Will Dogecoin rise to one dollar in the future?
No time to explain, hurry up and get on the bus.
The pattern can be bigger, I saw 10 dollars (just kidding), hahahaha. . .
Dogecoin for one dollar? With this pattern, why come to the currency circle? Why does Dogecoin continue to rise?
1. Market factors: Musk joins
As the leader of Dogecoin, Musk played an immeasurable role in this US election.
On September 5, Trump publicly stated that if he won the election, he would adopt Musk's suggestion and formally establish the "Department of Government Efficiency" (DOGE) led by Musk. The committee will be responsible for "conducting a comprehensive financial and performance audit of the entire federal government."
Isn't it amazing? Yes, the abbreviation of this committee is also DOGE.
Can it not be pulled? ? ?
2. Market factors: Fed rate cuts
On November 7, the Federal Reserve announced a 25 basis point rate cut.
In September, the Federal Reserve cut interest rates and stood with the Democratic Party. After Harris failed, it announced a rate cut and exited with dignity.
Absolutely good news for Dogecoin. . .
3. Community factors
As the leader of meme coins, Dogecoin has a very strong community.
Once the market is crazy, there is no doubt that the community will go all out and engage in crazy pyramid selling. There is no reason not to continue to pull the market.
How much do you plan to earn in this bull market?
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