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#永续合约DEX赛道之争 Attention investors, the DOGE coin endorsed by Musk is about to enter a new chapter!
Recent news shows that DOGE's ETF has been approved, marking the imminent large-scale influx of institutional funds into this market. However, we need to view this development rationally: the influx of funds does not mean that prices will soar immediately. On the contrary, with the entry of various investors, the market may experience a prolonged period of consolidation, testing the patience and confidence of investors.
However, the market has always followed this rule: the longer the consolidation period, the stronger the upward momentum after the breakout. Investors who can withstand this period of volatility often achieve greater returns.
Looking back at the historical performance of DOGE, it created an astonishing 10,000-fold increase in just 98 days, becoming a legend in the field of digital currency. Although some believe that DOGE's current market cap is too large to replicate its past glory or even reach 1 dollar, this perspective may overlook DOGE's unique advantages.
The core competitive advantage of DOGE lies in the combination of its threefold strengths:
• Strong community sentiment drive: It has the widest community base among all cryptocurrencies, attracting a large number of retail participants with its unique culture.
• Favorable macro policies: The approval of ETFs will bring institutional capital officially into the market, significantly enhancing market liquidity.
• Celebrity Effect Boost: Elon Musk's continuous public support and related topic hype have provided DOGE with an exposure that other coins cannot match.
DOGE is almost the only cryptocurrency that can benefit simultaneously from emotions, macro environments, and celebrity effects. When these three factors work together, DOGE may even outperform BTC in the short term – this has happened once in history, and it is not impossible for it to happen again in the future.
My view is clear: short-term price fluctuations should not be a reason to give up; trends with real explosive potential often need time to brew.
It is worth noting that DOGE has always been an outlier in the market; it does not follow traditional rules but instead relies on its unique narrative ability and community culture to ignite market sentiment.
When DOGE truly begins its upward journey, don't be the one who can only regret as a bystander afterward. What investors need to do now is to analyze rationally, manage risks, and prepare for potential market changes that may come.