Don't you think Elon Musk is quite amusing? Recently, he mentioned on Joe Rogan's podcast that you should never invest all your savings into Meme coins, claiming the risks are too high. Hey, as soon as he said this, the cryptocurrency community immediately erupted.

You have to know that Dogecoin, as the representative of Meme coins, was single-handedly made famous by Musk. Back then, he shouted, 'Dogecoin is the people's cryptocurrency,' and wow, the price of Dogecoin skyrocketed from a few cents to $0.73. But then, when he appeared on SNL, he suddenly said that Dogecoin was a scam, and just like that, the price of Dogecoin collapsed. Now he’s acting all rational again, which is really puzzling and makes one wonder.

The relationship between Musk and Dogecoin is like a 'toxic romance.' In 2021, while shouting 'DOGE TO THE MOON,' he also allowed Tesla to accept Dogecoin as payment, igniting the enthusiasm of investors, and everyone was rushing in crazily. But if you look at now, the price of Dogecoin has been hovering around $0.2, a 70% drop compared to its previous peak. Now he’s starting to teach others how to invest; isn’t that just ridiculous!

This time, when he suddenly advised everyone not to invest in Meme coins, I found it really strange. It’s like a gambler who has been messing around in a casino, nearly losing all his and others' money, suddenly turns to others and says, 'Don’t gamble, the risks are too high!' But wasn’t he the one who led the crazy bets in the casino initially? I really don’t know if he’s afraid of regulatory scrutiny or if he’s just tired of the Dogecoin and Meme coin market and wants to walk away.

The fate of Dogecoin has long been tightly bound to Musk. However, Dogecoin has long since lost its former popularity, and even Musk himself rarely mentions it now. But every time the price of Dogecoin plummets, there are still many people fantasizing about Musk coming to the rescue again. But in reality, Musk has offended too many people recently, and there are even rumors online that he might be assassinated.

In fact, for Dogecoin, if it can slowly break away from this close relationship with Musk, it might not be a bad thing. In the past, the price of Dogecoin always fluctuated wildly because of Musk's every move. If it can find its own way in the market without relying on him and no longer be affected by him, perhaps Dogecoin can truly become independent and embark on a new development path. For us ordinary investors, that would also be good news.#美国加密战略储备 #加密市场反弹