💥How will the feud between Musk and Trump affect DOGE's trend?
💥Is this surge of Doge really the final crazy feast?
Recently, the price of DOGE has skyrocketed to 0.4 like a rocket. Many people are secretly wondering if this is the best opportunity to exit?
The current market is entangled with many complex factors, resembling a fog that is hard to grasp. Musk is undoubtedly a "double-edged sword", and his decision to name a department after DOGE instantly ignited the fuse for the price increase, making everyone excited.
However, this has also plunged him into a whirlpool of controversy, with Trump full of hostility towards him, along with Musk's layoffs and company reform measures, leading to increasing tensions with the government.
If these conflicts continue to escalate, the market environment will inevitably become more complicated. In the spot market, although DOGE trading volume has significantly increased, sell orders account for as much as 65%, indicating obvious selling pressure.
Some investors seem to want to cash out at high prices, which undoubtedly sounds the alarm for the market. Once the number of buyers is insufficient, the price may plummet.
Furthermore, the highly anticipated Starlink launch did not drive the price up; instead, it left the market greatly disappointed, indicating that the celebrity effect is gradually diminishing, and the market is turning to consider multiple factors. In the future, the impact of such events on price may no longer be prominent.
#meme板块关注热点 Musk's strongest concept coin#puppies
