It is reported that the crypto world's billion-dollar giant MicroStrategy has been included in the Nasdaq 100 index and will begin trading from December 23, which indicates that the crypto world may be about to enter a new phase of accelerated pump. With the inclusion of the Nasdaq 100 index, people are beginning to speculate whether the S&P 500 index will also soon welcome crypto world companies. Currently, this is only the early stage of Wall Street's involvement in Bitcoin, and it is expected that the crypto world will experience a qualitative leap in the next 3-5 years.

From the perspective of short-term market trends, the rise of BTC may temporarily create a capital suction effect on the altcoin market. This phenomenon is not surprising, because as a benchmark, the performance of BTC often determines the upper limit of other currencies. Only when BTC breaks through, other small currencies may follow the pump.

Therefore, it can be concluded that the crypto world bull market is not yet over. Typically, the end of a bull market is accompanied by a frenzy of speculation in small and niche currencies such as Dogecoin. However, at present, many Dogecoin have not yet exceeded their previous highs, so the market has not reached a frenzy stage. Be patient, because there is still a bigger rise to come.