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#DOGE The market considers DOGE as a legitimate competitor in the Crypto Assets field.
Mike McGlone, a senior commodity strategist at Bloomberg Intelligence, recently stated on The Crypto Show that, from an external market perspective, DOGE positions itself as a true demand competitor to Bitcoin.
This viewpoint highlights a significant paradigm shift in market dynamics, with more and more people inclined to invest in DOGE.
Various institutions are gradually realizing the strong demand drivers and compelling value propositions of its viability as a currency and simplified payment infrastructure.
Practicality, speed, reduced costs, and the existing onboarding consumer group are important variables that companies consider during this adoption cycle. Many companies conclude that DOGE is the ideal choice.