The discussion about DOGE has never stopped—无限增发, will it go to zero, is it really a bubble? But if you're only seeing the risks, you might be missing a bigger story.

Many people cite the feature of unlimited issuance as an argument for shorting. But looking at it from a different perspective: it actually more closely resembles the operational logic of real-world currencies. Continuous inflation also means continuous circulation. The problem has never been the issuance itself, but who can control the pace of circulation.

The speed of real-world application adoption is beyond imagination. Starbucks, Gucci, LV—these international brands already support crypto payments; luxury car brands like Ferrari, Porsche, Lamborghini are also testing the waters; even airBaltic tickets have integrated it. The most direct signal is that Tesla has long supported DOGE payments—this is not a rumor, but actually usable.

The response from overseas markets is very interesting. The Japanese authorities have already classified it as a financial product; in the community, short-term predictions reach $2, and long-term discussions even talk about $7.2. In the Meme coin track, the cases of PEPE and SHIB tell us that the power of consensus is often severely underestimated. A market cap of trillions is not a fantasy in this track.

Behind market sentiment is the driving force of liquidity. Every new payment channel rumor, every ecological partnership signal, can trigger a re-pricing in the market. Any move by X, Tesla, or related ecosystems injects vitality into the entire system.

The essence of this game is the intertwining of faith and liquidity. Short-term fluctuations do exist, but the formation of long-term consensus is often overlooked. Either wait and watch while questioning, or stay rational amid the hype— the choice is in your hands.