Still treating DOGE as a joke? It's time to seriously look at this coin.

From its origins as a meme coin to now attracting institutional attention, DOGE's story has shifted from community sentiment to fundamental support. By 2026, three key variables are worth paying close attention to: first, the regulatory framework is basically taking shape, and uncertainty has significantly decreased; second, payment applications are truly being implemented, moving from PPTs to real-world scenarios; third, product lines like ETFs are still expanding, making institutional allocation channels increasingly accessible.

What does the simultaneous appearance of these factors mean? It indicates that the market's focus is shifting from speculative sentiment to actual demand. New projects like PEPE are gaining popularity, and the application ecosystem on the SOL chain is also rapidly expanding, with the entire sector being re-priced.

Rather than waiting for DOGE to fall from the sky, it's better to understand the logic of this cycle now.