Can I still enter a position for DOGE #DOGE ?



I want to pose a question first: what is the fundamental use of blockchain? The answer is actually quite simple, it is for bookkeeping, for handling "money and transactions". The original idea of Bitcoin was peer-to-peer electronic cash, but now it has completely transformed into digital gold, playing the role of value storage, moving further away from "daily payments". So who will fill this gap? From the current market perspective, the most likely candidate is actually DOGE.
Why do I say that? First, its issuance method and mechanism are relatively fair. There isn't a team that takes most of the chips as soon as they go online; instead, it relies on POW consensus, with miners maintaining the network together. The founder also cleared out early and left, resulting in a higher degree of chip distribution. In contrast, many seemingly popular coins are centrally controlled behind the scenes, making it difficult to support the narrative of "decentralized currency."
Second, its inflation model is more aligned with real economic logic. DOGE has a fixed annual issuance, which sounds like a burden, but in reality, this means there is stable circulation in the long term, avoiding the situation with Bitcoin where "everyone just wants to hoard, not spend." Economic activity requires moderate inflation to drive it, and in this regard, DOGE is closer to the real world than many projects.
Thirdly, the payment experience is really good. The transfer speed is fast, and the transaction fees are low, which ordinary users can definitely perceive as "user-friendly". If the community continues to optimize TPS in the future and improve to even higher performance, it won't be a difficult task.
The last point that cannot be overlooked is consensus. The user base of DOGE is very young, and young people are the main force of meme culture. Consensus is not shouted out, but naturally formed. You may think that DOGE is just a joke, but for a generation, it has become a cultural symbol. Whoever can win the hearts of young people may become the mainstream in the future.
This is a general description of the fundamentals of DOGE. In summary, it is still in the value discovery stage, and the main operators of DOGE have very aggressive trading methods. It is not recommended to buy without strong conviction, as it is very easy to lose money and you may be stuck for a very long time. #内容挖矿,赚丰厚返佣
DOGE-1.09%
BTC-0.27%
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GateUser-5b4641a1vip
· 09-28 13:49
Steadfast HODL💎
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StateOfMindvip
· 09-28 13:42
Fluctuation is an opportunity 📊
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