Can Dogecoin reach $2? Here's how the overseas community views it.

Recently, many discussions have set a new target price of $2 for Dogecoin in the new year, with some even boldly mentioning a long-term outlook of $7.2. At first glance, it sounds a bit far-fetched, but after analyzing the underlying logic, there are actually several realistic driving forces at play.

First is macro-level liquidity. The global interest rate cut cycle has begun, leading to an overflow of liquidity into the markets. Cryptocurrencies, as risk assets, have become one of the main reservoirs of capital. The direction of this capital flow largely determines the ceiling of this market cycle.

Second is the genuine advancement of payment scenarios. Tesla's online store and Supercharger network already support Dogecoin payments, with just one step remaining to enable full vehicle purchases. Whenever such news is announced, the market reacts strongly. The influence of the key figure behind this, whose tweet carries significant weight, cannot be underestimated—this story is well known to everyone.

The third engine comes from on-chain activity and market sentiment. Large holders continue to accumulate, and various meme marketing efforts within the community (such as the "Diamond Hands" culture) keep reinforcing global consensus. When these three forces act together, they create a powerful combined effect.

Dogecoin's narrative has changed. It has evolved from a pure meme coin into an asset with real payment scenarios, top-tier traffic support, and macroeconomic cooperation. This logical framework is much more solid than before.

But it must be clarified—$2 is an extremely optimistic scenario that requires multiple favorable conditions to align perfectly, such as major breakthroughs in payment scenarios or the market reaching a peak of frenzy. The volatility of such assets is extreme. If you want to participate, always use a very small position, never hold a heavy position, and definitely avoid leverage.

What do you think about this market move? Is it driven by FOMO, or is it the true beginning of value discovery?