With unlimited supply and low unit price, Dogecoin attracts retail investors excluded from Bitcoin's high entry barrier. This accessibility fosters inclusive participation, allowing small investors to own thousands of coins psychologically. The "penny stock" perception encourages speculative behavior, creating self-reinforcing cycles where rising prices attract more retail attention, further amplifying volatility through emotional trading patterns.
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Bootstrapping real utility — Auctions onboarded foundational parachains (Acala, Moonbeam, Astar), bringing DeFi, smart contracts, and cross-chain apps. Each successful slot increased DOT’s governance and staking utility, supporting long-term investment thesis.
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From a long-term perspective, the approval of a Bitcoin ETF could signal greater legitimacy for Bitcoin as an asset class. Investors who have been skeptical of cryptocurrencies due to concerns about their legal status and volatility might begin to view Bitcoin more favorably as part of a diversified portfolio. This shift in sentiment could lead to consistent, steady inflows of capital into the Bitcoin market, further enhancing its liquidity over time, as institutional and individual investors alike increase their exposure.
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