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#隐私币生态普涨 Speaking of DOGE, the Shiba Inu, it's hard to imagine that a thing that started from internet memes could rise to its current status in the world of Crypto Assets. Back when it skyrocketed from a few cents to $0.73, how many people realized their "Shiba Inu fortune dream"? Even now, it brings a smile as we recall those moments of sudden wealth.
The most mysterious part of this thing is - it completely relies on "looks to eat". Whenever Musk casually tweets something with a dog head, DOGE can immediately soar by 29%. This magical operation of "Twitter controlling coins" is quite unique in the entire crypto circle. Even more incredible are its loyal fans, who have somehow turned a joke into an ecosystem: Tesla's peripheral products and tickets for certain teams can be settled with DOGE. Last year, they quietly made some technical upgrades, optimizing nodes and updating keys, etc. Although the movements were not big, it at least proves that this dog hasn’t completely laid down.
However, its hard flaw is also evident: the infinite issuance mechanism of adding 5 billion coins each year is like a perpetual printing machine, which will suppress prices in the long run. Moreover, over-reliance on celebrity effects is also a double-edged sword—back in 2021, a single tweet could lead to a 50% increase, but now it barely makes a splash. Additionally, with new meme coins like SHIB and PEPE lurking, the established Shiba Inu's status in the market is somewhat awkward.
To be honest, DOGE has never been the kind of "value investment target"; it feels more like a blind box toy in the crypto world. When a bull market comes, it can soar along with the market, and if it encounters a double bottom pattern for a technical rebound, it can jump up 25%. But when the wind stops, it drops faster than anyone else. If you want to play, just use some pocket money for fun—after all, who can resist a Shiba Inu internet meme that occasionally brings surprises? $BTC $ETH