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Dogecoin Mania: The Myth of a 100x Coin Born from a Joke, Retail Investor Frenzy or Bubble Illusion?Dogecoin (DOGE), which had been dormant for over two years, has recently become the focus of attention in the crypto market. "Dogecoin's price surged over 400% in a year" has become a trending topic, and more than 140,000 people have even called for Amazon to accept Dogecoin as a payment method

The 'meme coin' is typically known for its extremely speculative nature and potential for extreme short-term gains. The characteristic of this type of digital currency is that its market value can often rapidly increase in a short period of time, and sometimes even achieve growth of hundreds, thousands, or tens of thousands of times

According to the Wall Street Journal, the unscrupulous investment community has taken on a new trend: Cryptocurrency Dogecoin, which started as a joke in 2013 (mostly forgotten),Due to the relevant tweets released by Elon Musk, Tesla's CEO, the total value suddenly exceeded 10 billion dollars.Dogecoin is a tribute to Bitcoin, and its design has no practical effect

Dog coins have become too popular recently.After a recent surge, the initial issuance price of this virtual currency has risen by over 900 times

Reported by Zhao Yi, Hu Jinhua, a reporter from China Times (www.chinatimes