Want to predict the price of $DOGE ? We need to look at it from the perspective of the dealer, that is, if you were Musk, what would you do?
If you were Musk, with 10 billion Dogecoin in hand and an additional 1 billion in spare cash to operate, your goal would be to help Trump build a new America as its founding father. So what would you cash out Dogecoin for? To put it simply, it's to ensure the stability of your core assets, like Tesla and SpaceX stocks. Dogecoin is your fringe asset that needs to be sacrificed for the core assets at critical moments.
What is the value of Dogecoin? It is actually a leveraged version of Tesla, SpaceX, and PayPal. Buying Dogecoin is like buying Tesla's debt, except Musk doesn't have to pay you back. The price of Dogecoin fluctuates around this value. If you understand Tesla, you can navigate Dogecoin.
The crypto space is quite interesting now; Bitcoin has become a meme in the US stock market and is quickly turning into a meme for precious metal gold, while Dogecoin has become a meme for Tesla.
How to operate? When bullish on Dow and Nasdaq, buy some Bitcoin on the side; when bullish on Tesla, buy some Dogecoin on the side.
But the risks must be mentioned. Currently, Dow, Nasdaq, and Tesla are all at high points, and there are many bearish people, along with potential black swan events such as wars, tariffs, deportations, etc. If Tesla falls 30%, Dogecoin will be halved by 60%. Musk won't give you a heads-up.
When offloading, remember that during Bitcoin bear markets, Dogecoin will also be bearish. A bear market in crypto means no liquidity and no retail investors. You don't necessarily have to buy in a bull market, but you must sell at the end of a bull market, especially at the end of Bitcoin's bull market.
As for the specific timing, let's say it's the end of 2024 now, and we know that there will be a gentle interest rate cut and balance sheet reduction in 2025. Thus, the altcoin season might have to wait until the third or fourth quarter of 2025, or even longer. The opportunity to escape from Dogecoin's peak will be after the second half of 2025. In other words, everything is considered a bottom now; rising from 0.1 to 0.4 is a bottom, and falling back to 0.2 is still a bottom.
Now the entire market is adjusting, and the market is about to explode! In this situation, it is best to lay out and ambush potential altcoins! I have carefully selected a cryptocurrency that is expected to double or triple in the short term, and 5 to 10 times in the long term. Leave a comment + like for a free share!