The story of this crypto world is truly ridiculous. Remember when DOGE was just a pure internet joke? Now it can actually be used to buy houses and cars in Japan. The list of merchants accepting payments goes from Starbucks, LV, Rolex to Ferrari, and it’s terrifyingly long. Musk’s phrase "diamond hand" has pushed the FOMO sentiment across the internet to its peak. The market is calling for $2 in the short term, and even up to $7.2 in the long term, making the trillion market capitalization story seem more and more likely to come true.

With consensus, sentiment, and the platform of global top-tier influencers, DOGE is indeed writing an unprecedented Meme legend. Many people are excited, thinking "this time is really different", and financial freedom is just around the corner. But the problem arises.

Once an asset's price fluctuations are mainly driven by emotions, topics, and celebrity effects, how outrageous can its volatility be? It can make you feel wealthy on paper, only to be cut in half because of a tweet or a rumor. You can buy a car with DOGE, but the premise might be that you need to complete the transaction at the peak price in an instant—behind this "payment utility" is actually a huge price risk.

This reflects an eternal paradox that all investors, especially participants in the crypto world, cannot avoid: we desire the imaginative space brought by high-volatility assets, but at the same time, we have an extreme need for the stability and predictability of those assets. After all, we cannot stake all our wealth on "what a certain celebrity posts today."

This is the core of the issue. While chasing popular coins, how can one maintain stability in their asset allocation? The balance point varies for everyone.