Every time Elon Musk reposts content related to Dogecoin on social media, the entire crypto community erupts as if celebrating a festival. Recently, he shared a federal layoff chart with "DOGE" on it and interacted with the current government, causing the coin's price to surge like it was on steroids, with the community full of bullish voices. But honestly, this kind of hype can't withstand scrutiny.



I've been involved in this market for over five years and have seen too many such scenarios. On the surface, Musk seems like a super influencer and seller, but in reality, his "control" is zero. Remember 2021? He teased Dogecoin in various settings, making everyone think something was coming, then suddenly said "This is a scam," and the price instantly hit the floor, dropping 40%. Retail investors who chased the rally were basically trapped at the top.

Now, the market's memory is worrying. People are once again taking Musk's casual remarks as gospel, but no one cares about a more fundamental fact: Dogecoin has no real use cases. The long-term value of crypto assets isn't sustained by celebrity endorsements; it requires real payment applications or solid technological innovation. As for Dogecoin? It’s still synonymous with "meme coin," and besides hype, there’s really nothing substantial.

A heartfelt word: everyone wants to make quick money, but the higher the hype, the more you need to hold back your impulses. The biggest danger in this market is being driven by emotions.
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TokenomicsTherapistvip
· 10h ago
Whenever Musk speaks, the crypto world goes crazy. Basically, it's just betting on his mood. This thing never ends.
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AlphaWhisperervip
· 10h ago
I saw that wave in 2021, Elon Musk said he would turn hostile if he wanted to, and those chasing the high are always the bagholders. --- Here we go again, every time it's the same routine, retail investors really should remember this. --- Meme coins have no fundamentals; how long can they rely on celebrities for support? They will collapse sooner or later. --- The highest popularity coincides with the greatest risk; without this awareness, you won't last long in the crypto world. --- Basically, it's gambling—betting on what Elon Musk will tweet next. Isn't this just hot potato? --- I've been watching this show for five years; the tricks have never changed, only the chives keep updating. --- Holding back impulsive urges is easier said than done; I've been there too. --- Without real application scenarios, relying solely on selling products is worth only so much; sooner or later, the true nature will be revealed.
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FOMOrektGuyvip
· 10h ago
Here we go again, Elon Musk's一句话 causes the crypto world to go crazy again, I really can't stop laughing, what about the lessons from 2021? --- Chasing highs are all brave souls, but the mountain top scenery is indeed beautiful --- I'm already tired of meme coin hype, what about practical applications? None --- Are they about to cut another wave of leek farmers this time, it’s coming soon --- The hottest time is when you should stay calm, I didn't say that --- Five years of experience tell me that celebrity endorsements are the biggest red flag --- Retail investors' mentality is really something, taking Elon Musk's jokes as investment advice is outrageous --- Feels like the market has collective amnesia, they haven't learned their lesson from that wave in 2021 --- So who is really making money? It’s definitely not the group chasing the trend --- Holding back is really difficult, but if you don’t, your account will be gone
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WagmiAnonvip
· 10h ago
Elon Musk is playing with fire again, retail investors are seeking their own demise. Haven't you learned from that scene in 2021? --- Always the same, as soon as the hype starts, brains go out the window. Meme coins have no use cases, it's that simple. --- That's right, holding back is the beginning of making money. The end result of emotional trading is always the same. --- Haha, using celebrity endorsements as a golden rule? Wake up, everyone, fundamentals are king. --- After five years, this market loves self-deception the most. Elon Musk's words are not an edict. --- That 40% surge, how many people lost everything? Do you want to repeat it again this time? --- Coins with no practical use, no matter how high they are pumped, are just castles in the air. Don't be fooled by the hype.
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TooScaredToSellvip
· 10h ago
Here it comes again, Elon Musk's one comment causes a frenzy online. Let's not follow blindly and mess around. --- That wave in 2021 made me naive. Does anyone still not learn their lesson? --- Meme coins are just meme coins. Why do you have to make up a story to feel at ease? --- Honestly, this hype dissipated as quickly as blowing bubbles. Don't get caught off guard. --- Retail investors fear most is taking people's ramblings as investment advice. --- It's always the same routine. I've been immune to it for a long time. --- Without payment scenarios, there's no long-term value. Why is this so hard to understand? --- How are those who chased the high doing now? Trapped at the top, right? --- The higher the hype, the more you need to stay calm. Otherwise, you're just working for the whales. --- See, here comes another drama of cutting leeks. Habitual bystanders.
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LiquidatedThricevip
· 10h ago
Elon Musk is just an emotional button; press it and the coin jumps. But really... every time it's just the prelude to getting chopped up. Retail investors should wake up. Have you already forgotten the lessons from five years ago?
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