Renowned Bitcoin investor and market commentator AngeloBTC recently made an optimistic prediction for Dogecoin (DOGE), one of the giant altcoins inspired by memes, in a post on his personal social media account X. The analyst gave a bold target of $1 for Dogecoin’s DOGE.

著名比特币投资者和市场评论员 AngeloBTC 最近在其个人社交媒体账户 X 上发帖，对狗狗币 (DOGE) 做出了乐观预测，狗狗币是受模因启发的巨型山寨币之一。分析师为狗狗币 DOGE 给出了 1 美元的大胆目标。

The Meteoric Rise and Subsequent Fall of Dogecoin

狗狗币的迅速崛起和随后的下跌

Dogecoin attracted attention and dominated headlines with its strong rise at the beginning of 2021. The price of DOGE rose attributed to the factors that made it a globally discussed asset. Support from influential figures like Elon Musk and the increase in individual investor interest played a significant role in the meteoric rise.

狗狗币在 2021 年初的强劲上涨引起了人们的关注并占据了头条新闻。狗狗币的价格上涨归因于使其成为全球讨论资产的因素。埃隆·马斯克等有影响力人物的支持以及个人投资者兴趣的增加在其迅速崛起中发挥了重要作用。

The widespread adoption of cryptocurrencies and the subsequent rise propelled Dogecoin to its all-time highs. However, this rapid rise did not last long. Over time, Dogecoin faced strong correction pressure and the beloved memecoin is currently priced 91.39% below its peak.

加密货币的广泛采用和随后的上涨将狗狗币推升至历史新高。然而，这种快速上涨并没有持续多久。随着时间的推移，狗狗币面临着强大的回调压力，而备受喜爱的模因币目前的价格比其峰值低了 91.39%。

Various factors contributed to the sharp correction in Dogecoin, including early investors making substantial profits, concerns about the meme coin’s fundamental value and utility, and the overall market retreat in the cryptocurrency industry. Investors have started to turn back to DOGE, which has long been confined to a narrow range. Surprising and attention-grabbing moves by figures like AngeloBTC confirm this situation.

多种因素导致了狗狗币的大幅回调，包括早期投资者的大幅获利、对迷因币基本价值和实用性的担忧以及加密货币行业的整体市场回落。投资者开始转向长期窄幅波动的DOGE。 AngeloBTC 等人物令人惊讶且引人注目的举动证实了这一情况。

Dogecoin Among the Top 10 Cryptocurrencies

狗狗币跻身十大加密货币之列

After a 2.7% rise in the past 24 hours, Dogecoin is trading at $0.063073. With a market cap approaching $9 billion and a 24-hour trading volume of over $296 million, Dogecoin continues to be a popular altcoin among investors. The largest memecoin currently ranks among the top 10 cryptocurrencies by market value.

狗狗币在过去 24 小时内上涨 2.7% 后，目前交易价格为 0.063073 美元。狗狗币的市值接近 90 亿美元，24 小时交易量超过 2.96 亿美元，仍然是投资者中受欢迎的山寨币。目前最大的 memecoin 按市值排名排名前 10 位的加密货币。

While it would be interesting for investors to see if the anticipated $1 level in DOGE, as expected by figures like AngeloBTC, is reached, it seems that the integration of memecoin into X payments will be the fundamental catalyst for such a rise.

虽然投资者很想知道 DOGE 是否达到预期的 1 美元水平（如 AngeloBTC 等数据所预期的那样），但 memecoin 与 X 支付的整合似乎将成为这种上涨的根本催化剂。

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