There have been some subtle changes in capital flows.

Looking at the latest on-chain data, DOGE has attracted a net inflow of $6.66 million recently, with large-scale investments accounting for $6.19 million of that. Even more interesting, since October last year, whale addresses have quietly accumulated 1 billion Dogecoins. Such sustained buying activity usually isn't just for fun.

When it comes to DOGE, you can't ignore the "Chief Promoter" Elon Musk. He frequently mentions Dogecoin and recently confirmed that the DOGE-1 satellite project is still moving forward. Every time he tweets about it, the crypto market shakes — his influence is a genuine market catalyst.

If Dogecoin's price can stabilize, even mining equipment sectors might get lively. Although it originated from meme culture, DOGE is now seen in payment and tipping scenarios. It’s no longer just a joke coin; it’s become a rather unique presence in the crypto market.

Looking for high volatility, strong consensus, and endorsement from big influencers? DOGE’s current position might be worth considering. Buying on dips could position you for the next wave of gains. Of course, high volatility is a double-edged sword, so proceed with caution.