Musk is up to something new!
This guy recently posted a dog head badge image on his platform X, clearly stating "THE DOGEFATHER DOGE". I specifically checked, and this thing is not an official badge of the U.S. government; it's purely Musk's self-indulgent design. But as soon as this broken image came out, the entire cryptocurrency circle seemed to be on steroids—no wonder Musk is truly the "father" of Dogecoin; just posting a picture can create a buzz.
If you ask me, this title of "DOGEFATHER" is well-deserved. Since 2019, this guy has been tied to Dogecoin, tweeting more frequently than he gets paid. The most outrageous thing was in 2021 when he mentioned letting SpaceX send the Dogecoin logo to the moon, and as a result, the coin price skyrocketed to 67 cents, causing a collective frenzy among investors. Last year was even crazier when he switched Twitter's blue bird to a dog head, leading to a 30% surge as if it were nothing. Now he's got a "government efficiency department" dog head logo, clearly aiming to gold-plate Dogecoin, making it look like a national certification.
However, let’s not forget, Musk's tricks aren’t new. Last November, the Shiba Inu logo he created directly caused Dogecoin to surge by 20%. With this badge coming out, I see quite a few investors rushing in to take the plunge. But we need to be clear here, this guy is currently entangled in lawsuits! Last year, investors sued him, claiming he was running a Ponzi scheme.
Although Musk claims to "always support Dogecoin", who knows when he might turn his back on people?
If you ask me, Musk is playing a psychological game. He’s packaging Dogecoin to look prestigious, attracting more people to join the hype. Ordinary players need to be more cautious; don’t just get envious seeing the coin price soar and plunge.
Remember, this market has always been a place where the big players eat meat while the small investors sip soup, not to mention the legal risks that are like ticking time bombs. If you really plan to follow the trend, make sure to set your stop-loss clearly; don’t wait until Musk deletes a tweet and runs away, leaving you losing your pants. In short, it’s fine to watch the excitement, but keep your wallet tight.
Are you stuck? When to buy the dip? Same old saying, if you feel lost and helpless and don’t know what to do, just comment on my profile picture. I need fans; you need references.
Today’s focus: ALPACA XRP TRUMP SUI
