2025-12-24 08:21:09

Do you have enough Dogecoin in your wallet to buy a part of a Ferrari?

This once joke coin is doing something even crazier. From Starbucks coffee to Tesla accessories, there are even rumors that it could secure a partnership with a supercar brand. The entire crypto world is watching it as a joke, but it has stubbornly entered the real-world payment scene. Even the CEO of a major exchange admitted, "Dogecoin is still alive, which is indeed surprising." He believes there is an invisible driving force behind it—the continuous support from that entrepreneur, giving this Shiba Inu extraordinary resilience.

But beneath the prosperity, dark currents are flowing. When the total network hash rate suddenly drops and mining rewards increase, seasoned miners understand what this signals—some investors are being forced to exit, and resources are being redistributed. It seems like history is repeating itself: after each hash rate correction, Dogecoin has experienced a strong rally. However, this time, the situation is a bit different.

It is facing unprecedented challenges. On the positive side, a major Asian country has already recognized it as a legitimate financial product, and a large-scale blueprint from a payment platform is brewing; on the negative side, the sword of infinite inflation always hangs overhead—50 million new coins are added each year, continuously diluting its value. Coupled with its current market cap of $20 billion, the myth of the "hundredfold coin" is becoming increasingly distant.

So the question is: is Dogecoin a community celebration about to come to an end, or is it quietly gathering strength for a breakout? The answer may lie in two places. First, what will this entrepreneur's next substantial move be? Second, how will you and thousands of other holders and discussants choose? When market sentiment becomes the strongest technical indicator, every retweet and comment you make is a vote for it.

Let's be honest—do you see Dogecoin as the future of currency, or the most persistent meme in the crypto world? Can your holdings buy a few coffees, or are they already enough for a down payment on a supercar?

DOGE0.14%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

10 Likes

Reward
10
5
Repost
Share

Comment

0/400

BrokenYield

· 7h ago

hashrate collapse followed by mining yield spike? that's not bullish, that's liquidation mechanics playing out. seen this movie before, doesn't end well for retail.

Reply0

RektButSmiling

· 12-24 08:48

Laughing to death, I can't even buy a coffee with my little Dogecoin, let alone a Ferrari haha --- The decrease in hash rate actually leads to higher returns? This signal is a bit hard to believe --- The issue of infinite inflation is indeed deeply buried; with a market cap of 20 billion USD, it's still being diluted --- To put it simply, it all depends on whether Uncle Ma still moves; without him, what can this Dogecoin do? --- Now, buying Dogecoin is all gambling; if anyone says it's an investment, I just laugh --- Legal certification doesn't mean it's promising; it needs real application scenarios, brother --- I've held my position for half a year and am still at a loss, everyone, don't follow my example --- Meme coins surviving until now is a miracle in itself; gotta give it a round of applause

View OriginalReply0

ShibaMillionairen't

· 12-24 08:33

Uh... I don't even have enough Dogecoin to buy coffee, let alone a Ferrari haha Really? The issue of infinite inflation has been bothering me all along, it feels like it's being diluted every year It all depends on when that entrepreneur will make a move again; market sentiment is so fickle Honestly, it's just about betting on popularity, betting that they will keep playing this meme Price rises after hash rate correction, this pattern used to be reliable but may not be now I believe Dogecoin has resilience, but the dream of a hundredfold coin has already woken up It's no wonder I can't afford a down payment; us small investors just enjoy the fun

View OriginalReply0

ThatsNotARugPull

· 12-24 08:32

Uh... my little Dogecoin is really only enough to buy a Starbucks coffee, but who knows, maybe one day I can exchange it for a wheel rim.

View OriginalReply0

BTCWaveRider

· 12-24 08:28

Really, it's already a miracle that a meme coin has come this far, but the issue of infinite inflation is indeed a mental burden. I've heard Elon Musk's stories too many times; the key is whether there are substantial applications later on. Otherwise, all the hype is just water. My Dogecoin was cashed out long ago, and I made a profit back then. But at this price level now, I wouldn't dare chase the high. One word: gamble! Gamble on emotions, entrepreneurs, communities—just not on fundamentals. I still hold some positions, but after calculating, it's not enough to buy a cup of Luckin Coffee, I can't even afford coffee haha. 50 million new coins are added every year, this thing is being diluted endlessly. It might still pump in the short term, but long-term? I remain skeptical.

View OriginalReply0