Renowned Bitcoin investor and market commentator AngeloBTC recently made an optimistic prediction for Dogecoin (DOGE), one of the giant altcoins inspired by memes, in a post on his personal social media account X. The analyst gave a bold target of $1 for Dogecoin’s DOGE.

著名比特幣投資者和市場評論員AngeloBTC 最近在其個人社交媒體帳戶X 上發帖，對狗狗幣（DOGE）做出了樂觀預測，狗狗幣是受模因啟發的巨型山寨幣之一。分析師為狗狗幣DOGE 給了1 美元的大膽目標。

The Meteoric Rise and Subsequent Fall of Dogecoin

狗狗幣的迅速崛起和隨後的下跌

Dogecoin attracted attention and dominated headlines with its strong rise at the beginning of 2021. The price of DOGE rose attributed to the factors that made it a globally discussed asset. Support from influential figures like Elon Musk and the increase in individual investor interest played a significant role in the meteoric rise.

狗狗幣在 2021 年初的強勁上漲引起了人們的關注並佔據了頭條新聞。狗狗幣的價格上漲歸因於使其成為全球討論資產的因素。馬斯克等有影響力人物的支持以及個人投資者興趣的增加在其迅速崛起中發揮了重要作用。

The widespread adoption of cryptocurrencies and the subsequent rise propelled Dogecoin to its all-time highs. However, this rapid rise did not last long. Over time, Dogecoin faced strong correction pressure and the beloved memecoin is currently priced 91.39% below its peak.

加密貨幣的廣泛採用和隨後的上漲將狗狗幣推升至歷史新高。然而，這種快速上漲並沒有持續太久。隨著時間的推移，狗狗幣面臨著強大的回調壓力，而備受喜愛的迷因幣目前的價格比其峰值低了 91.39%。

Various factors contributed to the sharp correction in Dogecoin, including early investors making substantial profits, concerns about the meme coin’s fundamental value and utility, and the overall market retreat in the cryptocurrency industry. Investors have started to turn back to DOGE, which has long been confined to a narrow range. Surprising and attention-grabbing moves by figures like AngeloBTC confirm this situation.

多種因素導致了狗狗幣的大幅回調，包括早期投資者的大幅獲利、對迷因幣基本價值和實用性的擔憂以及加密貨幣行業的整體市場回落。投資人開始轉向長期窄幅波動的DOGE。 AngeloBTC 等人物令人驚訝且引人注目的舉動證實了這一情況。

Dogecoin Among the Top 10 Cryptocurrencies

狗狗幣躋身十大加密貨幣之列

After a 2.7% rise in the past 24 hours, Dogecoin is trading at $0.063073. With a market cap approaching $9 billion and a 24-hour trading volume of over $296 million, Dogecoin continues to be a popular altcoin among investors. The largest memecoin currently ranks among the top 10 cryptocurrencies by market value.

狗狗幣在過去 24 小時內上漲 2.7% 後，目前交易價格為 0.063073 美元。狗狗幣的市值接近 90 億美元，24 小時交易量超過 2.96 億美元，仍然是投資者中受歡迎的山寨幣。目前最大的 memecoin 按市值排名前 10 名的加密貨幣。

While it would be interesting for investors to see if the anticipated $1 level in DOGE, as expected by figures like AngeloBTC, is reached, it seems that the integration of memecoin into X payments will be the fundamental catalyst for such a rise.

雖然投資者很想知道 DOGE 是否達到預期的 1 美元水平（如 AngeloBTC 等數據所預期的那樣），但 memecoin 與 X 支付的整合似乎將成為這種上漲的根本催化劑。

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