Dogecoin recently jumped to the $0.2 level for the first time since November 2021 amidst a month of exceptional bullish price action. Notably, DOGE is currently up by 128% this month and 97% in the past seven days, giving DOGE holders something to be happy about. According to a crypto analyst, this price surge is expected to continue and go parabolic to the $1 mark in this market cycle. 

在一个月的异常看涨价格走势中，狗狗币最近自 2021 年 11 月以来首次跃升至 0.2 美元水平。值得注意的是，DOGE 目前本月上涨了 128%，过去 7 天上涨了 97%，这让 DOGE 持有者感到高兴。一位加密货币分析师表示，这种价格飙升预计将持续下去，并在本市场周期中呈抛物线式升至 1 美元大关。

Dogecoin Set To Perform Exceptionally Well

狗狗币将表现异常出色

Current market dynamics and bullish sentiment have seen DOGE shooting up in market capitalization after an extended consolidation period. A recent surge past the $0.20 price level saw DOGE briefly overtaking Cardano and jumping up to the eighth position in market cap rankings. 

当前的市场动态和看涨情绪使得 DOGE 的市值在经过一段较​​长的盘整期后大幅上升。最近，DOGE 价格飙升至 0.20 美元以上，短暂超越了卡尔达诺，在市值排名中跃升至第八位。

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In a post shared on social media platform X, a crypto analyst known as Altcoin Sherpa, noted this recent surge as a sign of better things to come in this cycle. While the analyst didn’t give a particular price point, he noted that a $1 price per Dogecoin wouldn’t be too surprising.

在社交媒体平台 X 上分享的一篇帖子中，一位名为山寨币夏尔巴 (Altcoin Sherpa) 的加密货币分析师指出，最近的飙升是这个周期中将会出现更好事情的迹象。虽然分析师没有给出具体的价格点，但他指出，每个狗狗币 1 美元的价格并不会太令人惊讶。

$DOGE: Several notes on this one-

$DOGE：关于此的几个注释 -

-Its going to go to crazy #s this cycle, I don’t know what. $1 wouldn’t honestly surprise me.

-这个周期会变得疯狂，我不知道会发生什么。老实说，1 美元不会让我感到惊讶。

-Chart itself looks good, consolidated for like 600 days.

-图表本身看起来不错，整合了大约 600 天。

-Given the overall mc, this one is NOT going to give you as big of gains as… pic.twitter.com/ifNdTGCr9L

-考虑到整体MC，这个不会给你带来那么大的收益……pic.twitter.com/ifNdTGCr9L

— Altcoin Sherpa (@AltcoinSherpa) February 29, 2024

—山寨币夏尔巴 (@AltcoinSherpa) 2024 年 2 月 29 日

Interestingly, the $1 level would mean a ride to uncharted territory for DOGE, as the crypto is yet to cross above $0.8. A surge to $1 would mean a 465% surge from the current price level and past its current all-time high of $0.74.

有趣的是，1 美元的水平对 DOGE 来说意味着进入未知领域，因为加密货币尚未突破 0.8 美元以上。飙升至 1 美元意味着较当前价格水平上涨 465%，并超过当前的历史高点 0.74 美元。

The analyst noted that he doesn’t expect DOGE to perform as well as other meme-inspired cryptocurrencies with lower market caps like WIF, PEPE, and BONK, but its deep liquidity provides more of a stable investment. He also noted that DOGE and SHIB will probably take turns leading gains among meme coins.

这位分析师指出，他预计 DOGE 的表现不会像 WIF、PEPE 和 BONK 等其他市值较低的受 meme 启发的加密货币一样，但其深厚的流动性提供了更稳定的投资。他还指出，DOGE 和 SHIB 可能会轮流引领模因币的涨幅。

Meme Coins Continue To Shine

Meme 币继续闪耀

The meme coin market has grown significantly since the early days of DOGE’s creation, which started out as a joke. Since then, tons of meme coins have been created, but Dogecoin continues to solidify its position as the largest meme coin in terms of market cap, demonstrating signs of renewed enthusiasm every so often.

自 DOGE 诞生之初（最初只是一个笑话）以来，模因币市场已经显着增长。从那时起，大量的模因币被创造出来，但狗狗币继续巩固其作为市值最大的模因币的地位，时不时地表现出新的热情迹象。

At the time of writing, DOGE is trading at $0.18. Data from Coinglass shows that the open interest on DOGE futures contracts is now at $1.62 billion, a 10% increase in the past 24 hours. 

截至撰写本文时，DOGE 的交易价格为 0.18 美元。 Coinglass 的数据显示，DOGE 期货合约的未平仓合约目前为 16.2 亿美元，在过去 24 小时内增加了 10%。

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Other meme coins are also witnessing strong interest. According to Santiment, SHIB, PEPE, FLOKI, and BONK have seen an increase of over 3,000% in trading volume in the past week. The on-chain analytics platform credits the increase in trading volume to surging prices and increased crowd interest.

其他模因币也引起了浓厚的兴趣。据 Santiment 统计，过去一周，SHIB、PEPE、FLOKI 和 BONK 的交易量增长了 3,000% 以上。链上分析平台将交易量的增加归因于价格飙升和人群兴趣增加。

📈 #Memecoins, particularly those that have been trending over the past week, have skyrocketed in trading volume due to surging prices and increased crowd interest. On average, $SHIB, $PEPE, $FLOKI, and $BONK has seen volume rise +3,000% in the past week. https://t.co/MMHxbMotu0 pic.twitter.com/AiIaEbgGIz

📈 #Memecoins，特别是那些过去一周一直流行的货币，由于价格飙升和大众兴趣增加，交易量猛增。平均而言，$SHIB、$PEPE、$FLOKI 和 $BONK 的交易量在过去一周增长了 3,000% 以上。 https://t.co/MMHxbMotu0 pic.twitter.com/AiIaEbgGIz

— Santiment (@santimentfeed) March 4, 2024

— Santiment (@santimentfeed) 2024 年 3 月 4 日

SHIB, PEPE, FLOKI, and BONK are up by 277%, 256%, 204%, and 145% respectively in the past seven days, outperforming DOGE during the time frame. 

SHIB、PEPE、FLOKI 和 BONK 在过去 7 天内分别上涨了 277%、256%、204% 和 145%，在这段时间内的表现优于 DOGE。

DOGE bulls hold up price | Source: DOGEUSD on Tradingview.com

DOGE多头维持价格|资料来源：Tradingview.com 上的 DOGEUSD

精选图片来自 StormGain，图表来自 Tradingview.com

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