The broader crypto market experienced another downturn this week, which wiped off some value from major assets, including Dogecoin (DOGE). As a result, the market recorded a decline of 3.02% over the past day to a valuation of $2.62 trillion.

本週，更廣泛的加密貨幣市場經歷了另一場衰退，這從包括Dogecoin（Doge）在內的主要資產中刪除了一些價值。結果，過去一天的市場下降了3.02％，估值為2.62萬億美元。

Dogecoin price reacted negatively to the onslaught, leading to a 5.28% in the past 24 hours. This pushed the price of DOGE below the $0.16 mark, as the token currently trades at $0.1519.

Dogecoin的價格對猛擊的反應負面反應，在過去24小時內導致5.28％。這將Doge的價格推高低於0.16美元，因為該令牌目前的交易價格為0.1519美元。

Furthermore, DOGE dropped to ninth place in the global crypto ranking after TRX flipped it from the eighth position. It is worth noting that Dogecoin has stayed in eighth place for several months.

此外，在TRX將其從第八名中倒掉後，Doge在全球加密貨幣排名中排名第九。值得注意的是，Dogecoin在排名第八幾個月呆了幾個月。

However, TRX took over the spot, with a market cap difference of over $1 billion. While TRX boasts a market cap of $23.93 billion, DOGE is valued at $22.62 billion in the hours leading up to press time.

但是，TRX接管了現場，市值超過10億美元。儘管TRX的市值為239.3億美元，但在新聞發布會之前的時間裡，Doge的價值為226.2億美元。

Dogecoin Price If It Grabs 50% of Total Crypto Market Cap

Dogecoin價格如果占用總加密貨幣市值的50％

Despite the setback, some Dogecoin investors are still optimistic about DOGE’s prospects. As a result, The Crypto Basic considered a hypothetical scenario in which DOGE grabs 50% of the total crypto market cap and its implication for Dogecoin’s price.

儘管遇到了挫折，但一些Dogecoin投資者仍然對Doge的前景感到樂觀。結果，加密基本基本（Crypto Basic）認為，在其中，Doge抓住了總加密市值的50％及其對Dogecoin價格的影響。

Although the total crypto market cap has dipped in the past day to $2.62 trillion, any asset with 50% of this valuation would soar to unimaginable levels. If DOGE manages to capture 50% of the total crypto market cap, its valuation would be $1.31 trillion. This represents an increase of 5,691% from Dogecoin’s current market cap of $22.62 billion.

儘管過去一天的加密市值已經下降到2.62萬億美元，但任何估值的50％資產都將達到難以想像的水平。如果Doge設法佔據了總加密市政上限的50％，其估值將為1.31萬億美元。這比Dodecoin目前的226.2億美元的市值增長了5,691％。

Should Dogecoin manage to achieve this target, its price would skyrocket to around $8.8 per token, so long as DOGE’s circulating supply stays the same at 148.87 billion tokens.

如果Dogecoin設法實現了這一目標，那麼它的價格將飆升至每個令牌8.8美元左右，只要Doge的循環供應量保持在1488.7億代幣。

At this price, early investors would record massive returns on their investments. For instance, someone with a portfolio of 65,832 DOGE currently valued at $10,000 would see their investments rise to $579,321 should DOGE hit a valuation of $1.3 trillion.

以這個價格，早期投資者將記錄其投資的巨額回報。例如，目前價值10,000美元的投資組合為65,832個門票的人將使他們的投資上漲至579,321美元，如果Doge達到1.3萬億美元的估值。

DOGE to $8 Forecasts

總計$ 8預測

While the possibility of Dogecoin grabbing 50% of the total crypto market cap might seem far-fetched, several analysts have predicted DOGE’s potential rise to the $8 mark. However, such predictions do not suggest that attaining $8 would grant DOGE 50% dominance over the crypto market.

雖然Dogecoin抓住50％的總加密市政上限的可能性似乎很牽強，但一些分析師預測Doge的可能性上升到了8美元。但是，這樣的預測並不意味著獲得8美元會在加密貨幣市場上授予Doge 50％的統治地位。

Last month, top expert Trader Tardigrade suggested that Dogecoin had formed a circular structure on its macro chart. Tardigrade claimed that DOGE also formed a similar structure in the 2017 and 2021 market cycles, which eventually pushed its price to greater heights during these periods. With the recent formation, the expert forecasted Dogecoin’s potential surge to $8.

上個月，頂級專家交易員Tardigrade建議Dogecoin在其宏觀圖表上形成了圓形結構。 Tardigrade聲稱，Doge在2017年和2021年的市場週期中也形成了類似的結構，最終將其價格提高到了這些時期的高度。隨著最近的形式，該專家預測，Dogecoin的潛在激增至8美元。

In the same month, pseudonymous market expert EWT referenced the Elliott Wave Theory to predict a future surge of $8.5 for Dogecoin.

同月，偽市場專家EWT引用了Elliott Wave理論，以預測Dogecoin的未來增長$ 8.5。

As reported in January, Tardigrade suggested that the $8 target would materialize for Dogecoin by 2028, three years from now. Meanwhile, Changelly experts believe that DOGE would rise to the $8 target between 2035 and 2039.

正如1月份報導的那樣，Tardigrade建議，$ 8的目標將在2028年（從現在起三年）到2028年實現。同時，Changelly專家認為，Doge將在2035年至2039年之間提高到8美元的目標。

It is worth mentioning that this article is a hypothetical assessment of Dogecoin's price if it grabs half of the total crypto market cap. There is no guarantee that this will ever happen in DOGE's lifetime. In perspective, a 50% market share would place Dogecoin even above Bitcoin, a highly speculative scenario.

值得一提的是，如果本文抓住了Dogecoin價格的假設評估，那麼它佔了一半的加密市值。不能保證這在Doge的一生中會發生。從角度來看，即使是高度投機的情況，市場份額也將使多黴素在比特幣之上。