Dogecoin Surges Following Trump's Victory and Musk's Endorsement

特朗普获胜和马斯克的支持后，狗狗币飙升

The leading memecoin, Dogecoin (DOGE), has witnessed a significant surge in value, alongside other memecoins, thanks to Elon Musk's continued support.

在埃隆·马斯克的持续支持下，领先的模因币狗狗币（DOGE）与其他模因币一起见证了价值的大幅飙升。

Within the past 24 hours, DOGE has experienced an impressive 25% growth, marking a 65% increase over the last 30 days, making it one of the most profitable major altcoins. Musk's unwavering backing of Dogecoin since 2021 has continued, with his recent proposal to establish the "Department of Government Efficiency" (D.O.G.E.) in the U.S. administration. This proposal aims to enhance government spending and financial planning efficiency. The proposal gained further traction following the re-election of Republican candidate Donald Trump.

在过去 24 小时内，DOGE 经历了令人印象深刻的 25% 增长，在过去 30 天内增长了 65%，使其成为最赚钱的主要山寨币之一。马斯克自 2021 年以来一直坚定不移地支持狗狗币，他最近提议在美国政府中设立“政府效率部”(D.O.G.E.)。该提案旨在提高政府支出和财务规划效率。在共和党候选人唐纳德·特朗普连任后，该提案获得了进一步的关注。

Trump's Victory Impacts DOGE

特朗普的胜利影响 DOGE

According to Fox News, early European election results confirmed Trump's return to the presidency. This victory has had a positive impact on the cryptocurrency market, boosting Dogecoin alongside Bitcoin and other altcoins.

据福克斯新闻报道，早期的欧洲选举结果证实了特朗普重返总统宝座。这一胜利对加密货币市场产生了积极影响，与比特币和其他山寨币一起提振了狗狗币。

Over the past 24 hours, $30 million in short positions were liquidated in Dogecoin futures, indicating investors unwinding losing positions and driving up the price.

在过去 24 小时内，狗狗币期货的空头头寸被清算了 3000 万美元，这表明投资者正在平仓并推高价格。

The open interest in Dogecoin futures contracts increased from 7 billion coins on Monday to 8.3 billion coins, reflecting the growing demand and expectations of a continued price rise.

狗狗币期货合约的未平仓合约从周一的 70 亿枚增至 83 亿枚，反映出需求不断增长以及价格持续上涨的预期。

Other Memecoins Benefit

其他 Memecoin 的好处

Musk's support has extended beyond DOGE to include the Ethereum-based D.O.G.E token. This memecoin has gained 77% in the past 24 hours and has surged over 500% since its initial recognition. The positive sentiment surrounding Dogecoin has also buoyed other dog-themed memecoins, including Shiba Inu (SHIB), Floki (FLOKI), and Bonk (BONK), which have all risen by over 10%.

马斯克的支持不仅限于 DOGE，还包括基于以太坊的 D.O.G.E 代币。这个 memecoin 在过去 24 小时内上涨了 77%，自最初被认可以来已飙升超过 500%。围绕狗狗币的积极情绪也提振了其他以狗为主题的 memecoin，包括 Shiba Inu (SHIB)、Floki (FLOKI) 和 Bonk (BONK)，这些货币的涨幅均超过 10%。

Analyst Commentary

分析师评论

Cryptocurrency analyst unipcs attributes Musk's support for Trump and the "Department of Government Efficiency" narrative as key factors in Trump's victory. They anticipate that DOGE and Ethereum-based D.O.G.E coins will continue to appreciate in value. The analyst suggests that "The Musk effect has yet to be priced in for DOGE," implying that further media attention will contribute to DOGE's ongoing value appreciation.

加密货币分析师unipcs将马斯克对特朗普的支持和“政府效率部”的叙述视为特朗普获胜的关键因素。他们预计 DOGE 和基于以太坊的 DOGE 代币将继续升值。该分析师表示，“DOGE 的马斯克效应尚未反映在价格中”，这意味着媒体的进一步关注将有助于 DOGE 的持续价值升值。