Judging from the current situation of DOGE, if the market can maintain a stable upward trend in the next few days, then DOGE still has room for a rebound.
However, from the overall future perspective and the current situation, it is expected that the peak of the rebound is the Fibonacci 0.5 suppression of this round, and it is difficult for the rebound to break the top band chip area suppression of 0.37.
Failure to break 0.37 to release the upper chips means that the main force of Dogecoin does not want to release the upper chips at all, so it is necessary to pay attention to the possibility of a sharp decline in the future.

Recently, my Phantom wallet suddenly received some good meme coins, but the quantities are very small.

Some are well-known, while others are not, and I don't know where they came from. Selling them is also difficult, and it’s just a bunch of annoying stuff to look at.

Has anyone encountered the same situation?
#PhantomWallet #memecoin🚀🚀🚀

🔥 🔥 Must read for Dogecoin holders! Musk firmly believes in the advantages of the inflation mechanism!

Recently, Elon Musk once again defended the inflation model of Dogecoin on the X platform, saying that this "stable inflation" is not a disadvantage, but a major advantage of Dogecoin. This statement responded to the proposal of Dogecoin co-founder Billy Marcus, who once proposed to adjust Dogecoin's inflation strategy through voting.

Dogecoin's unique inflation mechanism:
• Unlimited supply: Unlike Bitcoin (21 million coins) and Ethereum, Dogecoin adds 10,000 coins every minute, which means that the supply will continue to increase.
• Long-term impact: This stable inflation rate may lead to the gradual dilution of the value of a single coin, but it also provides a basis for its long-term growth.

Controversy and Musk's position:
• Community suggestion: Billy Marcus once proposed to adjust the inflation model through community voting to alleviate possible oversupply problems.
• Musk's support: Musk insists on the current design. He believes that "stable inflation" will help Dogecoin maintain stable growth in the long run instead of losing market balance.

He further emphasized that the stable supply makes Dogecoin more suitable as a daily payment tool and promotes the development of its application scenarios.

Market response and future prospects:
As a staunch supporter of Dogecoin, Musk has repeatedly used social platforms to promote the application of Dogecoin, and his support is still a key factor in promoting the development of the Dogecoin ecosystem. Although the inflation mechanism is controversial, Musk's influence undoubtedly adds more potential to the future of Dogecoin.

🧐 What do you think of the inflation mechanism of Dogecoin?

In addition, in addition to doge, babydoge, etc., Musk's series of dog coins also include pUPp!, eS on the Ethereum chain. Ambush in the primary market in advance, once it is on the secondary market, it will take off directly.

#比特币市场波动观察 #圣诞行情分析 #比特币战略储备 ​​#DOGE🔥🔥 $DOGE $1MBABYDOGE $BTC

DOGE:

Attention DOGE fans! Is DOGE about to become 'scarce'? One of the founders of Dogecoin, Billy Markus, has made a statement that has shaken the entire cryptocurrency community! We need to talk about the story behind this.
'Scarce' sounds quite mysterious, but simply put, it means that Dogecoin is going to become rare. Billy Markus has proposed a plan to make the quantity of Dogecoin no longer as 'generous' as it is now. First, the programmer big shots need to tweak the settings on GitHub. Then, the community members and miners need to reach a consensus, after all, Dogecoin is something we all play with.
Currently, the total amount of Dogecoin is as high as 100 billion, with an additional 5 billion added each year. Although the new quantity is fixed, the proportion will gradually become smaller relative to the total amount. This is different from Bitcoin, which has a total cap, while Dogecoin can theoretically continue to increase indefinitely. However, Billy Markus also mentioned that the rules for Bitcoin are not set in stone; these blockchain things are quite flexible. He even predicted that, with this design, Dogecoin could become more reliable than the money issued by governments in the future!
Imagine, if Dogecoin really becomes scarce, the Dogecoin we hold will become even more precious. Of course, whether this plan can succeed depends on whether the community and miners agree. But in any case, this is a topic worth our attention.
What do you think about the future of Dogecoin? Do you believe in its transformation into something rare, or do you think it's just an unattainable dream? Come share your thoughts in the comments! Don't forget to like and comment, keep up with my rhythm, and let's explore the world of cryptocurrency together!

$ZEN Grayscale added 52,800 ZEN yesterday, bringing the total increase to 302,000 ZEN over 3 days. Grayscale's total ZEN holdings have reached 886,300.

Grayscale does not deal in meme coins; they require investigation to add to their holdings and need approval from the boss for large investments. It is very likely that Grayscale purchased for the ZKV airdrop.

The funding rate for ZEN was negative throughout the day yesterday, with the annual interest rate for spot accounts reaching 13%. These rates are not given away for free by Binance; rather, they are the result of short staking to borrow coins and ZEN. When repaying the coins, one has to buy a bit more ZEN to cover the interest, ultimately strengthening the buying pressure and driving up the coin price.

I haven't logged in for half a year, why are there so many airdrops?

#空投 #USUAL

I haven't even started work yet and you guys are already running away with the bucket. What the hell?