$DOGE still living in the old dreams of 2021? Having fallen 80% from its peak, the fully tradable market value is clearly laid out. The valuation ceiling is ridiculously low. The biggest joke with this play is this: the proportion of longs in the whale accounts is shockingly high, but over the past seven hours the positions have been quietly shrinking—calling themselves bullish with their mouths, withdrawing with their bodies. Don’t be fooled by the high ratio; the real direction with real money is only one.