Doge, Dogecoin,
This bull market is supported by Musk's influence,
Ferrari and Tesla support Dogecoin for payments and a series of other things, and we can clearly feel that huge capital is flowing in,
Therefore, at least for now, I believe Dogecoin is also one of the next coins that can reach a new high.
And Musk has said that Doge is a currency while BTC is a value storage, a digital gold; they are different things.
Meme coins generally can skyrocket with speculation; a story is reiterated. But however it rises, it will eventually fall back; without new speculation or narratives, it won’t rise. However, with the continuous association with the wealthiest person Musk, and now being linked to political efficiency departments in government, it truly realizes the transition from 'behind the scenes to center stage.'
So due to Musk's influence, we can imagine that we will soon see 1 Doge = 1 dollar.
So can Doge hope to follow the same script as BTC?
To be honest, given the current market capitalization and the characteristics of unlimited issuance, it seems a bit difficult.
But if Doge can stop unlimited issuance, or one day propose a plan to transition from inflation to deflation,
And it must be voted on and implemented.
Then it will not be a dream for it to become the next BTC script, provided that Dogecoin can first stabilize at $1 as a currency.
Of course, all of this is hypothetical, but Doge is undoubtedly the leader among meme coins and is currently one of the most worthwhile coins for long-term investment.#doge⚡ #山寨季來了？
