Recently, the expectations of the overseas crypto community for Dogecoin have completely spiraled out of control. Some people set a New Year's goal of $2, and more aggressively shouted $7.2 - at this price, the DOGE market is worth a trillion dollars.
Where did this wave of emotions come from? I pondered for three reasons:
**First, the "king of goods" is still there**. As long as Musk mentions Dogecoin on Twitter, retail investors around the world are like chicken blood. This kind of influence, to be honest, is really incomparable to other coins.
**Second, the application scenarios are slowly increasing**. Tesla's official store already supports using DOGE to buy peripherals and accessories, although it is still far from "picking up the car directly", but at least it proves that it is more than just an emoticon. From pure MEME to real payment tools, this road is indeed going.
**Third, community faith is still burning**. The official recent sentence "Diamond hands are collecting coins, what about you?" Directly extended the life of the old leeks. In this circle, consensus is sometimes more valuable than technology.
But calm down:
The target of $7.2 requires a super bull market, large-scale commercial landing, and Musk's full promotion, and the three conditions are met at the same time to make it possible. Dogecoin is essentially a top MEME coin, rising fast and falling hard, once the sentiment turns, the retracement can be very ferocious.
**Don't touch the levers**. This kind of asset is only suitable for participating in small positions with spare money, and the mentality is like buying a lottery ticket - winning is a surprise, and not winning will not affect life.
When Musk, community consensus, and market sentiment resonate again, the story of Dogecoin will never end. The question is, do you dare to get in the car?
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WhaleMistaker
· 19h ago
$7.2? Uh, wake up brothers, that's a dream
Musk's Twitter is hi for retail investors around the world, which is really amazing
I saw through the trick of renewing the life of the coin, and I got it
It's okay to play with spare money, don't leverage stud
The moment emotions turn, the retracement can really scare people to death
View OriginalReply0
GasGasGasBro
· 19h ago
Musk's Twitter has turned global retail investors high, which is really outrageous, haha
7.2? Wake up, everyone, the levermen are dead here
Just participate with your spare money, don't put the mortgage money here to gamble
To put it bluntly, it's still a consensus game, and the technology is so powerful
When the next wave of Musk goes crazy, I will get in the car again, and now I will take a look
Dogecoin is never short of stories, it depends on whether you can live to finish telling it
View OriginalReply0
AirdropSkeptic
· 20h ago
Musk's tweet can drive retail investors around the world, and to be honest, it is really outrageous
Wait, can $7.2 really be reached, it feels a bit far-fetched
To put it bluntly, it is still the life of MEME coins, and if the faith is broken, it will be over
I'll take some spare money to play now, anyway, the mentality is the mentality of buying lottery tickets
In this round of market, Musk is really a needle in the sea, and the market is half cold without his tweets
Tesla Mall supports DOGE payment, which is indeed a bit interesting, better than the previous pure cutting of leeks
The lever is resolutely not touched, and I have seen too many people have shattered their dreams overnight
Consensus is greater than technology, and this sentence is really a wise saying in the currency circle
Now it is basically a gambler mentality
Recently, the expectations of the overseas crypto community for Dogecoin have completely spiraled out of control. Some people set a New Year's goal of $2, and more aggressively shouted $7.2 - at this price, the DOGE market is worth a trillion dollars.
Where did this wave of emotions come from? I pondered for three reasons:
**First, the "king of goods" is still there**. As long as Musk mentions Dogecoin on Twitter, retail investors around the world are like chicken blood. This kind of influence, to be honest, is really incomparable to other coins.
**Second, the application scenarios are slowly increasing**. Tesla's official store already supports using DOGE to buy peripherals and accessories, although it is still far from "picking up the car directly", but at least it proves that it is more than just an emoticon. From pure MEME to real payment tools, this road is indeed going.
**Third, community faith is still burning**. The official recent sentence "Diamond hands are collecting coins, what about you?" Directly extended the life of the old leeks. In this circle, consensus is sometimes more valuable than technology.
But calm down:
The target of $7.2 requires a super bull market, large-scale commercial landing, and Musk's full promotion, and the three conditions are met at the same time to make it possible. Dogecoin is essentially a top MEME coin, rising fast and falling hard, once the sentiment turns, the retracement can be very ferocious.
**Don't touch the levers**. This kind of asset is only suitable for participating in small positions with spare money, and the mentality is like buying a lottery ticket - winning is a surprise, and not winning will not affect life.
When Musk, community consensus, and market sentiment resonate again, the story of Dogecoin will never end. The question is, do you dare to get in the car?