Should You Buy Dogecoin After Its Recent 55% Drop?
Dogecoin (CRYPTO: DOGE) was the cryptocurrency industry's original meme-token. It was created as a joke by two friends in 2013, who were inspired by the "Doge" meme that was spreading across the internet like wildfire at the time. Dogecoin has become a vessel for speculative investors because it has very little utility in the real world. Nevertheless, it managed to outperform most major cryptocurrencies in 2024 including Bitcoin, Ethereum, and XRP (Ripple):Continue reading
Dogecoin (CRYPTO: DOGE) was the cryptocurrency industry's original meme-token. It was created as a joke by two friends in 2013, who were inspired by the "Doge" meme that was spreading across the internet like wildfire at the time.
Dogecoin has become a vessel for speculative investors because it has very little utility in the real world. Nevertheless, it managed to outperform most major cryptocurrencies in 2024 including Bitcoin, Ethereum, and XRP (Ripple):
