Currently, Dogecoin [DOGE] is at the center of the storm, and multiple potential risks may further depress prices, and market sentiment is becoming increasingly tense.
1. The "decoupling" from Bitcoin is intensifying
Bitcoin [BTC] is gaining momentum and breaking through the $100,000 mark, but Dogecoin has failed to take off at the same time. This divergence has caused investors to worry, and sentiment has gradually turned conservative, and capital outflows may accelerate.
2. The risk of the Fed's hawkishness is increasing
In late November, the Fed's interest rate decision and continued inflationary pressure are weighing on the cryptocurrency market. Once monetary policy is tightened, high-risk assets such as cryptocurrencies will face selling pressure, and Dogecoin will be the first to bear the brunt, and the altcoin market will also be difficult to escape.
3. Speculative sentiment is fragile and retail enthusiasm is waning
As a representative of meme coins, Dogecoin's price is highly dependent on the enthusiasm of retail investors. However, market sentiment is extremely unstable, and the decline in social media popularity or a change in regulatory direction may trigger a sharp decline.
4. Regulatory uncertainty increases
Globally, cryptocurrency regulation is shrouded in a cloud of uncertainty, and many countries are considering implementing stricter policy controls. This is a big blow to highly speculative assets such as Dogecoin, which may lead to a decline in market value and increased risk aversion in the market.
