The dog coin has recently staged a "roller coaster market", with prices soaring all the way and then plummeting.

The celebrity effect has played an important driving role in the market of Dogecoin. Among them, Musk's multiple endorsements of Dogecoin are undoubtedly the biggest boost. In addition, the discussion heat about Dogecoin on social media continuously affects its price. These remarks have attracted a lot of investors' attention and follow-up.
This market has brought many insights to investors. First, investors should fully realize the high risk of the cryptocurrency market and not blindly follow the investment trend. Secondly, it is important to control leverage reasonably to avoid huge losses from leverage trading. In addition, investors should enhance their research and analysis of the market to improve their investment capabilities and risk awareness.
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