$DOGE Is the community shouting for $1? Don't rush to laugh.
Recently, overseas Dogecoin holders have started to collectively dream, directly raising the price target to $1. At first glance, it does sound absurd, but upon closer thought, the irrational prosperity of the MEME sector has never followed logic. The question is, is there really a chance this time?
First, let's discuss the possibilities. If we want to reach this height, several conditions must be met: a key figure suddenly creates a stir on social media, a single tweet can instantly ignite community sentiment; after the market stabilizes, hot money always needs an outlet, and highly elastic MEME coins are often the first choice; or Dogecoin suddenly secures a heavyweight partnership in the payment field, crafting a new story for the market.
But let's take a step back. What does $1 really mean in terms of scale? This is basically a bet at the level of faith, and in the short term, the probability is extremely low. From a technical perspective, $0.17 to $0.18 is actually a relatively reliable resistance level in the near term.
If you really want to participate, remember two survival rules: try a small position in spot trading to get a feel for it, and definitely avoid high leverage; such assets can liquidate you at any moment; secondly, set a stop-loss line, and when the sentiment recedes, you need to run faster than anyone else.
Do you think this crazy target is just a pie in the sky or is there really a chance?