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Who would have thought? The DOGE, which has been laughed at by the crypto world for ten years, is quietly challenging Bitcoin's dominance in payments.
First, let's look at a few facts:
Moscow street vendors accept payments in DOGE, 6 seconds faster than Visa;
Young streamers prefer receiving DOGE tips, simply because Bitcoin transaction fees are too high.
Musk has transformed the X platform's payment system to support DOGE.
I understand, many people were stuck last year after not selling at $0.7, and now they feel a headache when they see DOGE. But this time the situation is indeed different, let me explain three points:
First, Musk is playing a big game. In 2021, he raised the price of DOGE through his statements, which was by no means just for fun—there are three times as many DOGE interfaces as Bitcoin in the X platform code, indicating that there was clearly a plan in place.
Second, DOGE is competing for the market share of Bitcoin. While Bitcoin miners are still vying for the reward of 6.25 coins, DOGE has quietly captured 30% of Litecoin's hash power. It has fast transaction times and low fees, making it perfectly suitable for everyday payments, and ordinary people simply do not care about complex smart contracts.
Third, 2026 may welcome a turning point. Bitcoin prices are still fluctuating wildly, and DOGE is ready to make a move: Platform X fully opens payments, directly facing PayPal's 340 million users; it may disrupt cross-border remittances in Africa, breaking the high fees of traditional finance; more importantly, in the computing power rental market, AI services can be purchased with DOGE.
Reminder for beginners:
Invest in DOGE, don't exceed the losses you can afford.
Beware of projects called "Las Vegas Killer" and "DOGE King II"; many of them have fake founders.