Recently, Dogecoin (DOGE) has become the hottest topic in the crypto market. From initially being considered a "joke coin" to now being a popular contender favored by many, there is actually a complete logical support behind this wave of price increase—combining news, capital, and technical analysis—indicating that a major upward wave is imminent.

First, let's talk about the most direct traffic-driven factor. The continuous attention from a globally renowned entrepreneur towards Dogecoin has been evident over the past two years. Every post he makes on social media can stir the market, from discussions about DOGE payment options to various related jokes and interactions. The fan effect accumulated from this has kept DOGE's popularity soaring. In simple terms, this inherent traffic-generating attribute is hard for other cryptocurrencies to match, even when competing with technology or ecosystem strength. It breaks down the barriers within the crypto community, encouraging ordinary investors to participate, which indeed provides an advantage in dissemination efficiency.

Once the traffic arrives, capital follows. Large sums of money have been continuously flowing into DOGE trading, not only pushing up the price but also strengthening the market's bullish sentiment. The strong influx of capital often indicates that institutions or major investors are positioning themselves, and this capital support gives the subsequent market trend more confidence.