This DOGE narrative is really getting out of hand.
The latest news is that some merchants in the US have started accepting Dogecoin, and although it’s still on a small scale, “buying a Tesla with DOGE” doesn’t seem like a complete joke anymore. Plus, a certain tech mogul keeps hyping it up on social media, and people overseas are shouting sky-high target prices.
📊 Community's price list
Here are some numbers circulating in the market: Short-term target: $2.6 ( driven purely by hype ) Consensus for this year: $2 ( FOMO money coming in ) Ultimate belief price: $7.2 ( this one is really just dreaming )
⚠️ Let's be real
Think about it calmly, whether these prices can be reached depends on a few key factors: whether the big guy keeps hyping it, how long the bull market in crypto lasts, and whether DOGE payment scenarios can really roll out. The risk is undeniably high.
If you really want to play:
• Control your position strictly, 1-5% of your total funds at most—treat it like buying a lottery ticket • Absolutely don’t use leverage; with MEMEs, one wick and you’re wiped out • Watch key signals: the tech mogul’s Twitter activity, Bitcoin’s overall trend, and general market sentiment
For this kind of community consensus-driven rally, is there actually an opportunity here or is it just a game of musical chairs? What do you all think?
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This DOGE narrative is really getting out of hand.
The latest news is that some merchants in the US have started accepting Dogecoin, and although it’s still on a small scale, “buying a Tesla with DOGE” doesn’t seem like a complete joke anymore. Plus, a certain tech mogul keeps hyping it up on social media, and people overseas are shouting sky-high target prices.
📊 Community's price list
Here are some numbers circulating in the market:
Short-term target: $2.6 ( driven purely by hype )
Consensus for this year: $2 ( FOMO money coming in )
Ultimate belief price: $7.2 ( this one is really just dreaming )
⚠️ Let's be real
Think about it calmly, whether these prices can be reached depends on a few key factors: whether the big guy keeps hyping it, how long the bull market in crypto lasts, and whether DOGE payment scenarios can really roll out. The risk is undeniably high.
If you really want to play:
• Control your position strictly, 1-5% of your total funds at most—treat it like buying a lottery ticket
• Absolutely don’t use leverage; with MEMEs, one wick and you’re wiped out
• Watch key signals: the tech mogul’s Twitter activity, Bitcoin’s overall trend, and general market sentiment
For this kind of community consensus-driven rally, is there actually an opportunity here or is it just a game of musical chairs? What do you all think?