š Bit Originās $500M Dogecoin Treasury: The Rocket Fuel DOGE Needs to Hit $1?
Wall Street's latest meme coin gamble just went nuclear. Bit Origin's half-billion-dollar Dogecoin treasury is either the smartest hedge against inflation or the most expensive joke in crypto history.
Pumping DOGE's Price
That $500M war chest could trigger the mother of all short squeezes. Market makers are already recalculating their risk models as retail traders smell blood in the water.
The Institutional Meme Play
When hedge funds start stacking Shiba Inu memes alongside their blue chips, you know we've entered crypto's surreal new era. The same 'serious investors' who mocked DOGE in 2021 are now quietly accumulating positions.
To $1 and Beyond?
Technical indicators scream bullish, but let's be realāthis is Dogecoin we're talking about. The only fundamentals here are Elon's Twitter activity and the collective delusion of degenerates. Still... that $1 target doesn't seem quite as crazy today.
Remember: in crypto, the line between visionary and bagholder is always written in disappearing ink.
In a major announcement shaking the crypto market, Bit Origin Ltd (NASDAQ: BTOG) has confirmed plans to accumulate Dogecoin as a core treasury asset, reported by the Companyās official team.Ā Read More
