(24-hour Dogecoin price trend)

（24小時的狗狗價格趨勢）

Dogecoin (DOGE): A Meme Coin Navigating a Shifting Crypto Landscape

Dogecoin（Doge）：模因硬幣導航轉換加密景觀

On May 19th, 2025, at 4 PM, Dogecoin traded at $0.2173634290274, with a 24-hour trading volume of $2,842,772,087.9458. The price experienced a slight dip of -2.72147947% over the previous 24 hours. Its circulating supply stands at 149,325,036,383.71 DOGE, which also represents its maximum and total supply, resulting in a market capitalization of approximately $32,457,801,948.004.

2025年5月19日，下午4點，Dogecoin的交易價格為0.2173634290274，24小時交易量為$ 2,842,772,087.9458。 在過去的24小時內，價格略有下跌-2.72147947％。 它的循環供應量為149,325,036,383.71多ge，也代表其最大供應量，導致市值約為32,457,801,948.004。

The current state of Dogecoin reflects a broader trend in the cryptocurrency market. While the initial meme coin frenzy has cooled considerably, the cryptocurrency continues to attract attention, fueled by speculation surrounding the potential approval of Dogecoin exchange-traded funds (ETFs). Headlines such as "Bull Market Engine Started? Don't Miss Dogecoin, ETFs Are Coming!" and "DOGE's $1 Target Time Revealed!" highlight the ongoing excitement and anticipation. The possibility of a DOGE ETF, alongside similar discussions regarding Shiba Inu (SHIB) and its potential entry into the traditional financial system, signifies a significant shift in the perception of meme coins. This potential for institutional investment could inject much-needed legitimacy and stability into the meme coin sector, potentially driving future price appreciation.

Dogecoin的當前狀態反映了加密貨幣市場的更廣泛趨勢。 雖然最初的模因硬幣狂熱已經大量冷卻，但加密貨幣仍在吸引人們的注意力，這是由於圍繞Dogecoin Exchange Fraded資金（ETFS）的潛在批准的猜測而引起的。 “牛市開始？和“ Doge的目標時間為1美元！ ”突出持續的興奮和期待。 Doge ETF的可能性以及有關Shiba INU（SHIB）及其潛在進入傳統金融體系的類似討論，表示對模因硬幣的看法發生了重大轉移。 機構投資的這種潛力可能會向模因硬幣行業注入急需的合法性和穩定性，從而推動未來的價格升值。

However, the current price dip underscores the inherent volatility of the cryptocurrency market and the challenges Dogecoin faces in sustaining long-term growth. The waning enthusiasm for meme coins presents a significant hurdle, requiring a substantial catalyst – such as the successful launch of a DOGE ETF – to reignite significant price increases. The question remains: can the potential entry of Dogecoin into the mainstream financial world through ETFs overcome the inherent risks and volatility associated with meme-based cryptocurrencies and secure a sustained upward trajectory? The coming months will be crucial in determining the future trajectory of Dogecoin and the broader meme coin landscape.

但是，目前的價格下跌強調了加密貨幣市場的固有波動以及多黴素在維持長期增長方面面臨的挑戰。對模因硬幣的衰落熱情帶來了一個重大障礙，需要大量的催化劑（例如成功推出了Doge ETF）才能重新點燃價格的大幅上漲。 問題仍然存在：Dogecoin是否可以通過ETF進入主流金融界的潛在進入，以克服與基於模因的加密貨幣相關的固有風險和波動性並確保持續的向上軌跡？ 未來幾個月對於確定狗狗幣和更廣泛的模因硬幣景觀的未來軌跡至關重要。