In 2013, two programmers created DOGE coin in half a day, originally to satirize the speculation phenomenon of Crypto Assets, but over a decade later it has become the focus of the global financial world.

DOGE coin stands out in the Crypto Assets field: it is neither regarded as 'digital gold' like Bitcoin nor is it tied to a specific ecosystem like platform coins such as UNI. Instead, it merges elements of internet subculture, becoming a unique presence. Although DOGE coin has no total supply limit and 5 billion coins are added each year, it remains a popular choice in the Crypto Assets market, which contradicts traditional financial theory.

Interestingly, the price trend of DOGE coin is often greatly influenced by social media. For example, a single tweet from a tech celebrity can cause the price of DOGE coin to soar by 300% in just two days. However, when public attention shifts, funds can also withdraw quickly. This pricing mechanism, which relies on the 'traffic effect', makes DOGE coin more akin to a global online interactive art performance.

Market data reveals the inequality in the distribution of DOGE coin. Although there are many holding addresses, the top 100 holders control over 60% of the chips. This means that the actions of a few participants could trigger significant price fluctuations. Additionally, despite the community's ongoing promotion of DOGE coin's payment functionality, the actual application scenarios remain limited, and its price is primarily supported by market sentiment.

For ordinary investors, investing in DOGE coin can bring substantial returns, but it can also lead to total loss. Therefore, understanding the essence of the crypto assets market is crucial. Pure speculation without technical support and real application scenarios will ultimately revert to their true value.

In the crypto assets market, sentiment often has a huge impact. However, rational investors should remain clear-headed and not be swayed by short-term market emotions. Only by deeply understanding the market rules can one steadily advance in this field filled with opportunities and risks.