The market value of DOGE is expected to surpass ETH, and the key lies in its consensus value far exceeding its practical value.

Take a look at the various cryptocurrencies represented by $ETH, which essentially belong to the category of utility tokens. The value of ETH is deeply tied to the development status of Ethereum and its ecosystem, in other words, it can be evaluated using a mature valuation logic based on on-chain income, costs, etc., to determine a 'reasonable price.' Especially after the approval of the ETH ETF and the entry of traditional funds, institutional investors tend to anchor the price of ETH using traditional valuation models like PE. This undoubtedly sets a difficult-to-break 'ceiling' on the value growth of utility tokens like ETH.

In contrast, BTC, DOGE, and PEPE are quite different. Take BTC for example; while it can also be valued using certain on-chain metrics, most of these metrics reflect BTC's trading turnover, which has limited reference value, somewhat akin to trying to find a sword on a boat. In fact, the fundamental value of BTC is the widespread consensus globally, a form of 'rebellion' against the limitations of the real fiat currency system, carrying a sense of identity. These spiritual and intangible values are inherently difficult to measure with money.

DOGE and PEPE are no different. As the first mainstream meme coin, DOGE was initially positioned as fun and driven by community power, carrying the label of 'breaking the elitism in the crypto circle,' attracting a large number of internet users and spawning a vibrant community. Community members voluntarily support various public welfare projects through rewards and donations, and its source of value lies in the community's sense of belonging, ease of operation, smooth transactions, and a strong network effect, backed by deep community consensus.

Moreover, DOGE also has its unique advantages. When BTC soared to six figures, making ordinary investors feel helpless, DOGE's accessible price undoubtedly became an excellent choice for new incoming funds. Coupled with the wildfire-like spread of DOGE's popularity in the media and social era, endorsements from celebrities like Elon Musk have further expanded its influence. All these factors combined have accumulated energy for DOGE's rise. Recently, Dao Ge has also been optimistic about Musk's Doge PP; this coin is well-known due to Musk, with over ten thousand addresses holding it on the Ethereum chain, a low market value with huge potential. Interested brothers can exchange ideas together.