When it comes to the most heartbreaking phenomena in the crypto world, the "binding" relationship between Dogecoin and a certain Silicon Valley entrepreneur must be mentioned. How outrageous is this interaction model? Without the support of that big shot, Dogecoin might never have been noticed in the crypto circle; but once he gets involved, the market is like riding a roller coaster—heaven one second, hell the next. Recently, another wave of hype driven by interactions has caused a surge, seemingly lively on the surface, but actually exposing the problem clearly: this coin fundamentally lacks independent survival ability.



How dangerous is this "dependency syndrome"?

**Price completely tied to personal emotions**. A retweet, a like, and the market starts to speculate wildly, with funds rushing in to push up the price. But as soon as that big shot’s attitude changes, or other KOLs turn bearish, funds immediately flee in panic, and the price plummets. This kind of asset controlled by a single person is no longer an investment, but a gambler’s arena.

**Project teams lose motivation to innovate**. If hype alone can drive the market, why bother with technology or finding application scenarios? This results in a vicious cycle: the more a project relies on celebrity hype, the less real strength it has; without real strength, it can only rely on hype; eventually, it becomes a pure speculative tool.

Investing in crypto assets must focus on "substance" rather than "appearance." No matter how loud the hype, it cannot support a project without a solid value foundation. True opportunities lie in projects with clear technological directions and practical applications. Recognizing these traps is key to surviving longer in the crypto market.
DOGE0.53%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
FalseProfitProphetvip
· 3h ago
Dogecoin is basically a joke, completely ruined by a single tweet. Damn, isn't this just a casino? The fate of a coin is decided by one person's mood. I might as well just buy a lottery ticket directly. Speaking of which, these project teams are really shameless, doing nothing but shouting buy signals. No wonder they get criticized. Oh my God, are there really people treating this as an investment? Wake up, everyone. I've actually seen this coming for a long time. Coins without fundamentals will eventually fail. I just realize it now, but it's a bit late. "Dependence syndrome" is truly incredible. It feels like the entire community is gambling on one person's attitude. I just want to know when there will be a coin that is completely independent, not always revolving around a certain big V. What's the difference between this and pyramid schemes? Really.
View OriginalReply0
GateUser-26d7f434vip
· 3h ago
Listen, Dogecoin is just ridiculous, it's completely a toy coin for one person. What is this, even called investing? Pure gambling, it's exhausting. Honestly, coins without fundamental support, no matter how aggressively they pump, are ultimately castles in the air. A word from a Silicon Valley big shot can make the price go up or down. This kind of asset should have been eliminated long ago. Projects that can't overcome dependency issues are doomed to have no prospects. One tweet can decide life or death, it's really absurd. This hype and pump approach has turned the crypto world into a casino. Who dares to touch it? Without technology or applications, it can't rely on traffic for long. I advise everyone to stay away from this kind of coin; it's too easy to get caught.
View OriginalReply0
FloorPriceWatchervip
· 3h ago
Basically, it's a game of hot potato; whoever gets the last hit is doomed. Wait, do people really still be buying the dip? Doge should have died long ago; it's just being kept alive by hype. A single tweet can influence billions; this isn't investing, it's gambling on luck. No technology, no application, just relying on celebrities to siphon blood—does anyone still believe in this? This is called "whale coins." Instead of dependence, it's better to say this is a premeditated scam to cut leeks. I'm just wondering, do people who play these coins really believe they'll go up? Or are they just betting on the odds? Truly valuable projects are indeed being buried, while these "air coins" are constantly in the spotlight.
View OriginalReply0
AirdropworkerZhangvip
· 3h ago
Dogecoin is basically a casino, relying on one person's words to spin around. Another coin ruined by big players, so sad. I just want to know how many people are still bottom-fishing this thing, what are they aiming for. This kind of "a single command causes all to rise or fall" thing, should have been clear long ago. No technology, no application, just luck-based. Is this still called investing? That's hilarious. Dependency issues ruin the coin, it's simple logic, everyone. Only projects with solid fundamentals can survive long-term; following big players is just sending in the leeks.
View OriginalReply0
HashRatePhilosophervip
· 4h ago
Dogecoin is basically a joke, surviving solely on a single tweet. I just don't understand it. Technical projects with real technology are ignored, while coins that rely purely on hype from big players can skyrocket in value—absurd. That's how the crypto world works. Today's hot topic becomes tomorrow's trash, and it's better to focus on projects with real applications. Honestly, projects that are bound to fail sooner or later, without solid strength, are doomed. Isn't this just a casino? Just a different name for encrypted assets.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)