DOGE is not a joke; it's the wildest wealth train in the crypto world—either hop on or watch others get rich!
What impact does this DOGE trend have on the crypto space?
Technical aspect: The golden cross has arrived, and the explosive rise script may replay.
DOGE has recently shown a signal called the 'golden cross'; historically, whenever this appears, DOGE tends to multiply several times. Currently, the price is stuck around $0.245, and if it breaks through $0.26, then $0.3, $0.5, or even $1 could be possible!
Big funds are secretly buying; institutions may really be up to something.
In the past two days, a mysterious big player has been buying 100 million DOGE, and institutions are stockpiling at low prices. What does this indicate? Big funds believe DOGE can still rise! Moreover, the top 10% of whales hold nearly half of DOGE; if they collectively pump, retail investors won't be able to hold them back.
The most explosive news: DOGE might be getting an ETF!
Bloomberg analysts say that the probability of a DOGE spot ETF passing is 75%. If it happens, institutional funds will flood in, and the price could soar! Looking at the trends after Bitcoin and Ethereum ETFs were approved, hitting $0.4 for DOGE is not a dream.
Elon Musk, this variable, could ignite the market at any moment.
Although Musk hasn't mentioned DOGE lately, he was formerly DOGE's number one spokesperson. If he suddenly initiates DOGE payments on X platform or Tesla, the market will go crazy!
Long Ge's personal opinion:
DOGE is currently at a critical position where it could either rise or fall, but the trend is upwards. In the short term, we need to see if it can break through $0.255; if it does, there will be a wave of significant market action. In the long run, hitting $1 is not impossible, but it needs to meet two conditions: ETF approval + Musk promoting it again.
However, DOGE has a fatal weakness—unlimited issuance, with an annual inflation of 5%, so no matter how quickly it rises, it could be crushed by selling pressure. Therefore, playing with DOGE requires quick entry and exit; don’t think about holding it for ten years.
Are you ready to jump on this DOGE train, or are you standing by the roadside watching others make money? Let me know your target price in the comments! #山寨币谷歌热度创五年新高
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