Many people bought
$DOGE and ended up stuck at high positions above 0.4, with many losing over 25% to 30%. Is there still a chance to turn things around?
First, we need to understand why DOGE was able to rise last time? There are three reasons: first, the entire market was rising, and the good environment helped Dogecoin benefit from it.
Second, when billionaire Elon Musk spoke up and created a government department called D.O.G.E, Dogecoin immediately became popular.
The third point is cyclicality; every year, there are a few waves of dog coin seasons and meme seasons, and the last time was in March when it was Dogecoin's turn to perform.
But what is the situation now?
The overall environment is poor, and the entire market is declining;
$BTC and altcoins are also in a downtrend, so the first condition is gone.
Everyone has just been stuck and hasn't cut losses yet; the market is currently digesting the bubble, and Musk probably won't speak up again in the short term, so the second condition is also gone.
Therefore, I think it's a bit difficult for Dogecoin to get back above 0.4 in the short term, but if the market rebounds, it is possible. However, thinking about immediately getting unstuck is not very realistic. Next, I will continue to help fans keep an eye on this.
Although the market is slightly sluggish now, opportunities will still come; just wait for the pullback. When the time comes, I will lead everyone to aim for the lucrative opportunities in altcoins to buy the dip. Doubling your investment is definitely possible. Like + comment, and I will help you seize the big opportunities in this bull market.
#币安LaunchpoolBIO预测 #币安MegadropSOLV #2025有哪些关键叙事?