Dogecoin (DOGE), one of the top 10 cryptocurrencies in terms of market capitalization, has attracted all attention as one of the best performers of the day. At the time of writing, each DOGE is trading at $0.07368 and has a market value exceeding $10.43 billion.

狗狗币（DOGE）是市值排名前十的加密货币之一，作为当天表现最好的加密货币之一而受到了所有人的关注。截至撰写本文时，每个 DOGE 的交易价格为 0.07368 美元，市值超过 104.3 亿美元。

Price Target in Dogecoin

狗狗币的价格目标

Discussions continue about Dogecoin, the meme coin with the largest market capitalization in the cryptocurrency universe. Traders and investors continue to comment on whether Dogecoin can reach the anticipated historical level of $1 with a strong price movement.

关于狗狗币的讨论仍在继续，这是加密货币领域市值最大的模因币。交易员和投资者继续评论狗狗币能否通过强劲的价格走势达到预期的 1 美元历史水平。

For such a price to occur, Dogecoin needs to achieve a 1,257% increase from its current level. In addition, considering the circulating supply for Dogecoin to reach $1, it needs to have a market capitalization of $141.57 billion.

要达到这样的价格，狗狗币需要比当前水平上涨 1,257%。此外，考虑到狗狗币的流通量要达到1美元，它需要有1415.7亿美元的市值。

If this situation happens, its market value will make DOGE the third largest cryptocurrency after Ethereum (ETH) with a market value of $218.61 billion and Bitcoin (BTC) with a market value of $668.84 billion.

如果这种情况发生，其市值将使DOGE成为继以太坊（ETH）市值2186.1亿美元和比特币（BTC）市值6688.4亿美元之后的第三大加密货币。

In addition, it should be noted that Dogecoin has one of the highest supply inflations among the top 10 cryptocurrencies. This situation can directly affect the possibility of reaching higher prices even if the demand for DOGE increases over time.

此外，值得注意的是，狗狗币是十大加密货币中供应通胀率最高的之一。即使 DOGE 的需求随着时间的推移而增加，这种情况也会直接影响达到更高价格的可能性。

Dogecoin had approached the $1 level in the past. On May 8, 2021, Dogecoin reached a market value of $88.80 billion and reached its all-time high price of $0.73. If the highest circulation occurs in DOGE, there may be a decrease of more than 15% in its price and it can trade at $0.62 with the current circulating supply.

狗狗币过去曾接近 1 美元的水平。 2021 年 5 月 8 日，狗狗币市值达到 888 亿美元，价格达到 0.73 美元的历史新高。如果 DOGE 出现最高流通量，则其价格可能会下跌 15% 以上，以当前流通供应量计算，其交易价格为 0.62 美元。

Dogecoin Price Analysis

狗狗币价格分析

Speaking of the price performance of DOGE on October 26, it rose to $0.06632 with a 10.58% price increase at the time of writing and is trading at this price.

说到 DOGE 10 月 26 日的价格表现，截至撰写本文时，其价格上涨 10.58%，升至 0.06632 美元，并以此价格进行交易。

Although reaching the $1 price level in Dogecoin is not impossible, it will also require an unprecedented demand to overcome the future increase in supply. For this to happen, Elon Musk and perhaps other celebrities need to provide clear support, similar to what happened in the past.

尽管狗狗币达到 1 美元的价格水平并非不可能，但也需要前所未有的需求来克服未来供应的增加。为了实现这一目标，埃隆·马斯克和其他名人可能需要提供明确的支持，就像过去发生的情况一样。

继续阅读：https://en.coin-turk.com/is-it-more-logic-to-invest-in-dogecoin-doge-or-ripple-xrp/