(24-hour Dogecoin price trend)

（24小时的狗狗价格趋势）

Dogecoin (DOGE) Experiences Significant Price Surge Amidst Bitwise ETF Speculation

Dogecoin（Doge）经历了巨大的价格飙升，

On March 5th, 2025, at 9 PM UTC, Dogecoin reached a price of $0.202363, marking a 6.77% increase over the previous 24 hours. This surge coincided with heightened speculation surrounding the potential approval of a Bitwise Bitcoin ETF. The 24-hour trading volume for DOGE stood at a substantial $2,052,358,471.38. The circulating supply of Dogecoin remains at 148,302,096,383.71, resulting in a market capitalization of approximately $30,010,881,504.81. There is no maximum supply listed for Dogecoin.

2025年3月5日，UTC下午9点，Dogecoin的价格为0.202363美元，比前24小时增加了6.77％。 这种激增与围绕比特币ETF的潜在批准的猜测增强。 Doge的24小时交易量为2,052,358,471.38美元。 Dogecoin的循环供应仍为148,302,096,383.71，市值约为30,010,881,504.81美元。 狗狗币没有列出的最大供应。

The recent price jump has fueled renewed interest in the meme-based cryptocurrency, with some analysts suggesting that the approval of a Bitcoin ETF could indirectly benefit Dogecoin. The theory is that increased institutional investment in Bitcoin, facilitated by the ETF's accessibility, could lead to a spillover effect, driving investment into other cryptocurrencies, including Dogecoin. This narrative has led to considerable online discussion and speculation about the possibility of DOGE reaching a price of $1.00 or higher.

最近的价格上涨激发了人们对基于模因的加密货币的重新兴趣，一些分析师表明，比特币ETF的批准可能会间接受益于狗狗。 理论是，由ETF的可及性促进的比特币的机构投资增加可能会导致溢出效应，从而推动包括Dogecoin在内的其他加密货币投资。 这种叙述导致了大量的在线讨论和猜测，关于总督的可能性达到1.00美元或更高的可能性。

However, it's crucial to approach such predictions with caution. While the correlation between Bitcoin's performance and altcoin prices, like Dogecoin's, is often observed, it's not a guaranteed relationship. Several factors influence Dogecoin's price, including market sentiment, social media trends, and overall cryptocurrency market conditions. The potential approval of a Bitwise Bitcoin ETF is certainly a significant catalyst, but it's not the sole determinant of Dogecoin's future price movement.

但是，谨慎对待此类预测至关重要。经常观察到比特币的性能与山寨币价格（如Dogecoin）之间的相关性，但这并不是保证的关系。 几个因素影响了Dogecoin的价格，包括市场情绪，社交媒体趋势和整体加密货币市场状况。 比特币ETF的潜在批准无疑是一种重要的催化剂，但这并不是Dogecoin未来价格运动的唯一决定因素。

Investors should conduct thorough research and carefully assess their risk tolerance before investing in any cryptocurrency, including Dogecoin. The highly volatile nature of the cryptocurrency market necessitates a well-informed approach, acknowledging the potential for both substantial gains and significant losses. The current price surge should be viewed within the context of this inherent volatility, and predictions of future price targets should be treated with skepticism.

投资者应进行彻底的研究并仔细评估其风险承受能力，然后再投资包括Dogecoin在内的任何加密货币。 加密货币市场的高度波动性的性质需要采取良好的方法，承认潜在的巨大损失和巨大的损失。 应在这种固有的波动率的背景下查看当前的价格浪，并应怀疑对未来价格目标的预测。