I suddenly thought: if $DOGE were to apply for an ETF, would it be approved at lightning speed? After all, there are endorsements from Musk and the founding nation, and even the government efficiency department has come out, still named after Dogecoin!

But upon closer inspection, Dogecoin itself is just a meme coin with no core value; it is only 'wild' because of the presence of Musk and the founding nation. If anything unexpected were to happen to these two individuals, the price would likely plummet. Isn't this too 'high risk' and not suitable for high-net-worth investors?