Markets are driven by the dual emotions of fear and greed. Those are always at play. That means there is no logic to them, they do their own thing. That is why trying to outsmart the market is impossible. It is nothing that sensibility can figure out. Yet, this is also what presents opportunity when people understand this.

Long term, many get crushed because they do not understand what is truly taking place. When price reflects what other metrics are saying, as in the example of Ethereum, then it makes sense. When it is the opposite, as with DOGE, then we see how insane things can be.

Of course, DOGE could instantly turn things around with a major use case or two. At this point, DOGE is a great example of Network Effect. It is attracting a lot of people which is key. The question is do they disappear when the mania ends?

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