Musk reignites faith in Dogecoin! Overseas calls for a short-term $2 and a long-term $7.2, is it still sentiment or value?
Musk's latest moves have sparked Dogecoin, and the overseas community is in a frenzy, collectively shouting the target price: short-term soaring to $2, long-term aiming for $7.2, the once-quiet meme leader is back in the spotlight of the crypto market.
As the number one believer in Dogecoin, Musk retweeted relevant market charts and commented, "The matrix has been recompiled," marking the ignition point for this round. Overseas communities are buzzing with discussions, consensus pointing out that "Musk's words are worth more than a thousand troops," the dormant DOGE instantly igniting a bullish wave.🐶p u p p i e s 🐶
The short-term push to $2 has three major supports: the weekly trading volume is increasing, funds are flowing into the meme sector as the crypto market warms up; rumors of integration of crypto payments on platform X are gaining traction, with DOGE's low transaction fee advantages becoming a core alternative; multiple institutions have submitted DOGE ETF applications, and approval will attract massive funds.$ETH
Looking long-term, $7.2 is not a fantasy: the 2025 Bitcoin halving will kick off a major bull market, and under this linkage, the certainty of DOGE's exponential growth is high; core upgrades will optimize technical shortcomings, with the EU's MiCA categorizing it as a utility token, providing a clear compliance path; the advantages of cross-border settlement are prominent, with institutions planning custodial services, and practical value supporting long-term valuation.$BTC
Currently, institutions are also quietly positioning themselves, with Coinbase's DOGE futures holdings hitting new highs, whale addresses seeing a 41% monthly increase in trading volume, and recognition continues to rise, DOGE has long escaped the "joke coin" label.
Behind the celebration, risks must be heeded: Musk's attitude is the biggest variable, a change could trigger a crash; the total supply is large, and price increases require massive funds to relay, insufficient funds can easily lead to a pullback; the SEC's strict scrutiny on ETF approvals, obstacles in getting approved will undermine confidence, and the intense competition in the meme sector also harbors uncertainties.#狗狗币🐶买起来 #狗狗币持续看涨看好飞上月球🚀🚀🚀🚀🚀🚀🚀
