Is Musk nonetheless shouting that DOGE will certainly attain one dollar?
At first, I sold it only for fun. At the quit of 2020, I casually sold 50,000 cash for 0.004 dollars, and at that point everybody concept this aspect had no technology, no ecosystem, it became only a joke. As a result, whilst Musk tweeted, DOGE skyrocketed, and my account went from some hundred to tens of thousands, peaking at 0.seventy three dollars... Unfortunately, I didn`t sell, and were given caught at 0.6 dollars, pretty the rookie.
But now I nonetheless consider DOGE has a danger to attain 1 dollar:
- Musk remains constantly selling it. If Tesla definitely accepts DOGE for payments, or if the X platform integrates a tipping feature, it can jump instantly;
- Grayscale is making use of for a DOGE ETF, and the opportunity of it being accepted in 2025 may be very high. Once accepted, a huge wide variety of retail traders will rush in;
- If Musk definitely desires to shape the "American Party" subsequent year, DOGE will certainly explode;
- Crypto is basically nonetheless a casino, and the MEME frenzy will best be delayed, now no longer absent.
Should you consider it? You can select to consider it or now no longer. But do not forget: this global is frequently pushed through folks who consider in stories.
What we retail traders want to do is: manage our positions, live clear-headed, and do not cross all in on a unmarried narrative.