When I first started watching the meteoric rise of Dogecoin (DOGE) over the last few months, I couldn’t believe my eyes. And my eyes have seen a lot in the cryptocurrency world!
From trading for less than a penny for most of its life, it shot up to a couple of cents in January. From there, it took off, reaching a high of $.68 in May. It now trades around $.25.
That kind of volatility is nothing new. But when you’re talking about a cryptocurrency with a market cap in the billions, it’s something special.
So, we’re going to break down Dogecoin and see if it’s really worth all the hoopla it’s been getting.
First off, how do you pronounce Dogecoin (DOGE)? Continue reading "What Is Dogecoin?"