Dogecoin（Doge）已成熟，成為“您的投資組合的明智補充”

研究室和交易所交易的發行人21shares認為，狗狗幣已成長為“您的投資組合的明智之舉”，如果看漲勢頭持有，則將牛市市場的目標價值為1.42美元。

A new research note from 21Shares argues that Dogecoin has matured into “a smart addition to your portfolio” if bullish momentum holds, projecting a bull-market price target of $1.42 per coin.

21shares的一份新研究報告認為，如果看漲的勢頭持有，Dogecoin已經成熟成“對您的投資組合的明智補充”，將公牛市場的價格目標估計為每枚硬幣1.42美元。

The research house and exchange-traded-product issuer is known for its interest in cryptocurrencies beyond Bitcoin and Ethereum, and its latest analysis focuses on the potential of Dogecoin to enhance traditional investment strategies.

研究所和交易所交易產品發行人以其對比特幣和以太坊以外的加密貨幣的興趣而聞名，其最新分析著重於Dogecoin增強傳統投資策略的潛力。

In a post published on X on 30 April, 21Shares told its followers that “Dogecoin isn’t just a meme anymore—it might be a smart addition to your portfolio.” Linking to a research note titled Meme Potential, Unburdened, the firm dovetails stress-tested portfolio simulations with a traditional 60/40 basket of equities and bonds.

在4月30日在X上發表的一篇文章中，21shares告訴其追隨者，“不再是模因，這可能是您投資組合的明智之舉。”該公司鏈接到標題為“模因潛力”的研究說明，該公司與傳統的60/40股票和債券相吻合。

The simulations begin with “infusing 3 % Bitcoin” and then supplementing with a “modest 1 % DOGE allocation.” According to the researchers, “the benchmark returned 7.25 % annually, while DOGE-enhanced portfolios reached as high as 8.95 %. Sharpe ratios improved in almost all tests,” while the worst peak-to-trough drawdown only “deepened by a few percentage points.”

模擬始於“注入3％比特幣”，然後補充“適中的1％的Doge分配”。根據研究人員的說法，“該基準每年返回7.25％，而Doge增強的投資組合則達到8.95％。幾乎所有測試中的Sharpe比率都提高了，而最糟糕的峰值降低僅“深度降低了幾個百分點”。

The study attributes the incremental performance to Dogecoin’s decade-long record of outpacing most large-cap crypto-assets while maintaining “a low correlation to crypto and traditional assets.”

該研究將增量表現歸因於多黴素長達十年的記錄，該記錄超過了大多數大型加密資源，同時保持“與加密和傳統資產的相關性較低”。

Even so, the authors stress that disciplined rebalancing remains vital. “Without it, returns can plateau while risk quietly compounds,” they caution. They add that monthly or weekly rebalancing strikes the best compromise between upside capture and volatility control, particularly “during periods of broader market stress, as we’ve recently seen.”

即便如此，作者還是強調，紀律處分仍然至關重要。他們警告說：“沒有它，回報可以平穩，而冒著悄悄地複合的風險。”他們補充說，每月或每週的重新平衡襲擊上升捕獲和波動性控制之間的最佳折衷，尤其是“正如我們最近看到的那樣，“在更廣泛的市場壓力期間”。

Three Scenarios For Dogecoin

Dogecoin的三種情況

To frame expectations for the coming cycle, 21Shares sets out three scenarios: in the bear case, Dogecoin’s post-election rally is described as potentially having “front-run its true cycle potential.” If the token merely compounds at 10 % per year from its 2021 peak of $0.73, it would “land around $0.38 by 25, a doubling from today’s $0.18 but, for the first time, a failure to record a new all-time high within a full market cycle.”

為了實現對即將到來的周期的期望，21shares規定了三種情況：在熊案中，Dogecoin的選舉後集會被描述為可能具有“前進的真實週期潛力”。如果令牌從2021年的峰值$ 0.73起，每年僅以10％的速度以10％的速度，它將“大約0.38美元到25美元左右，比今天的0.18美元增加了一倍，但首次未能在整個市場週期內記錄新的歷史最高水平。”

The neutral case assumes the total crypto-asset market capitalizes at $5 trillion and DOGE’s market share slips from 4 % to 3 %. On those inputs, Dogecoin would be worth roughly $150 billion and trade “near $1 per coin,” about a 5.5-fold gain from current levels, with the token “retaining its stature as the leading memecoin” amid stiffer competition.

中立案子假設總加密資產市值為5萬億美元，而總督的市場份額下滑從4％到3％。在這些意見上，Dogecoin的價值約為1500億美元，“每枚硬幣接近1美元”，從當前水平獲得約5.5倍的收益，而在更嚴厲的競爭中，代幣“保持其身材為領先的成員”。

The bullish projection scales the token’s compounded growth between the pre-2021 bottom of $0.007 and the current-cycle trough of $0.0585, a rate calculated at 189 % per year. “If DOGE were to mirror this explosive growth,” the paper concludes, “DOGE would reach approximately $1.42.”

看漲的投影將令牌的複雜增長范圍擴大到2021年前的底部0.007美元和當前週期谷的0.0585美元，這一比率為每年189％。該論文總結說：“如果Doge能夠反映出這種爆炸性的增長，將達到約1.42美元。”

Such an outcome would require a revival of “memecoin mania,” tangible real-world use cases and, critically, deeper integration with major consumer platforms such as Elon Musk’s X. In that environment, the authors write, a full-throated return of retail exuberance “could re-establish DOGE as the breakout asset of the cycle, potentially even doubling its all-time high.”

這樣的結果將需要復興“紀念物躁狂”，有形現實世界中的用例，並且與埃隆·馬斯克（Elon Musk）的主要平台（例如埃隆·馬斯克（Elon Musk）的X.。

21Shares finishes on a pragmatic note: “With the right structure, a 1 % allocation to Dogecoin isn’t reckless—it’s rewarding.”

21shares在務實的說明上結束了：“憑藉正確的結構，向狗狗幣分配了1％的分配並不魯ck，這是有意義的。”

At press time, DOGE traded at $0.175.

發稿時，Doge的交易價格為0.175美元。