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$DOGE Dogecoin’s three-wave move and retail traders’ standoff:
The first sharp surge was 0.74 USD. In 2021, Musk went on a manic shouting-and-prompting spree, stoking wild excitement.
The second sharp surge was 0.48 USD. In 2025, after Musk became Minister of Efficiency, it brought a political narrative.
Is there still a chance for a third time? Not long ago, although it was rumored that McDonald’s would accept Dogecoin payments, and Musk reposted in agreement, the market didn’t rise.
Now Dogecoin’s retail traders are getting smarter—once Musk shouts to support the move and the price rises even a little, everyone runs immediately, then comes back to buy at a lower price.