Based on this wave of market trends, $DOGE is really weak. Even if it rises later, it still won't be as good as other altcoins.
It’s not that buying it is impossible; Dong Ge has come this far and is no longer the worthless dog it once was. However, for small investors, it's hard to achieve significant gains by buying it!
This round of trends, aside from a few strong altcoins, sees many altcoins that performed well in last year's wave just lying low. What's the reason?
The vehicle is too heavy, and there are no main players. To explain what a heavy vehicle means: it doesn’t refer to the market cap of a token, but rather to the distribution of chips. The chips of those tokens were distributed to retail investors during last year's wave, and now they're too scattered with no one in control!
For a token to rise, the first essential factor is to have a main driver. Expecting retail investors to push the price up is akin to dreaming; not crashing is already good enough. Those tokens weren't good before this, and they won't be good after this either!
At the same time, this is also a psychological battle. People tend to believe that those who were once strong will continue to be strong, but heroes can also fall ill, and heroes will eventually enter their twilight years!