Dogecoin Surges 34% on Elon Musk's Endorsement

埃隆·马斯克的支持下，狗狗币飙升 34%

Dogecoin (DOGE), the leading meme cryptocurrency, experienced a significant 34% surge on November 11, boosting its market capitalization beyond $42 billion and leaving behind XRP's valuation of $33.3 billion.

狗狗币 (DOGE) 是领先的 meme 加密货币，在 11 月 11 日大幅上涨 34%，使其市值突破 420 亿美元，超越了 XRP 333 亿美元的估值。

This surge marks a week of bullish momentum that was sparked by Elon Musk's continued support for DOGE, particularly in light of his growing influence within the newly re-elected administration.

这一飙升标志着埃隆·马斯克(Elon Musk)对DOGE的持续支持引发了一周的看涨势头，特别是考虑到他在新连任政府中的影响力不断增强。

DOGE's price surpassed $0.23, a level not seen since November 2021, and eclipsed its previous yearly high of $0.22 set in April.

DOGE 的价格突破了 0.23 美元，这是自 2021 年 11 月以来的最高水平，并超过了 4 月份创下的 0.22 美元的年度高点。

Over the last week, DOGE has witnessed an impressive 86% gain, with traders anticipating the rally's continuation. As of this writing, DOGE is valued at $0.2809, with a market capitalization of $41.22 billion.

上周，DOGE 上涨了 86%，交易者预计涨势将持续。截至撰写本文时，DOGE 估值为 0.2809 美元，市值为 412.2 亿美元。

The recent surge in open interest for DOGE-tracked futures by 33% to 8.33 billion DOGE (approximately $1.8 billion) indicates sustained investor interest in the token.

最近 DOGE 追踪期货的未平仓合约激增 33%，达到 83.3 亿 DOGE（约 18 亿美元），表明投资者对该代币的持续兴趣。

Musk's proposal for a "Department of Government Efficiency" (D.O.G.E.) within the Trump administration has contributed to DOGE's popularity, generating retail interest and speculation. Rumors indicate that Trump may appoint Musk to lead a "government efficiency commission," further fueling optimism.

马斯克在特朗普政府内设立“政府效率部”（D.O.G.E.）的提议促进了 DOGE 的受欢迎程度，引发了散户兴趣和投机。有传言称，特朗普可能任命马斯克领导“政府效率委员会”，进一步助长了乐观情绪。

Traders remain optimistic about DOGE's continued rise, driven by Musk's involvement, mainstream attention, and robust market support.

在马斯克的参与、主流关注和强劲的市场支持的推动下，交易员对 DOGE 的持续上涨保持乐观。