#DOGE E Epic upgrade explosion! EVM compatibility + $5 target, is it a crypto celebration or a trap?



Everyone, who understands! Dogecoin's just announced DogeChain 2.0 upgrade has directly sparked the market—achieving full Ethereum Virtual Machine (EVM) compatibility for the first time. Now it can do DeFi, mint NFTs, and cross-chain transactions, with transaction speeds soaring to 450 transactions/sec. This move has instantly transformed DOGE from a "meme coin" to an "all-round contender" 🔥

Even crazier, the development team announced: they have already partnered with Uniswap and Chainlink, and plan to launch a dedicated decentralized exchange in Q2. The medium to long-term goal is directly targeting $5! From a technical perspective, there's more to watch—weekly charts have already formed a "cup and handle" pattern. Now, it's just waiting for a breakout above $0.5. Many analysts say that once it breaks through, it could trigger an accelerated rally.

But behind the celebration, two major risks must be cautioned against: First, on October 27, the central bank reiterated strict measures against virtual currency speculation. Historically, every regulatory statement has marked a market turning point—Bitcoin once fell from $60,000 to $3,000 because of this. Can DOGE be an exception? Second, technical compatibility might have security vulnerabilities, and the crypto market is heavily influenced by policies and capital flows. The myth of ZEC rising 1100% in three months is hard to replicate. Be cautious when chasing high!

Now, the community is buzzing—some are showing their holdings, waiting for doubles; others are warning, "Learn from the lesson of TRUMP coin dropping from $70 to $7." Do you think DOGE can reach $5? Is it better to buy on the pullback or wait and see? Share your trading plans in the comments!
DOGE-2.71%
ETH-2.63%
UNI-5.72%
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User_anyvip
· 11-08 13:58
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