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The story of Dogecoin seems to have suddenly become more three-dimensional recently.
From the perspective of practical applications, merchants accepting DOGE payments have tripled in half a year—from NBA game tickets, online education platforms, to various retail scenarios. What does this rapid expansion indicate? Truly usable cryptocurrencies are indeed given greater market imagination.
On-chain data provides another perspective. In just the past two weeks, over 1 billion DOGE have flowed from major exchanges to wallet addresses. Behind this large net outflow, it usually indicates that planned funds are quietly being positioned. Industry insiders are always sensitive to such data.
On the technical side, DOGE has completed a triangle breakout on the weekly chart, which is a classic bullish signal. Coupled with the upcoming DOGE-1 satellite launch plan as a catalyst, the timing, location, and harmony seem to be aligning. The overall situation is beginning to look somewhat unusual.