When DOGE tests the $0.2 edge again, do you also feel your heart racing, imagining it soaring to $10? Don’t forget it surged 70 times in a single month in 2021, going from inconspicuous to a focus of attention—but behind the carnival, what unknown truths lie hidden? Today, I will unveil the mystery!
📉 Act One: $10? Wake up first! Calculate this astronomical account
Dogecoin has a circulation of 150 billion coins, if it really rises to $10, its market value will soar to $1.5 trillion! What does that mean?
Equating to more than half of the total market value of all cryptocurrencies;
Higher than Ethereum's (ETH) current market value (ETH about 1.2 trillion);
And what does ETH have? A complete ecosystem of DeFi, NFTs, and blockchain games... What does DOGE have? Besides 'tipping' and 'memes', its practical ability is almost zero.
Reality is harsh— relying solely on meme popularity cannot support a 'trillion-dollar empire'.
🌪 Act Two: Crisis or turning point? In-depth interpretation of the current situation
DOGE's current market value is about $32 billion, ranking 9th, but is firmly stuck near the $0.212 support level.
Big brother BTC has fallen below $61,000 (the original $110,000 data was incorrect, corrected to the actual), market sentiment is overall low;
If BTC further declines, DOGE is likely to test the strong support level of $0.19 this year, this is not a guess, but a consensus among multiple on-chain analysts.
In short: the market is unstable, and DOGE struggles to fly solo.
✨ Act Three: $1 might be more realistic? Expected to reach before 2025!
Don't fixate on $10, $1 is the target worth looking forward to in this cycle:
In 2021, DOGE reached a high of $0.73, only about 40% away from $1 in terms of growth;
Famous analyst @GalaxyBTC pointed out: DOGE weekly has broken through the 2023 downward trend line, currently gathering strength;
History does not simply repeat itself, but the rhythm is similar— the longer the consolidation, the more violent the breakout could be.
⚡️ Act Four: Want to take off? These two bottlenecks must be broken through!
1️⃣ Overcoming the 'curse of $0.57':
– Since May 2021, DOGE has not stood firmly at $0.57. This is the boundary between bull and bear markets, and also a psychological barrier. However, this level makes $1 out of the question.
2️⃣ Ecological construction cannot stop:
– Daily active addresses only 50,000, compared to ETH's million-level activity, DOGE is more like a 'sleeping giant';
– Must expand real-world scenarios: payments, DeFi, merchant integration... otherwise it will always just be a 'celebrity coin', not a 'value coin'.
🎯 Final suggestion: How should old fans operate?
Don't rush to bottom fish in the short term! Keep an eye on $0.212, if it breaks, watch for $0.19;
Long-term can be positioned, but be sure to keep a small position, expecting ecological cooperation (such as integrating X payments, large merchant support);
Forget about $10, focus on $1. Even in the next bull market, DOGE needs real applications to have a chance to rebound.
#DOGE #狗狗币 #加密货币 #区块链投资 #MemeCoin2025
