Recently, the cryptocurrency market has once again focused on tokens related to DOGE, closely tied to the statements of Tesla CEO Elon Musk. Musk's affection for DOGE seems to have had a significant impact on certain cryptocurrencies.

Once, Musk's support for DOGE led to a significant surge in its price, triggering a storm in the encryption market. Subsequently, his interest in Shiba Inu spurred a skyrocketing increase in the SHIB token. Now, Musk has publicly expressed his fondness for 'little milk dogs', which has left the market full of expectations for the future of related tokens.

This phenomenon reflects the sensitivity of the cryptocurrency market to celebrity statements and investors' pursuit of potential high returns. However, we should also note that this rapid rise and fall may bring significant risks.

At the same time, mainstream encryption currencies like Ethereum are also showing positive momentum, regaining a higher position. The market generally believes that this may herald the arrival of a new bull market.

However, investors should remain cautious and closely monitor market trends and regulatory policy changes. Although there are profit opportunities, the high volatility of the encryption market means potential high risks. When making investment decisions, all factors should be comprehensively considered, rather than solely relying on celebrity effects or short-term market sentiment.