Dogecoin: The Coin We Deserve. And the One We’re Ashamed Of.

Diary Entry, Wednesday

You know what annoys me about Dogecoin? The fact that it works. It shouldn’t. It was launched as a joke, as the antithesis of “serious” Bitcoin, yet now it sits in my portfolio, nestled between Ethereum and some random DeFi token, demanding attention.

We crypto enthusiasts spend years studying whitepapers, tokenomics, node distribution, and then we hop onto Reddit, see “Doge to $1,” and buy. This is not an investment. It’s capitulation to absurdity. And that’s where the real, infuriating hype comes from.

The Psychological Trap

DOGE has no logic, which means it contains absolutely everything.

Any “news” about it isn’t news—it’s collective psychosis reflected in its price. A billionaire sneezes? Price +10%. Some tiny shop in the middle of nowhere accepts it? Price +5%. We, traders, have become Pavlovian dogs, reacting to external, utterly irrational stimuli.

Our generation is tired of boring money, banks, 30-year mortgages. DOGE is our investment rebellion. We’re essentially saying: “Here, take the dumbest coin, and we’ll make it the most valuable because we can.” It’s a protest against seriousness. And apparently, protests come at a price. A high price.

Provocation: DOGE Is Your Self-Esteem

You don’t buy Dogecoin because you believe in its technology (there’s barely any); you buy it because you’re afraid of missing the party. You fear that your neighbor, some broke student, will buy $50 worth and a month later drive a Lamborghini, while you’re still analyzing a perfectly logical—but inexplicably stagnant—DeFi project.

Dogecoin is a test of financial rationality. Most of us fail it. But you know what? That’s its only, unbeatable strength.

Technical & Emotional Reality

Technically, DOGE is a simple, inflationary coin pegged to Litecoin. Emotionally, it’s the strongest financial drug on the market. We pour in our hopes, our FOMO, our irony—and it returns either pain or insane profits.

I close the chart. Can’t look at it anymore. I’ll check Twitter for “dog news.” Good luck to all of us, and yes, I’m still waiting for this dog to pull me out of the debt hole.

P.S.

And yes, I sold it last year at $0.05, as soon as it stopped being “funny.” The biggest mistake of my life. Don’t repeat it.