trittenwaltruda
@trittenwaltruda
Dogecoin (DOGE) surged due to Elon Musk’s tweets, but its long-term value hinges on community-driven factors. A loyal community on X and Reddit fuels hype, with 2.5M+ subreddit members driving engagement. However, DOGE lacks strong fundamentals, with unlimited supply and minimal utility beyond tipping and payments. Community sentiment, amplified by Musk, supports short-term spikes, but sustainable value requires broader adoption. Volatility remains high, with support at $0.15. Long-term growth is uncertain without use cases.
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