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Dogecoin is no longer just a joke on social media.

You can now really use it to buy coffee at Starbucks, pay at luxury stores, or even book flights. Official Tesla stores and several airlines have started accepting this payment method. The emergence of these scenarios essentially reflects a question: when more and more people are willing to exchange goods with something, it has the actual function of money.

A recent key change worth noting is that the mining reward for Dogecoin has decreased by 90%. This directly affects the rate of new coin issuance. The basic logic of economics is clear: a significant drop in supply, while demand (the number of merchants accepting DOGE and coin holders) is expanding, naturally drives price expectations.

The foreign investment community is currently discussing this intensely: in the short term, some see $2, and in the long term, even mention the possibility of $7. Japanese regulators have officially classified Dogecoin as a tradable financial product. These are not baseless rumors.

Of course, when it comes to amplifying the effect, Elon Musk’s every tweet can indeed trigger market waves. His ecosystem has also spawned new meme coins on Ethereum, with some betting on other dark horse opportunities.

Essentially, the value anchor of any crypto asset is consensus—how many people believe in and use it. Dogecoin is undergoing a transformation from a "pure social meme" to a "practical payment tool," and this process itself reveals something.

So here’s the question: do you think DOGE can become the infrastructure for mainstream payment options, or is this hype just a flash in the pan? Share your judgment in the comments.