Based on this wave of market, $DOGE is really weak. And even if it rises later, it still won't compare to other altcoins.
It's not that buying it is a bad idea; Dong Ge has come a long way from being worthless. However, for small investors, it's very difficult to achieve significant gains by buying it!
In this round of movements, apart from a few strong altcoins, most of the altcoins that performed well last year are currently stagnant. What's the reason?
The vehicle is too heavy, and there's no main force. To explain what 'the vehicle is too heavy' means: it doesn't refer to the market value of a token, but rather to the chips. Those tokens distributed their chips to retail investors during the last market wave, and now they are too scattered with no one to lead!
For a token to rise, the first essential factor is to have a leading force. Relying on retail investors to push the market is like dreaming; it's already good enough if they don't crash it. Those tokens were not capable before, and they won't be capable after either!
At the same time, this is also a psychological battle. People always prefer to believe that former strong players will remain strong, but heroes can get sick, and heroes can enter old age!