2026-01-01 15:21:28

Wall Street has put a suit on Dogecoin, but smart money is doing something else—quietly accumulating AI mining machines.

DOGE ETF's first-day trading volume reached $17 million, which sounds good, but it's just the appetizer. The real drama unfolds at the data level—during the same period, the total market cap of AI concept tokens surged by 210%, and the total locked value of computational infrastructure projects skyrocketed by 470%. This is not a deviation; it’s capital voting.

**The Duality of the DOGE ETF: Compliance Does Not Equal Stability**

The regulatory policies released on December 9th now allow banks to conduct "risk-free principal trading," theoretically injecting hundreds of billions of dollars of liquidity into the market. Sounds great, right? But reality gave a slap—after the ETF launched, DOGE plummeted by 38%. Compliance only solves the question of "whether we can buy," not "whether it’s worth holding."

A professor at Yale, who studied financial bubbles, once said that assets sustained by narratives are particularly vulnerable during liquidity crises. Downward market sentiment plus intrinsic value deficiency equals a "double kill." The evaporation of DOGE’s market cap is either a betrayal by Wall Street or a sign that market laws are kicking in.

And it gets more painful—DOGE ETF is based on legal frameworks from the 1940s, essentially a "packaging game." It bypasses custody requirements, but the fundamental contradiction remains unresolved: how can an asset priced based on Musk’s tweets meet institutional risk standards?

**The Real Money in AI Tokens: From Storytelling to Returns**

While DOGE was being dumped in panic, the AI sector was steadily rising. This reflects a fundamental shift in the crypto market in 2025: the value anchor has shifted from "community consensus" to "actual revenue."

Venture capital data for 2024 shows that 31% of funds flowed into AI, but the story behind this number is even more important. Starting from Q3 last year, some AI protocols began generating real revenue. Decentralized computing rental platforms can achieve gross margins of up to 58%, approaching the level of traditional cloud service providers.

DOGE6,71%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

12 Likes

Reward
12
4
Repost
Share

Comment

0/400

RugPullSurvivor

· 10h ago

It's the same story again. DOGE becomes compliant and then crashes, hilarious. It's just a liquidity trap. AI is quietly profiting, smart people have already shifted. Elon Musk's tweet pricing also wants to meet institutional standards? That's funny. Real returns are the key. I'm interested in a 58% gross profit margin.

View OriginalReply0

GasFeeLover

· 10h ago

Here we go again, the DOGE ETF is just a front; the real money has long flowed into AI. I've seen through it all.

View OriginalReply0

CascadingDipBuyer

· 10h ago

Dogecoin has plummeted again. I knew this ETF move was just a trick to trap retail investors. The real money has long been secretly flowing into AI, and that's what smart people should be paying attention to.

View OriginalReply0

RuntimeError

· 11h ago

It's the same old trick again, DOGE is just a story, AI is the one with cash flow. I saw through it a long time ago. Smart money is all in mining, those still buying DOGE really need to reflect. DOGE plummeted 38%, serves them right. It's no wonder that something priced based on Twitter is unstable. Wait, AI protocol's gross profit margin is 58%? That's even more aggressive than cloud service providers. Need to dig deeper. DOGE compliance is just a facade; it can't solve the fundamental issue that it's a joke in itself.

View OriginalReply0