0.202363美元,比前24小時增加了6.77%。 這種激增與圍繞比特幣ETF的潛在批准的猜測增強。 Doge的24小時交易量為2,052,358,471.38美元。 Dogecoin的循環供應仍為148,302,096,383.71,市值約為30,010,881,504.81美元。 狗狗幣沒有列出的最大供應。
The recent price jump has fueled renewed interest in the meme-based cryptocurrency, with some analysts suggesting that the approval of a Bitcoin ETF could indirectly benefit Dogecoin. The theory is that increased institutional investment in Bitcoin, facilitated by the ETF's accessibility, could lead to a spillover effect, driving investment into other cryptocurrencies, including Dogecoin. This narrative has led to considerable online discussion and speculation about the possibility of DOGE reaching a price of $1.00 or higher.
最近的價格上漲激發了人們對基於模因的加密貨幣的重新興趣,一些分析師表明,比特幣ETF的批准可能會間接受益於狗狗。 理論是,由ETF的可及性促進的比特幣的機構投資增加可能會導致溢出效應,從而推動包括Dogecoin在內的其他加密貨幣投資。 這種敘述導致了大量的在線討論和猜測,關於總督的可能性達到1.00美元或更高的可能性。
However, it's crucial to approach such predictions with caution. While the correlation between Bitcoin's performance and altcoin prices, like Dogecoin's, is often observed, it's not a guaranteed relationship. Several factors influence Dogecoin's price, including market sentiment, social media trends, and overall cryptocurrency market conditions. The potential approval of a Bitwise Bitcoin ETF is certainly a significant catalyst, but it's not the sole determinant of Dogecoin's future price movement.
但是,謹慎對待此類預測至關重要。經常觀察到比特幣的性能與山寨幣價格(如Dogecoin)之間的相關性,但這並不是保證的關係。 幾個因素影響了Dogecoin的價格,包括市場情緒,社交媒體趨勢和整體加密貨幣市場狀況。 比特幣ETF的潛在批准無疑是一種重要的催化劑,但這並不是Dogecoin未來價格運動的唯一決定因素。
Investors should conduct thorough research and carefully assess their risk tolerance before investing in any cryptocurrency, including Dogecoin. The highly volatile nature of the cryptocurrency market necessitates a well-informed approach, acknowledging the potential for both substantial gains and significant losses. The current price surge should be viewed within the context of this inherent volatility, and predictions of future price targets should be treated with skepticism.
投資者應進行徹底的研究並仔細評估其風險承受能力,然後再投資包括Dogecoin在內的任何加密貨幣。 加密貨幣市場的高度波動性的性質需要採取良好的方法,承認潛在的巨大損失和巨大的損失。 應在這種固有的波動率的背景下查看當前的價格浪,並應懷疑對未來價格目標的預測。