When playing with Dogecoin memecoins, it is important to recognize the characteristics of different chains and take targeted actions. The simplest distinction: short-term trends look at BSC (celebrity endorsements, fast-paced), while long-term developments look at SOL (technical value, strong sustainability).
Although Dogecoin is driven by emotions, it can be categorized into three main types: the technical value type mainly develops on SOL (for example, yesterday Solana officially created an account for X402, benefiting $PAYAI and $dreams); the celebrity endorsement type is dominated by BSC, where the influence of celebrities is huge, and a single tweet can ignite funding; the internet meme type is split equally between SOL and BSC, with the English community leaning towards SOL and the Chinese community leaning towards BSC.
The cap on BSC is easily locked, and the domestic players are relatively small, usually only having one or two stages after reaching a trillion market value; SOL's cap has stronger sustainability, for example, $67 has reached the trillion range but the third stage is still alive.
However, the current market does not support long-term holding, so it is best to take advantage of short-term fluctuations and take profits when available. Good news often serves as the best selling signal, rather than a reason to hold on indefinitely— for example, although X402 has been “nurtured” by Solana's official Twitter, there have been many worthless projects that the official account has previously supported, with a high probability of being a flash in the pan.