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Don't remind me again today

Institutions of Bitewise's caliber are openly supporting DOGE, what does this indicate? It indicates that real money is being poured in. Many people are still being bearish, but think about it, institutions are starting to build a position, isn't it a bit funny that retail investors are panicking at this time?



At this position, how much more downside is there for DOGE? I really don’t think it can go down much further. On the contrary, in this round of market, my personal judgment is: it shouldn't be a big problem for DOGE to reach 1 dollar, Bitcoin looking at 150,000, and Ethereum at least 6,500. Of course, this is just a personal opinion and does not constitute investment advice, but the attitude of institutional money has already shown.
BTC4.3%
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TxFailedvip
· 6h ago
nah technically speaking, institutions backing doge doesn't necessarily mean retail should fomo in... learned this the hard way with luna tbh. just because big money moves doesn't guarantee direction, edge case alert: they also exit positions way faster than us. not saying you're wrong but... yeah, psa that kind of conviction calls usually age poorly lol
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BrokenYieldvip
· 6h ago
nah, institutions pumping doge doesn't automatically mean retail panic is "funny" — could just mean they're front-running sentiment. what's the actual correlation matrix here? seen this movie before, trust me
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GameFiCriticvip
· 6h ago
Institutional building a position ≠ improvement of fundamentals, don't be led by the narrative. From the perspective of the token deflation model, the incentive balance of DOGE has fundamentally not changed, and this wave of rise is mainly driven by emotions. At the price level of 1 dollar... I hold a reserved attitude.
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LoneValidatorvip
· 6h ago
It's true that institutions pouring money can be observed, but saying it goes up to a dollar is still a bit outrageous.
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ApeDegenvip
· 6h ago
Regarding the matter of institutions pouring in money, just listen and don't take it too seriously. Can DOGE reach $1? Uh... let's see if it can stabilize at $0.3 first. This round, I will still wait and see, feeling that there is still unfavorable information that hasn't been released. Just because Bitwise supports it, does it mean it will definitely succeed? I think not, let's wait and see. Damn, it's another story about institutions building a position, it's always the same narrative.
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