The recent surge in Dogecoin's price, to be honest, was driven by a wave of emotional frenzy triggered by celebrity influence. Let's clarify: reaching $2 in the short term is not impossible, but the difficulty is indeed significant; as for the rumored $7.2 target, at this stage, it's mostly market sentiment playing tricks, and approaching risks rationally is the proper attitude.



A single word from a celebrity can send the price into a frenzy. Not long ago, a "Federal layoffs chart" went viral, with the abbreviation matching DOGE, resulting in Dogecoin jumping over 5% in a single day. This scene is really familiar—previously, an efficient government department’s English abbreviation also happened to be D.O.G.E., which gave Dogecoin another wave of hype. Every tweet, every pun, feels like an adrenaline shot to the community. But the problem is, this kind of surge is entirely based on personal influence. Once the hype cools down, the price tends to drop accordingly. Take a recent example: Dogecoin repeatedly hovered around $0.15, mainly because after the news cooled off, whales took the opportunity to sell off 7 billion tokens. Short-term traders chasing the high need to think carefully—don't end up becoming the bag holder.

Now, looking at real-world application deployment. Many people passionately share that "Dogecoin can buy luxury goods and real estate," but a closer look reveals that large-scale cases are actually limited. Some leading car companies do support DOGE payments, and a space company has accepted it for services, but these are isolated cases. As for the true expansion of payment scenarios? We’ll have to wait and see.
DOGE1,01%
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