First of all, from a broader perspective, the bull market has not yet ended. Many people on Twitter are influenced by the emotions of others. Since it is emotion, it will be contagious, and then form market sentiment, which will naturally affect some things. Additionally, the current industry is severely linked to the US stock market, which is the economic barometer. Trump's tariffs have a significant impact on the economy, but it is important to clarify one point: usually in the first 100 days of a president's term, they will make many adjustments to the economy or redefine the implementation of policies. Typically, after that, policies will gradually stabilize. As long as it stabilizes, an independent market trend will emerge.
Because the financial market is always speculating on expectations.
Now let's look at the smaller aspects, Dogecoin.
As the leader of memes, in my opinion, it is actually where the industry's attention lies. No matter what you play, whether it's NFTs or memes, you cannot avoid these three words: attention, because it is related to market sentiment. Wherever there is attention, there will naturally be a gathering of market sentiment. The religious attribute of Dogecoin will continuously bring traffic to its value.
Another point is Musk's boost; he is like a igniter that has already lit the fire of Dogecoin. As various consumption scenarios actively or passively incorporate Dogecoin, its price will naturally rise. For example, when Grayscale launches the Dogecoin Trust Fund in January 2025 (with a management fee of 2.5%), this trust is limited to accredited investors. Although the scale is still small (nearly 2 million dollars AUM), its significance exceeds the number itself, representing that $Doge has officially entered the realm of institutional investable assets. It is also seen as a key step for Dogecoin to transition from meme-driven to institutional investment. Meanwhile, X is actively exploring the integration of payment systems. If $Doge is included in the X payment system, it will be the largest market catalyst since 2021.
It's still the same thing.
The probability of this cycle reaching 1 dollar is the highest, just like ten thousand to
$BTC of historical significance.
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