New types of digital money in the crypto world keep popping up and going away. But there’s one called Dogecoin (DOGE) that people really like. It started as a joke about the growing cryptocurrency market but has become important in the crypto world. Yet, the coin is not doing well at the moment. In the last seven days, the DOGE price has decreased by almost 8%. Now, the question is will the DOGE price reach $1 before Bitcoin halving? Let’s take a look at this Dogecoin news article in more detail.

加密世界中的新型数字货币不断出现和消失。但人们真正喜欢的是一种叫做狗狗币（DOGE）的货币。它最初只是关于不断增长的加密货币市场的一个笑话，但在加密世界中已经变得很重要。然而，该代币目前表现不佳。在过去 7 天里，DOGE 价格下跌了近 8%。现在的问题是，在比特币减半之前，DOGE的价格会达到1美元吗？让我们更详细地看一下这篇狗狗币新闻文章。

Dogecoin news: How has the DOGE price moved in recent days?

狗狗币新闻：最近几天狗狗币价格走势如何？

As of today, Dogecoin is priced at $0.091700, and there’s been a total trading activity of $1.05 billion in the last 24 hours. The market value of Dogecoin is $13.05 billion, and it holds 0.83% of the total cryptocurrency market.

截至今天，狗狗币的价格为 0.091700 美元，过去 24 小时内的总交易活动为 10.5 亿美元。狗狗币的市值为130.5亿美元，占加密货币市场总量的0.83%。

Over the past day, the price of Dogecoin has decreased by -3.65%. The highest price Dogecoin has ever reached was on May 8, 2021, at $0.738595, while its lowest recorded price was on May 7, 2015, at $0.00008547. Since reaching its highest, the lowest price Dogecoin has seen is $0.049701, and the highest price since that lowest point is $0.156883.

在过去的一天里，狗狗币的价格下跌了-3.65%。狗狗币的最高价格是在 2021 年 5 月 8 日达到的，为 0.738595 美元，而其最低记录价格是在 2015 年 5 月 7 日，为 0.00008547 美元。自达到最高点以来，狗狗币的最低价格为 0.049701 美元，自最低点以来的最高价格为 0.156883 美元。

Currently, the prediction for Dogecoin’s future price is not very optimistic, and the Fear & Greed Index, which measures market sentiment, is at 65, indicating a level of greed.

目前，对狗狗币未来价格的预测不太乐观，衡量市场情绪的恐惧与贪婪指数为65，表明贪婪程度。

In terms of supply, there are currently 142.28 billion Dogecoins in circulation. The yearly supply inflation rate is 7.24%, resulting in the creation of 9.61 billion Dogecoins in the past year. Dogecoin is ranked second in the Proof-of-Work Coins sector, first in the Meme Coins sector, and eighth in the Layer 1 sector based on market cap.

就供应量而言，目前流通中的狗狗币数量为 1422.8 亿枚。年供应通胀率为 7.24%，去年创造了 96.1 亿枚狗狗币。根据市值，狗狗币在工作量证明币领域排名第二，在 Meme 币领域排名第一，在 Layer 1 领域排名第八。

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Why is the DOGE price down?

为什么DOGE价格下跌？

In the year 2023, there has been a notable decline in the number of people who became millionaires through Dogecoin. The count of addresses holding more than $1 million in DOGE has gone down from 1,046 in November 2022 to 623 as of December 18. The decrease is more significant among those with larger holdings, as the number of addresses with over $10 million in DOGE has dropped from 160 to 107.

2023年，通过狗狗币成为百万富翁的人数显着下降。持有 DOGE 超过 100 万美元的地址数量已从 2022 年 11 月的 1,046 个减少到截至 12 月 18 日的 623 个。随着持有 DOGE 超过 1000 万美元的地址数量下降，持有量较大的地址数量下降更为显着。从 160 到 107。

The decrease in the number of wealthy Dogecoin holders seems to be connected to a significant drop in the value of the cryptocurrency. Dogecoin’s price has decreased by nearly 50%, falling from $0.15 in November 2022 to the current price of approximately $0.0917. This bearish trend is in line with a broader decline in interest in meme coins, including others such as Pepe (PEPE), Shiba Inu (SHIB), and Floki (FLOKI).

富有的狗狗币持有者数量的减少似乎与加密货币价值的大幅下跌有关。狗狗币的价格下跌了近 50%，从 2022 年 11 月的 0.15 美元跌至目前的约 0.0917 美元。这种看跌趋势与人们对 Meme 代币的兴趣普遍下降一致，包括 Pepe (PEPE)、Shiba Inu (SHIB) 和 Floki (FLOKI) 等其他代币。

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How high will the DOGE price go before Bitcoin halving 2024?

2024 年比特币减半之前 DOGE 价格会涨到多高？

Over the last year, DOGE has shown a positive performance, with a 15% increase in its price. This suggests a favorable market sentiment and growing interest in the cryptocurrency.

去年，DOGE 表现出色，价格上涨了 15%。这表明市场情绪良好，人们对加密货币的兴趣日益浓厚。

Another positive indicator is that DOGE is currently trading above its 200-day simple moving average, signaling a potential uptrend. Additionally, with 19 out of the last 30 days being green (a 63% positive trend), there’s consistent positive momentum in the short term.

另一个积极指标是 DOGE 目前交易于 200 日简单移动平均线上方，表明潜在的上升趋势。此外，过去 30 天中有 19 天呈绿色（63% 的积极趋势），短期内存在持续的积极势头。

High liquidity, as indicated by its market cap, is a strength for DOGE. This means there’s a good amount of trading activity and interest, providing a stable environment for potential price growth.

正如其市值所示，高流动性是 DOGE 的优势。这意味着有大量的交易活动和兴趣，为潜在的价格增长提供了稳定的环境。

However, it’s essential to consider the risk factors. The fact that Dogecoin (DOGE) was outperformed by 67% of other assets in the past year is a notable consideration. This suggests that a significant portion of other cryptocurrencies or financial instruments had a better performance than Dogecoin during that specific period. It has been outperformed by Bitcoin and Ethereum. Being down -88% from its all-time high suggests that DOGE has experienced significant volatility in the past.

然而，必须考虑风险因素。去年，狗狗币 (DOGE) 的表现优于 67% 的其他资产，这是一个值得注意的因素。这表明，在该特定时期内，很大一部分其他加密货币或金融工具的表现优于狗狗币。它的表现被比特币和以太坊超越。较历史高点下跌 -88% 表明 DOGE 过去经历过大幅波动。

Additionally, the yearly inflation rate of 7.24% could impact the long-term value of DOGE. This means that new DOGE coins are being created, potentially affecting their scarcity and overall value.

此外，7.24%的年通胀率可能会影响DOGE的长期价值。这意味着新的 DOGE 币正在被创建，可能会影响其稀缺性和整体价值。

While positive indicators like the recent price increase, trading above the moving average, and high liquidity suggest the potential for DOGE growth, it’s crucial to consider the risks, including its historical volatility, performance compared to other top assets, and the impact of inflation. 

虽然近期价格上涨、交易高于移动平均线和高流动性等积极指标表明 DOGE 具有增长潜力，但考虑风险至关重要，包括其历史波动性、与其他顶级资产相比的表现以及通胀的影响。

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Will Dogecoin ever surpass $1?

狗狗币会突破 1 美元吗？

Elon Musk had once envisioned Dogecoin as the global currency, even for Mars. However, present market conditions are prompting a reevaluation of such optimistic views. While many current Dogecoin predictions lean towards a more cautious outlook, some still hold onto the belief that Dogecoin could reach the $1 mark.

埃隆·马斯克曾经将狗狗币设想为全球货币，甚至是火星的货币。然而，目前的市场状况正在促使人们重新评估这种乐观的观点。尽管当前许多狗狗币预测倾向于更加谨慎的前景，但一些人仍然坚信狗狗币可能会达到 1 美元大关。

The rationale behind this optimism stems from Dogecoin’s impressive growth history. Starting at just $0.005 on January 1, 2021, the coin surged to $0.1715 by December 31 of the same year. This rapid growth suggests that, given the right conditions, Dogecoin has the potential to reach $1. However, this might not materialize in the near future, especially if the crypto market experiences a prolonged period of decline, often referred to as a “crypto winter.”

这种乐观情绪背后的理由源于狗狗币令人印象深刻的增长历史。 2021 年 1 月 1 日，该代币的价格仅为 0.005 美元，到同年 12 月 31 日飙升至 0.1715 美元。这种快速增长表明，如果条件合适，狗狗币有潜力达到 1 美元。然而，这可能不会在不久的将来实现，特别是如果加密货币市场经历长期下滑（通常被称为“加密货币冬天”）。

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通过 Bitget 以最便宜的费用购买 DOGE

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Bitget 作为一家可靠的加密货币交易所脱颖而出。它提供了一个用户友好的界面，使初学者和经验丰富的交易者都可以轻松导航并以市场上最低的费用进行交易。要开始使用 Bitget，您需要创建一个帐户，完成必要的 KYC 程序，然后您就可以开始交易平台上提供的各种山寨币。

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