I suddenly have a feeling about the price of Dogecoin
In the second half of the year, Trump and Musk may start to heavily hype virtual currencies
There are a few reasons for this. One is that Trump has released his own coin and has called for investments a few times, indicating that he is not just casually talking about the cryptocurrency industry. However, as a president, he has many things to deal with, and virtual currency is just a small matter. The fact that he has called for investments a few times shows that he hasn't forgotten about this or that someone in his circle hasn't forgotten. Once he has some free time or the development of the United States aligns with his hopes, he may start to hype it up, which would be a good thing.
The second reason is that the financial tsunami caused by tariff issues has led to a global financial market crash, and the cryptocurrency market cannot escape this. The president can't buy stocks randomly, but cryptocurrency regulation is not that strict. If he doesn't play, those around him will. Moreover, both Trump and Elon are essentially businessmen; if they have money, there's no reason not to make a profit. The market crash is precisely their opportunity to buy in. The phrase 'Make America Great Again' is just something to listen to.
The third reason is to use Bitcoin to pay off debts. Although I think this is not very sufficient, Trump is notoriously enigmatic, and at least on the surface, he is not very aligned with the Federal Reserve, so there is a certain possibility of using Bitcoin to harvest globally. Although this is not very likely, it may still happen with Trump. The third reason is based on the establishment of the first and second reasons, so I personally also feel that this reason is not sufficient.
These are all just random analyses and do not represent my bullish outlook. I just feel that the cryptocurrency market seems abnormal right now; it feels like something is brewing. This bull market is too dull, with only Bitcoin's performance being noteworthy. However, with so many new institutions and Wall Street elites entering the market, it feels like the current market has not reached the expected fervor. I don't recall any moments of extreme greed; the profit effect this time is very poor. In the short term, I am still very pessimistic about the market 😂
