Dogecoin will crash, and “Old Ma” won’t save it$DOGE .

In a California court, Musk said this space is rife with scams.

Dogecoin has already moved beyond the stage of simply relying on Musk’s callouts. While Musk mentioned in a California court that the crypto market contains scams, this is more about the disorder across the entire industry rather than specifically denying DOGE. In fact, the fact that Dogecoin can launch an ETF is in itself a sign of institutional recognition—it means it’s no longer just a joke-style Meme coin, but an asset with value for allocation. More importantly, it’s the market performance: since DOGE broke above $0.1, even though it has gone through range-bound fluctuations, it has never effectively fallen below that level, showing strong bottom support. At the same time, on-chain funds have continued to flow in net, indicating that some capital is quietly accumulating rather than retail investors panicking and selling off. Its market cap can remain consistently in the top ranks over the long term because of real community consensus.

So instead of saying “Old Ma won’t save it, therefore it will fall,” it’s more accurate to say that DOGE has already moved past a narrative built on reliance on a single KOL. ETF expectations, the accumulation of on-chain funds, and the strong support at $0.1 are all building energy for the next round of gains. Going short blindly is more likely to cause you to miss out.