🐕 $DOGE has a Musk headline. But the real signal is on-chain.

Musk’s “lol” revived attention — but it’s not a DOGE bullish signal by itself.

🔹 365D MVRV: -19.26%
🔹 250M $DOGE reportedly moved to Binance
🔹 Negative MVRV = many 1Y holders are underwater

But remember: discounted doesn’t mean bottomed.

The signal to watch is simple:
on-chain demand + price confirmation.

Are you watching $DOGE or Musk? 👀

#DOGE #Dogecoin #Crypto