The Narrative Shift of DOGE

Dogecoin is a coin from the ancient times of BTC, originally intended to satirize the chaotic issuance of coins at the time. It gradually became used for tips, donations, and quickly gained popularity in the Reddit and Twitter circles.

In the last round, with Musk’s endorsement, Dogecoin became the king of meme coins, with its market value once approaching the $100 billion mark.

Dogecoin has become a cultural phenomenon, and its narrative is: ancient coin + independent L1 chain + tipping culture + charitable donations + king of meme coins. If this narrative remains, I believe it can push it up to $100 billion in this round, but that’s all, as it lacks momentum.

A turn of events, Doge father Musk assisted Trump in coming to power and became the head of the newly established Efficiency Department (DOGE) in the United States government. People around the world have long suffered from government inefficiency, which has become synonymous with bloated, inefficient, corrupt, cumbersome, and wasteful governance. In recent years, several countries led by Argentina and El Salvador have already charged at inefficient governments, and now this fire has reached the United States, and I believe it will soon spread throughout the Western countries.

This narrative is strongly tied to Dogecoin through Musk and the name of the DOGE department, becoming an additional narrative for Dogecoin.

Everyone hates government inefficiency, and this narrative will push Dogecoin to unimaginable heights!