DOGE has recently started gaining attention in the market again. Despite being born as a meme coin, the growing number of wallets, ongoing developer activity and gradually increasing institutional interest show that DOGE is far from being forgotten. However, its price movements still largely depend on market psychology and hype cycles.
In the short term, volatility is likely to remain high. But if real world adoption expands and the crypto market enters a new bull cycle, Dogecoin has the potential to stage strong rallies once again. Even so, investors should carefully evaluate the risk reward balance more than ever.
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