Is DOGE's glory gone? After the meme coin's weakness, there may be a small rebound, but investors have already turned to new targets!

Once able to soar through memes and become popular in the crypto circle, Dogecoin (DOGE) is now experiencing the taste of 'the influencer filter has cracked.'

Although the current market as a whole is not considered harsh, the price trend of DOGE is really unpromising—signs of stagnation are becoming increasingly obvious, and there are not many substantial benefits that can drive it up.

The enthusiasm for speculation has long cooled, and funding has become picky. Everyone is clustering around cryptocurrencies with real growth potential that are still seriously developing, while coins like DOGE, which lack fundamental support, have naturally been gradually neglected.

However, there is a small change: DOGE recently completed a wave of 'liquidity sweep,' which simply means that it washed out those retail investors who could not hold on during the long-term downtrend.

Now it has basically stabilized at the support level. If this trend can be maintained, there is a high probability that a wave of 'relief rebound' will come soon, and the subsequent resistance levels will gradually become clear.

Interestingly, even if DOGE has the potential for a rebound, investors' attention has already drifted away. Now everyone is more focused on DeFi tokens like Mutuum Finance (MUTM) — the early participation value and actual usability of these tokens perfectly align with the current needs of investors.

Especially for those looking for quality crypto investment targets, everyone has noticed the upward momentum of MUTM. After all, projects with real substance are more reassuring than those relying on meme culture.