@akhonasimte3
DOGE functions as a narrative‑driven asset. Investors buy it not for utility but for the story: a fun, inclusive coin that defies traditional finance. This narrative attracts retail traders who enjoy the cultural aspect of crypto. Market volatility is amplified because DOGE rallies when the narrative resurfaces—often through viral posts or influential endorsements. When the story cools down, price momentum collapses. The investment logic is essentially momentum trading powered by cultural relevance rather than fundamentals.
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