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1996

> $1 Doge is a very strong psychological target for the retail fan crowd

Yes. Mark my words: the WSB crowd will make the USD/DOGE parity happen.

I've said that before (maybe not here except in https://news.ycombinator.com/item?id=25969948 ), and I stick with my prediction: after they found how GME was game, their next logical step was going to be crypto.

The only true question is where DOGE will stabilize: below $2 or above.

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This crypto run feels a bit different than the last few, the last couple bubbles didn't have a year of lockdown and political despair behind them. There's a strong sentiment of resentment towards banks, political parties, and institutions in this one. I'm old enough to remember OWS and the "great recession" and even then most people who were not affected could afford to ignore it. This time people who would've otherwise gone about their daily lives without paying much attention to the news have had nothing to do but become dejected iconoclasts.

100% agree, I think a lot of people became disillusioned about the state of things and many have lost quite a bit of faith in their governments and elected officials. That said, I wonder if people will just forget it all once things return back to normal, whatever that normal is.

Hyperbole, and no "truth" about it. The next few months will see Doge back at 10 cents and well below, and nowhere near $1-2.

WSB doesn't permit crypto conversations, penny stocks, or any other form of pump and dump.

WSB rabidly suppresses discussion of cryptocurrencies.

That changed as of yesterday. :)

They changed it back after Bloomberg's article [1].

1: https://www.reddit.com/r/wallstreetbets/comments/mreeny/re_o...

There is a community, and a zeitgest. A large part attends WSB.

When these redditors will want to keep talking about their new fun project that is making the headlines, either the WSB mods will make exceptions again, or a new sub will be created.

There's plenty of other subs, including r/satoshistreetbets where you can go if that's what you're into.

I don't personally care. What I say is the audience will find a place to gather - if not on WSB, elsewhere.

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