Unbelievable. $DOGS
Why hasn't the meme explosion market reappeared? Should I buy it when no one cares? Or has the market given up?
In the last round of bull market, DOOGE, Pepe and Aidoge, these MEME coins that can go out of the circle have a common feature: after listing on CEX, the price has been rising in a straight line for a long time, and there are many profit points. For example, the most classic DOGE reached its highest price in history of $0.74 in April 2021, with a total market value of nearly $50 billion.
MEME coin prices fluctuate greatly, and often soar more than ten times due to a hot event. In this round of bull market, most of the hot spots are concentrated on AI application tokens, but due to market value, VC and other issues, it is difficult for such tokens to achieve multiple increases.
As the hottest meme in this round of bull market, $DOGS has made a lot of noise in terms of community size and listing speed. According to past historical experience, dogs should be favored by all investors and the rivals of the dealers in the future, but the price has been tepid, and there is no desire to chase high, and the market has not been buying at the bottom. What is the reason for $DOGS to form this situation? How should we face the meme coins in this new round of bull market:
1. The market wait-and-see sentiment is high: DOGS is about to break the deadlock
The market seems to be in a state of silence for dogs. Waiting for some kind of signal, but no one is willing to take the lead. Is this wait-and-see sentiment suppressing the volatility of DOGS? Or is the market waiting for a clear direction? When the direction appears, the market never lacks funds.
2. Project progress: DOGS potential is hidden?
As a MEME token, is the DOGS project quietly promoting community operations and capital docking, causing the market to enter a temporary wait-and-see period? Is there a huge potential that is about to explode under this calm surface?
Risks and opportunities coexist
For potential investors, this may also be a once-in-a-lifetime opportunity. Is the current tranquility the calm before the storm, or is it the market's recognition of DOGS?
August is about to pass, and the news of the interest rate cut released by Bao in September is about to come. The crypto market will definitely react, and the development of DOGS will soon reveal the answer.
