Bitcoin and Dogecoin are like Trump and Musk in their prime! Wei Xiaobao and Kangxi in "The Deer and the Cauldron"?

Web3 practitioners
2024-11-14 10:52:21
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Bitcoin breaks 90,000, Dogecoin doubles in a week, driving the momentum of cryptocurrency upward.

The spring breeze brings success and swift hooves, what could be better than investments aided by the dragon? The wealthy lives of Musk and Ma Baoguo have now welcomed the political "Dan Shu Tie Quan". Listen to the domestic "historical officials" commenting on Musk's esteemed titles in the grand beautiful land: with the dragon's merit, worship the prime minister, advance to the Grand Marshal, hold the position of the Three Dukes, promoted to General, King of North America, open the government, same as the Three Departments, lead the Texas governor, Grand Commander of Washington, Grand Manager of San Francisco, Upper Pillar State, King of New York, wield the imperial edict, enter the court without bowing, walk in Ivanka's boudoir, worship without a name, sword stepping into the hall, add nine honors, ride the golden-rooted chariot, harness six horses, use the emperor's chariot and ceremonial attire, establish the emperor's banners.

Oh my, how splendid you are! Isn't it said that a new emperor brings new ministers, and the favored minister is one step below? Doesn't it resemble the drama where Wei Xiaobao kills Ao Bai to support the new master and is eventually appointed as the Chief Steward of the Imperial Study, ultimately rising to the rank of First-Class Duke of Deer? For a long time (as long as he does not oppose the current ruler), what he wants to do and obtain will be beyond imagination or previously dared not imagine.

This morning, the first cryptocurrency under Trump's economy, Bitcoin, broke through 80,000, reaching a peak of 81,846. New highs have become "boring" because there are no resistance levels for future new highs. Trump's new crypto policy has yet to begin, and global market attention and optimism for Bitcoin have surpassed previous bull markets. Financial stocks are purchasing Bitcoin ETFs, and large crypto holders are buying Bitcoin. This pool is no longer calculated by pouring in and draining water to measure the water level in the bucket. Bitcoin is already a consensus as the financial express train of the next U.S. government under Trump's leadership. At this moment, if you continue to hold a bearish view on Bitcoin, I can only respect you as a man. You can have independent thoughts, but you cannot go against the tide; the roaring waves will wash you away on the beach.

A new dynasty brings new atmosphere; the master is impressive, and the legs also share in the glory. The stock price of Musk's Tesla has skyrocketed, and Musk's personal wealth has soared! The increase exceeds that of anyone else tracked by the Bloomberg Billionaires Index. The new master Trump has publicly stated that he will take actions favorable to Musk's enterprises. He mentioned reconsidering plans to slow the transition to electric vehicles and expressed support for Musk's SpaceX and its plans to land on Mars. Additionally, Trump proposed the idea of appointing Musk as the newly established Director of Efficiency (D.O.G.E) in his government.

After twists and turns, Tesla's annual growth has surpassed that of Apple and Microsoft, no longer the underperformer among the "Seven Tech Giants," and its market value has returned to the "Trillion Dollar" club.

Musk's "crypto dogs" are also howling upwards, DOGE rose 34% in a single day, SHIB up 22%, WIF up 15.5%, BONK up 17%; FOLKI up 28%, lowercase NEIRO up 1.9%. Among them, DOGE surged 97% in the past 7 days, with a market value exceeding USDC, ranking sixth in total market value. On one hand, DOGE is Musk's beloved child; on the other hand, DOGE also reflects the new government efficiency department D.O.G.E. As a meme coin, is there any better news to drive its rise? Musk's popularity effect is not only about the optimism in the real stock market and manufacturing confidence but also about being the spiritual leader of the crypto dog meme.

Dogs have long served as good helpers and spiritual comforters in human civilization and production processes. Dogs bring joy to people, and this attribute also works on the blockchain. Communities and products without dogs reflect the emptiness of the projects. Many people may not know that Dogecoin (DOGE) originated from Bitcoin. The founder of Dogecoin, Markus (another surname Ma), copied Bitcoin's code, then deleted all mentions of Bitcoin and added Dogecoin, completing the process in less than 3 hours and choosing the then-famous Shiba Inu as the logo. The humorous Shiba Inu image is as unreliable as this token project, but reverse publicity can sometimes be so absurd. The pressures and shackles of reality can find solace in a relaxed and loving community, which is also a friend attribute of dogs.

Bitcoin is finite while Dogecoin is infinite; infinity does not mean lack of value. Value comes from basic needs and also from spiritual attributes. If you do not want to be a slave to real money, why not try buying a "dog"?

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