Recently, observers of the cryptocurrency market have noticed an interesting phenomenon: the monthly chart of DOGE is exhibiting a technical pattern known as the "cup and handle" formation. The appearance of this pattern is typically regarded as a precursor to a significant price increase, sparking speculation in the market about DOGE potentially breaking through the $1 mark.

As mainstream cryptocurrencies like Bitcoin and Ethereum have reached high price levels, investors are starting to look for new opportunities. In the late stages of a bull market, market sentiment often drives price movements rather than fundamental analysis. In this environment, the meme token category may become the next hotspot for attracting funds.

However, not all meme tokens have the same potential. At this stage, market recognition, market capitalization, and certainty become key factors. As a representative of this category, DOGE not only has broad community support but has also attracted the attention of some high-profile individuals, which may become its advantage when market sentiment is high.

Besides DOGE, other well-known meme tokens like PEPE and SHIB may also attract the attention of investors. For ordinary investors, this could be a noteworthy investment opportunity window.

However, it is worth noting that the meme token market is highly volatile, and the investment risks are correspondingly high. In the later stages of a bull market, these types of tokens may experience significant price fluctuations, which could lead to substantial gains or severe losses.

Overall, as the cryptocurrency market enters the final stage of the bull market, investors' attention may shift from mainstream tokens to high-risk, high-volatility assets like meme tokens. However, participants should carefully assess risks and conduct thorough market research and risk management.