Reuters really shot itself in the foot this time – it just published an article saying "DOGE is going to be killed," and then turned around to have officials and industry insiders collectively refute it. But is this matter really that simple?
Since the day DOGE became popular, it has never been quiet. Traditional finance sees it as a joke, regulatory bodies watch it like a thief, and even within the crypto community, there are two factions: some praise it as the "meme coin leader," while others criticize it as a "professional scalper." Back when Musk was shouting "to the moon" every day and testing Tesla payments, he even joked, "I get asked about the DOGE price every day."
This time it's even more interesting - the Kupor that Reuters used as a "source" is actually a moderate regulator. What he wants is not to eliminate cryptocurrency, but to consolidate regulatory power in his own hands, using the name of "regulation" to take a share of this cake. In other words, this is not a signal that DOGE is going to crash; it's a drama of the establishment and the radicals vying for discourse power.
What about DOGE? The "payment revolution" has been shouted for so long, but in reality, only a few have actually implemented it. However, it can still be traded — several waves of surges this year have made the believers ecstatic, while the skeptics continue to criticize.
Now Musk and certain political figures have reached an impasse, while DOGE is still in the center of public opinion. Behind this is actually a struggle between two routes: allowing the market to grow wildly on its own or being incorporated into a regulatory framework? Continuing the meme frenzy or transforming into a "serious project"?
What do you think will be the future of DOGE? Will it completely fade away, or will it be "recruited" as a compliant model? This might be more worth pondering than the fluctuations in its price.
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SignatureDenied
· 11-28 10:54
Reuters' recent move is really amazing; they released the news without verifying the sources, and they deserve to be slapped in the face for it. But to be honest, DOGE is just a machine for generating public opinion; everyone wants to ride the wave.
View OriginalReply0
MEVHunter
· 11-27 23:53
ngl reuters getting played hard here... kupor's literally just repositioning the regulatory chess board, not actually killing anything. classic establishment move—they want the cake, not to destroy it.
Reply0
TokenToaster
· 11-25 12:52
This action by Reuters is a prime example of shooting oneself in the foot, haha.
To put it bluntly, DOGE is just a game of public opinion; whoever has more sway wins, and the rise and fall of the coin price is secondary.
View OriginalReply0
MysteryBoxAddict
· 11-25 12:52
To be honest, this is a game of power, DOGE is just a pawn.
View OriginalReply0
UnluckyValidator
· 11-25 12:45
Another "debunking drama" has unfolded, and Reuters is indeed a bit disappointing this time.
If DOGE were really doomed, it would have been long gone by now. The fact that it's still being tossed around indicates what? It's just a piece of fat meat that every faction wants to take a bite of.
View OriginalReply0
OnchainGossiper
· 11-25 12:34
I've seen this trap from Reuters too many times, creating panic and then debunking it, while the onlookers enjoy the show.
Reuters really shot itself in the foot this time – it just published an article saying "DOGE is going to be killed," and then turned around to have officials and industry insiders collectively refute it. But is this matter really that simple?
Since the day DOGE became popular, it has never been quiet. Traditional finance sees it as a joke, regulatory bodies watch it like a thief, and even within the crypto community, there are two factions: some praise it as the "meme coin leader," while others criticize it as a "professional scalper." Back when Musk was shouting "to the moon" every day and testing Tesla payments, he even joked, "I get asked about the DOGE price every day."
This time it's even more interesting - the Kupor that Reuters used as a "source" is actually a moderate regulator. What he wants is not to eliminate cryptocurrency, but to consolidate regulatory power in his own hands, using the name of "regulation" to take a share of this cake. In other words, this is not a signal that DOGE is going to crash; it's a drama of the establishment and the radicals vying for discourse power.
What about DOGE? The "payment revolution" has been shouted for so long, but in reality, only a few have actually implemented it. However, it can still be traded — several waves of surges this year have made the believers ecstatic, while the skeptics continue to criticize.
Now Musk and certain political figures have reached an impasse, while DOGE is still in the center of public opinion. Behind this is actually a struggle between two routes: allowing the market to grow wildly on its own or being incorporated into a regulatory framework? Continuing the meme frenzy or transforming into a "serious project"?
What do you think will be the future of DOGE? Will it completely fade away, or will it be "recruited" as a compliant model? This might be more worth pondering than the fluctuations in its price.