DOGE has really held up at this price level recently—Mining cost has been raised to around $0.19, and Miners are not very willing to sell at a loss, creating a natural support level. More critically, there is the timing Node: the tapering policy is set to pause in early December, and there are expected to be three rounds of interest rate cuts afterwards. Once Liquidity is loosened, the supporting effect on risk assets will be very evident.

There are also new trends at the application level. In the beta version of the X Money payment tool, the DOGE transfer interface can already be seen, which means that daily payment scenarios may really be coming. As for why some big shots no longer mention it as frequently as before? On one hand, the regulation is tight, and publicly calling for orders can easily cause trouble; on the other hand, some investors had indeed initiated lawsuits due to being stuck at high positions, so they are more cautious now.