Can Dogecoin (Doge) shine again? Is hitting 1 USD possible?
Dogecoin, as a representative of the last wave of cryptocurrency, has the characteristic of inflationary issuance. Looking back at the last bull market, the global stance on the cryptocurrency market was still cautious, and Elon Musk's strong endorsements sent Dogecoin's price skyrocketing, reaching as high as 0.7 USD. Some became overnight millionaires, while others stood on the mountaintop, waiting for their positions to break even without hope.
Now, with a new round of market movement beginning, although Musk is still promoting Dogecoin, its price has lost the previous explosive momentum and has stabilized, raising widespread discussion about its future: can it still shine brightly? This is closely related to Musk's plans; he wants to integrate Dogecoin into the X Play payment ecosystem and has mentioned its use as a payment method for Mars colonization, leaving endless imagination for the market.
Over the past year, Dogecoin seems to have shown 'immunity' to Musk’s calls, as the community of holders has become more institutionalized, and the market is maturing. Whether it can return to its price peak depends on whether Musk's grand vision can become a reality, as practical actions are the real good news.
At the same time, the Musk-themed “𝑝𝑢𝑝𝑝𝑖es” project has emerged on the Ethereum chain, with a vibrant community and continuous technological innovations, resembling a treasure waiting to be uncovered. Investors, it's time to sharpen your eyes and explore the opportunities within, unlocking the key to wealth!
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