Is DOGE reaching $1 the ultimate fantasy or destined to happen? Three major pitfalls + key to recovery, all in one article!
Dogecoin skyrocketed from $0.11 to $0.46, surging wildly, and the community reignites the '1 dollar dream'! But do you really think it's just 'soaring on faith'? Hold on, fatal hazards are quietly approaching:
Fatal One: Unlimited issuance, never scarce
Unlike Bitcoin's 'deflationary support', DOGE still adds about 14.4 million coins daily. Supply is out of control, wanting to rise depends on luck, wanting stability depends on fate.
Fatal Two: Old users have too deep a bottom line
Some users who bought in at $0.001 are just waiting to cash out when the price rises, becoming the 'anchors pulling the market down'.
Fatal Three: Boss Musk is silent as a mystery
Once 'pushing the price up', now silent, market enthusiasm is clearly cooling down, lacking a backbone.
But! Hope is always left for those who are prepared:
Positive One: If the spot ETF is approved, DOGE is expected to ride the wave
Once the exchange ETF is launched, not only Bitcoin can attract funds, DOGE may also welcome a wave of institutional investment.
Positive Two: Payment implementation is continuously advancing
Tesla and the X platform are testing payment interfaces; in the future, if DOGE can be used to buy coffee or book flights, its utility will far exceed just memes.
Positive Three: On-chain data is warming up, active addresses are rising
Technical indicators show there is still short-term rebound potential, speculative funds are eager to move.
Conclusion: $1 is not a dream, but it can't be realized just by shouting.
For DOGE to truly turn around, it must rely on 'substantial benefits + structural changes', otherwise, the dream will eventually wake up.
Short-term can be hotly speculated, long-term requires a cool head; speculation relies on guts, investment relies on brains. Don't be the one left holding the bag, be the king who lays out plans in advance and harvests rationally!
