Title: Can DOGS continue the glorious legend of NOT?
Let's get straight to the point. The answer is not easy.
Looking back at the glorious moments of NOT, it not only led the craze of the mini-game ecosystem, but also accompanied by the enthusiastic pursuit of exchanges and the rush to launch currencies, weaving a feast to attract new users. NOT has a remarkable record of attracting new users, but in contrast, whether $DOGS can replicate this success is full of suspense. As the market matures, the accumulation of repeat users will become a major challenge it faces.
However, whether a cryptocurrency can go through the long river of time and continue to rise steadily depends on the solid support of its intrinsic value. Looking at the subsequent trajectory of NOT, it is not difficult to find that although it was glorious at the beginning, it could not escape the fate of slowly falling from the peak. The dealers quietly laid out, gradually withdrew, and recovered costs. So, can DOGS still make waves in the future? This depends entirely on the market's enthusiasm for following the trend and the confidence of investors.
Back then, NOT started with a market value of only 500 million, and it has been advancing all the way to a peak of 2.8 billion, with an amazing increase of more than six times. Now, DOGS is standing at the starting point of a market value of about 600 million, and many speculative eyes (especially new investors on the Binance platform, who are eager for the unknown and a little ignorant) are focusing on it, hesitating when to enter the game and how to layout.
But can DOGS really replicate the six-fold miracle of DWF? The difficulty is self-evident. Although the current funding rate is high, the game between spot and short orders is fierce, and every operation of the big dealer seems to be under the surveillance of the background data, however, the logic of the market has quietly changed, which is incomparable with the glorious period of NOT in the past. In this game full of variables, the future of DOGS will undoubtedly be more eye-catching and more difficult to predict.
