The Dogecoin price is currently trading at around $0.15 - $0.20 in early March, still far below its all-time high of $0.74 despite its pump this month, prompting questions about its investment potential this year. 

3 月初，狗狗币价格目前交易价格约为 0.15 至 0.20 美元，尽管本月大幅上涨，但仍远低于 0.74 美元的历史高点，引发了人们对其今年投资潜力的质疑。

This article explores the key considerations before buying Dogecoin, with a particular focus on the feasibility of $1 predictions in 2024.

本文探讨了购买狗狗币之前的关键考虑因素，特别关注 2024 年 1 美元预测的可行性。

Limited Utility, Market Volatility, and Competition: A Cocktail of Uncertainty

有限效用、市场波动和竞争：不确定性的混合物

One major concern surrounding Dogecoin is its limited utility. Unlike numerous cryptocurrencies with specific purposes, Dogecoin primarily functions as a tipping and meme-based currency. This lack of real-world applications raises concerns about its long-term viability and ability to experience significant price appreciation.

围绕狗狗币的一大担忧是其实用性有限。与众多具有特定用途的加密货币不同，狗狗币主要用作小费和基于模因的货币。缺乏实际应用引发了人们对其长期生存能力和价格大幅升值能力的担忧。

Furthermore, the inherent volatility of the cryptocurrency market, with Dogecoin being no exception, adds another layer of risk. Its price is heavily influenced by market sentiment and hype - particularly tweets from Elon Musk - making it a riskier investment compared to more established assets. This volatility can lead to sudden and significant price swings, potentially resulting in substantial losses for investors.

此外，加密货币市场固有的波动性（狗狗币也不例外）增加了另一层风险。它的价格很大程度上受到市场情绪和炒作的影响，尤其是埃隆·马斯克的推文，这使得它与更成熟的资产相比成为风险更高的投资。这种波动可能导致价格突然大幅波动，可能给投资者带来重大损失。

Adding to the uncertainty is the ever-evolving landscape of cryptocurrencies, with new projects constantly emerging. Dogecoin faces stiff competition from established players and innovative newcomers, making its future growth path uncertain.

加密货币不断发展的格局以及新项目的不断涌现也增加了不确定性。狗狗币面临着来自老牌玩家和创新新玩家的激烈竞争，使其未来的增长道路充满不确定性。

Established cryptocurrencies with well-defined use cases may attract more users and investment, potentially hindering Dogecoin's growth. Additionally, the unclear regulatory landscape surrounding cryptocurrencies introduces another layer of risk for potential investors.

具有明确用例的成熟加密货币可能会吸引更多用户和投资，从而可能阻碍狗狗币的增长。此外，围绕加密货币的监管环境不明确给潜在投资者带来了另一层风险。

Recent Price Surge and Underlying Volatility: Dogecoin Price Action

最近的价格飙升和潜在波动：狗狗币价格走势

Dogecoin has recently experienced a significant uptick in price, aligning with the overall bullish sentiment in the cryptocurrency market. At the time of writing, its price sits at $0.18, representing a notable gain of over 14% within the past 24 hours. 

狗狗币最近价格大幅上涨，与加密货币市场的整体看涨情绪一致。截至撰写本文时，其价格为 0.18 美元，过去 24 小时内涨幅超过 14%。

This surge is part of a broader trend that has seen Dogecoin's value skyrocket by 133% over the past month - although prior to that its price traded sideways for most of 2023.

这种飙升是更广泛趋势的一部分，过去一个月狗狗币的价值飙升了 133%，尽管在此之前其价格在 2023 年的大部分时间里都在横盘整理。

Several factors contribute to this recent upward trajectory. The broader cryptocurrency market is currently experiencing positive sentiment, which has buoyed the price of Dogecoin alongside other altcoins. 

有几个因素促成了近期的上升轨迹。目前，更广泛的加密货币市场正在经历积极的情绪，这提振了狗狗币和其他山寨币的价格。

Along with that, the recent surge in Bitcoin's price, exceeding $67,000, has had a positive spillover effect on the altcoin market, including Dogecoin.

除此之外，最近比特币价格飙升超过 67,000 美元，对包括狗狗币在内的山寨币市场产生了积极的溢出效应。

Dogecoin's trading volume has also seen a substantial rise, reaching the $6 billion mark, indicating increased investor interest. However, it's crucial to remember that Dogecoin's price history is marked by significant volatility. 

狗狗币的交易量也大幅上升，达到 60 亿美元大关，表明投资者的兴趣有所增加。然而，重要的是要记住，狗狗币的价格历史具有显着的波动性。

In the latest trading sessions, its value has fluctuated between $0.15 and $0.20, highlighting the inherent risk associated with this investment.

在最近的交易日中，其价值在 0.15 美元至 0.20 美元之间波动，凸显了与此项投资相关的固有风险。

Will Dogecoin reach $1 in 2024?

2024 年狗狗币会达到 1 美元吗？

While some analysts predict a potential surge to $1 in 2024, such as in the video below, it's essential to approach such forecasts with extreme caution. Reaching this target would require a roughly 6x increase from the current price, requiring a significant shift in market sentiment and widespread adoption.

尽管一些分析师预测 2024 年可能会飙升至 1 美元（如下面的视频所示），但必须极其谨慎地对待此类预测。要达到这一目标，需要将当前价格上涨约 6 倍，从而需要市场情绪发生重大转变并得到广泛采用。

Several factors make this prediction highly uncertain. Firstly, the broader market conditions would need to be extremely favorable for Dogecoin to reach $1. A potential market downturn could lead to a decline in Dogecoin's price.

有几个因素使这一预测具有高度不确定性。首先，更广泛的市场条件需要对狗狗币达到 1 美元非常有利。潜在的市场低迷可能会导致狗狗币价格下跌。

Secondly, without broader adoption and established use cases beyond its meme-based origins, Dogecoin faces an uphill battle to reach the $1 mark.

其次，如果没有更广泛的采用和超出其基于模因的起源的既定用例，狗狗币将面临一场艰苦的战斗，以达到 1 美元大关。

Plus, technical indicators for Dogecoin also present a mixed picture. The Relative Strength Index (RSI) suggests potential overbought conditions, while the Moving Average Convergence Divergence (MACD) indicates a bullish pattern. Ultimately, these indicators should not be solely relied upon for investment decisions.

此外，狗狗币的技术指标也呈现出喜忧参半的景象。相对强弱指数（RSI）表明潜在的超买状况，而移动平均线趋同背离（MACD）表明看涨模式。最终，这些指标不应仅仅依赖于投资决策。

Investing in Dogecoin carries significant risks and requires careful consideration. By carefully evaluating the risks and potential rewards, investors can make informed decisions about whether Dogecoin aligns with their investment goals.

投资狗狗币存在重大风险，需要仔细考虑。通过仔细评估风险和潜在回报，投资者可以就狗狗币是否符合其投资目标做出明智的决定。

If you are uncertain about investing in Dogecoin, there's another alternative you can look into:

如果您不确定是否投资狗狗币，您可以考虑另一种选择：

Smog: Is it Better Than Dogecoin? 

烟雾：它比狗狗币好吗？

While Dogecoin's price targets remain uncertain, a new player named Smog is emerging as a potential alternative. Smog operates on the Solana blockchain, known for its speed and scalability. This translates to faster transaction times and lower fees for users.

尽管狗狗币的价格目标仍不确定，但一个名为 Smog 的新参与者正在成为潜在的替代品。 Smog 在 Solana 区块链上运行，以其速度和可扩展性而闻名。这意味着更快的交易时间和更低的用户费用。

But Smog goes beyond just memes. It aims to revolutionize airdrop model with a gamified element added.

但烟雾不仅仅是模因。它旨在通过添加游戏化元素来彻底改变空投模型。

Smog's ecosystem further entices investors. It offers staking rewards of up to 42% annually, incentivizing long-term holding. 

Smog的生态系统进一步吸引了投资者。它每年提供高达 42% 的质押奖励，激励长期持有。

Additionally, its airdrops run via Zealy and community engagement initiatives, attracting over 14,000 participants so far, contribute to its appeal.

此外，它的空投通过 Zealy 和社区参与计划进行，迄今为止吸引了超过 14,000 名参与者，这也增强了其吸引力。

The cryptocurrency market is currently witnessing a surge in meme coin prices. Smog has seen its price explode by over 100% in the past week, joining the ranks of other rising meme coins like Pepe (325%) and Dogwifhat (over 200% propelled by its Binance listing announcement). 

加密货币市场目前正在见证模因币价格的飙升。 Smog 的价格在过去一周暴涨超过 100%，加入了 Pepe (325%) 和 Dogwifhat（受币安上市公告推动超过 200%）等其他上涨的 meme 代币的行列。

This trend highlights the growing popularity of meme coins, particularly those built on the Solana blockchain.

这一趋势凸显了模因币的日益流行，尤其是那些建立在 Solana 区块链上的币。

With that being said, it’s up to the investor to do their own research and invest according to their risk appetite. 

话虽如此，投资者应该根据自己的风险偏好进行自己的研究和投资。

Find the full Smog roadmap at smogtoken.com.

在 smogtoken.com 上查找完整的 Smog 路线图。

Source: https://thebittimes.com/should-you-buy-dogecoin-are-1-price-predictions-realistic-in-2024-tbt81653.html

资料来源：https://thebittimes.com/should-you-buy-dogecoin-are-1-price-predictions-realistic-in-2024-tbt81653.html