The current situation of Dogecoin ($DOGE ) can be analyzed from the following aspects:

1. **Market Cap and Volatility**: As an old meme currency with a large market cap, DOGE has relatively small volatility and its price cycle changes relatively slowly. It lacks the volatility of PVP (player versus player), so not all investors will pay attention to it.

2. **Transaction Volume**: Recently, DOGE’s transaction volume has increased significantly. In addition to Bitcoin ($BTC ), Ethereum ($ETH ) and Solana (SOL), there is a large amount of capital flowing into DOGE, and this capital inflow is continuing.

3. **Election and Musk’s influence**: As the election approaches, Elon Musk’s influence on DOGE cannot be underestimated. His words and actions may have a significant impact on the price of DOGE. Influence.

4. **Daily Chart Analysis**: Judging from the daily chart, DOGE shows a reversal of decline and shows a strong upward trend.

Summary: Investors should decide their operations based on the flow of funds.