(24-hour Dogecoin price trend)

（24小时的狗狗价格趋势）

Dogecoin's Rollercoaster Ride: Can DOGE Reach $1?

Dogecoin (DOGE), the meme-based cryptocurrency, experienced a significant downturn on March 4th, 2025, trading at $0.19279376114089, a 15.44580799% decrease over the previous 24 hours. Despite this drop, the 24-hour trading volume remained substantial at $2,938,935,111.1322, highlighting continued interest, albeit volatile, in the asset. With a circulating supply of 148,283,826,383.71 DOGE (also its maximum and total supply), the market capitalization stood at $28,588,196,604.877.

Dogecoin的过山车骑行：Doge可以达到$ 1？Dogecoin（Doge），基于模因的加密货币，在2025年3月4日经历了重大的衰退，交易价格为0.19279376114089，比以前的24小时下降了15.444580799％。 尽管有这种情况下降，但24小时的交易量仍然是2,938,935,111.1322美元，突出了该资产中持续的兴趣，尽管持续不断。 循环供应量为148,283,826,383.71 doge（也是最高供应和总供应），市值为28,588,196,604.877美元。

The recent price fluctuation raises questions about Dogecoin's future trajectory. Can it break free from its current slump and achieve its long-held "dream" of reaching $1? The answer, as with all cryptocurrencies, is far from certain. The market is notoriously unpredictable, influenced by a complex interplay of factors including speculative trading, regulatory developments, and overall market sentiment.

最近的价格波动引发了有关Dogecoin未来轨迹的疑问。 它可以摆脱目前的低迷并实现长期以来达到1美元的“梦想”吗？ 与所有加密货币一样，答案远非确定。 众所周知，市场是不可预测的，受到包括投机贸易，监管发展和整体市场情绪在内的复杂因素的影响。

Recent headlines speculating about potential endorsements from influential figures like Donald Trump, suggesting a possible inclusion of DOGE in a broader crypto strategy, have undoubtedly contributed to the volatility. While such endorsements can temporarily boost prices due to increased hype and investor interest, they are not necessarily indicative of long-term sustainability. The fundamental value of Dogecoin, or lack thereof, remains a subject of ongoing debate among crypto analysts.

Recent headlines speculating about potential endorsements from influential figures like Donald Trump, suggesting a possible inclusion of DOGE in a broader crypto strategy, have undoubtedly contributed to the volatility. While such endorsements can temporarily boost prices due to increased hype and investor interest, they are not necessarily indicative of long-term sustainability. The fundamental value of Dogecoin, or lack thereof, remains a subject of ongoing debate among crypto analysts.

Dogecoin's success hinges on factors beyond mere speculation. Wider adoption by merchants and businesses, the development of practical use cases beyond its memetic origins, and a more stable regulatory environment would all contribute to a more sustainable price increase. Until then, investors should approach Dogecoin with caution, acknowledging the inherent risks associated with highly volatile assets. The current price dip serves as a stark reminder of the unpredictable nature of the cryptocurrency market and the importance of thorough research and risk management before investing. The $1 target, while a popular aspiration among some DOGE holders, remains a highly ambitious goal in the current market climate.

Dogecoin的成功取决于仅仅猜测的因素。 商人和企业的更广泛采用，超出其模仿起源的实际用例的开发以及更稳定的监管环境都将有助于更可持续的价格上涨。 在此之前，投资者应谨慎对待Dogecoin，并承认与高度波动性资产相关的固有风险。 当前的价格下跌是一个明显的提醒，提醒着加密货币市场的不可预测性质以及在投资之前彻底研究和风险管理的重要性。 $ 1的目标虽然在某些门槛持有者中是一个流行的愿望，但在当前市场的气氛中仍然是一个雄心勃勃的目标。