(24-hour Dogecoin price trend)

（24小时的狗狗价格趋势）

Dogecoin Plunges After Brief Surge: Can the Meme Coin Recover?

Dogecoin (DOGE) experienced a dramatic downturn on March 4th, 2025, plummeting over 10% after a brief price spike. As of 5 PM UTC, DOGE is trading at $0.19259870475513, with a 24-hour trading volume of $2,695,651,317.23. This represents a significant 12.0037% drop in the past 24 hours. The circulating supply remains at 148,286,386,383.71 DOGE, resulting in a market capitalization of approximately $28,559,765,950.32.

短暂涌现后，多霉素暴跌：模因硬币可以恢复吗？狗狗（Doge）在2025年3月4日经历了戏剧性的衰退，在短暂的价格上涨之后下降了10％以上。 截至UTC下午5点，Doge的交易价格为0.19259870475513，交易量为2,695,651,317.23美元。在过去的24小时内，这是显着下降的12.0037％。 循环供应量仍为148,286,386,383.71 doge，导致市值约为28,559,765,950.32。

The recent decline breaks a crucial support level for DOGE, highlighting the broader struggles within the meme coin market. Since late January, DOGE has failed to regain its previous highs, experiencing a series of weekly fluctuations. Speculation surrounding a potential surge towards $0.25 has yet to materialize, leaving investors questioning the sustainability of any upward momentum.

最近的下降打破了Doge的关键支持水平，强调了Meme Coin市场中更广泛的斗争。自1月下旬以来，Doge未能重新获得以前的高潮，经历了一系列每周的波动。 围绕涉及0.25美元的潜在激增的猜测尚未实现，这使投资者质疑任何向上势头的可持续性。

The question on many investors' minds is whether DOGE can escape its current slump and potentially reach its long-held aspirational price of $1. While past performance is not indicative of future results, the recent volatility underscores the inherent risks associated with meme coins. Their price movements are often driven by hype, social media trends, and speculative trading, rather than fundamental factors.

许多投资者想法的问题是，Doge是否可以逃脱其目前的低迷，并有可能达到其长期以来的志向价格为1美元。 尽管过去的性能并不能表明未来的结果，但最近的波动率突显了与模因硬币相关的固有风险。 他们的价格变动通常是由炒作，社交媒体趋势和投机性交易驱动的，而不是基本因素。

Adding to the uncertainty, recent news surrounding potential endorsements, such as the rumored interest from Donald Trump, has failed to provide sustained upward pressure. While such announcements can create short-term price spikes, their long-term impact remains questionable.

除了不确定性外，最近的新闻围绕潜在认可的新闻，例如唐纳德·特朗普的兴趣，但未能提供持续的向上压力。 尽管此类公告可以创造短期价格上涨，但它们的长期影响仍然值得怀疑。

The current market situation highlights the need for caution when investing in volatile cryptocurrencies like DOGE. Investors should conduct thorough research, diversify their portfolios, and only invest what they can afford to lose. The future trajectory of DOGE remains uncertain, and its ability to overcome the current bearish sentiment remains to be seen. The meme coin's journey towards $1, once considered a realistic possibility by some, now appears a far more distant prospect, contingent on significant market shifts and sustained positive momentum.

当前的市场状况强调了在投资Doge这样的波动加密货币时需要谨慎的需求。 投资者应进行彻底的研究，使投资组合多样化，并只投资他们负担得起的损失。 Doge的未来轨迹仍然不确定，并且它克服当前的看跌情绪的能力还有待观察。 模因硬币的1美元之旅曾经被某些人认为是一种现实的可能性，现在似乎更加遥远，取决于重大的市场转变和持续积极的势头。