It may really surpass Ethereum!
Since Ethereum became the second largest cryptocurrency, all other Layer 1 chains have a unified goal: to defeat Ethereum, EOS, ADA, LTC, SOL, AVAX, etc., but none of them have done it.
In terms of market value alone, VC projects will almost never be able to surpass Ethereum. However, Meme coins are not necessarily the same. There is no ceiling for MEME to expand.
The legendary meme $DOGE, which was once given away for free and no one wanted it, may really be able to defeat Ethereum.
First look at the current market value. Ethereum is 380 billion, DOGE is 58 billion, and the gap of 6.5 times is not big. In this round of bull market, Ethereum has been weakening continuously. It is difficult to generate new narratives except for upgrading. And Matt, the king-level combination on the DOGE list, has a bright future.
Straight to the point:
1: Trump fulfilled his promise to set up a DOGE department for Musk. The name of the department was deliberately spelled out for Doge, and the department was led by Musk. In the future, more media and the public will pay attention to this government efficiency department. The out-of-circle effect is direct and the influence will become greater and greater.
2: In the crypto market, the status of MEME coin is second only to Bitcoin. The crypto market is a super capital market, which is completely driven by funds and consensus. VC coins have long broken this important foundation, and meme is completely in line with it. The originator of meme, DOGE, is naturally the best choice besides Bitcoin.
3: ETF expectations, whether in terms of popularity or influence, Doge is the most suitable target for the next ETF to be passed. Once passed, Doge's financial status is no worse than that of Bitcoin. The subsequent potential can be imagined. Doge will become a better choice for super funds. The investment interest of funds in meme must be far greater than that of Bitcoin.
