Part 4/6:
As Be The Bush expresses, Dogecoin remains largely speculative, lacking practical utility in day-to-day transactions. Despite this, the rising interest surrounding initiatives to integrate Dogecoin into platforms like Twitter (now X) adds a layer of intrigue. However, he remains skeptical about its future mainstream acceptance and utility.
Discussing market psychology, he noted that when Dogecoin holds a stable price for an extended period, public perception can shift. The belief that a cryptocurrency has established a "new normal" often leads to increased investment and demand, potentially propelling prices higher.