Dogecoin's Bullish Momentum Continues into the Weekend

狗狗币的看涨势头持续到周末

Dogecoin continues its impressive trajectory over the weekend, posting a remarkable 31% gain that elevates its price to $0.28. This marks the highest point the token has reached since November 2021, coinciding with the broader market uptrend that propelled Bitcoin to its all-time peak of $69,000.

狗狗币在周末继续其令人印象深刻的轨迹，涨幅高达 31%，使其价格升至 0.28 美元。这标志着该代币自 2021 年 11 月以来达到的最高点，恰逢更广泛的市场上涨趋势，推动比特币升至 69,000 美元的历史最高点。

Dogecoin's value has doubled since last month, representing a substantial 155% increase. According to CoinGecko, the token has surged by 86% over the past week, although it remains short of its record high of $0.71 set in May 2021.

自上个月以来，狗狗币的价值翻了一番，大幅上涨了 155%。据 CoinGecko 称，该代币过去一周已飙升 86%，但仍低于 2021 年 5 月创下的 0.71 美元的历史新高。

Elon Musk's Influence on Dogecoin's Rise

埃隆·马斯克对狗狗币崛起的影响

Multiple reports attribute the current hype surrounding Dogecoin to various factors, including the unwavering support of Tesla CEO Elon Musk. During the U.S. presidential election campaign, Musk aligned himself with now-President Donald Trump, jokingly proposing the establishment of a "Department of Government Efficiency (D.O.G.E)" led by Trump. This playful sentiment contributed to the token's earlier momentum, helping it reach new heights in recent months.

多份报告将当前围绕狗狗币的炒作归因于多种因素，其中包括特斯拉首席执行官埃隆·马斯克的坚定支持。美国总统竞选期间，马斯克与现任总统特朗普结盟，开玩笑地提议成立由特朗普领导的“政府效率部（D.O.G.E）”。这种有趣的情绪促成了该代币的早期势头，帮助其在近几个月达到新的高度。

With Trump's victory, the market has experienced a widespread upswing in response to his campaign promises. Among the promises made, Trump's commitment to dismiss SEC Chair Gary Gensler has elicited particular enthusiasm among Dogecoin traders and the wider market. As a result, Dogecoin has witnessed a surge not seen since 2021.

随着特朗普的胜利，市场因其竞选承诺而普遍上涨。在做出的承诺中，特朗普承诺解雇 SEC 主席加里·詹斯勒 (Gary Gensler)，这引起了狗狗币交易者和更广泛市场的特别热情。结果，狗狗币出现了 2021 年以来从未有过的飙升。

Dogecoin Overtakes XRP in Market Cap

狗狗币市值超过 XRP

Dogecoin's surge has not only propelled it to highs seen in 2021 but has also boosted its market capitalization to over $35 billion, surpassing XRP's market cap of $33.7 billion. If the current trend continues, Dogecoin may soon approach USDC's market cap of $37 billion.

狗狗币的飙升不仅将其推升至 2021 年的高点，还将其市值提升至超过 350 亿美元，超过了 XRP 的 337 亿美元市值。如果目前的趋势持续下去，狗狗币可能很快就会接近 USDC 370 亿美元的市值。

Open interest in dogecoin-tracked futures is also approaching all-time highs, with interest currently hovering around 33%. This translates to an open interest value of 8.33 billion DOGE, worth approximately $1.8 billion at current prices.

狗狗币追踪期货的未平仓合约也接近历史新高，目前兴趣徘徊在 33% 左右。这意味着未平仓合约价值为 83.3 亿 DOGE，按当前价格计算价值约为 18 亿美元。

The Dogecoin frenzy has also had a positive impact on its parody token, Ethereum-based D.O.G.E, which has surged over 600% since the beginning of October. Bitcoin, too, has enjoyed a price increase, nearing the $80,000 mark before settling around $79,999.

狗狗币的狂热也对其模仿代币——基于以太坊的 D.O.G.E 产生了积极影响，自 10 月初以来，该代币已飙升超过 600%。比特币的价格也有所上涨，接近 80,000 美元大关，然后稳定在 79,999 美元左右。