All In On DogeCoin?

Now if you’re like me, you’re probably questioning all the credibility of this new coin and if it’s a good investment.

Photo by Clay Banks on Unsplash

These last few months it seems all the news can talk about is Dogecoin.

Something that started as a joke, is now the fifth-largest cryptocurrency in the world.

Over the last few weeks, we’ve seen Dogecoin reach up to 75 cents and then drop tremendously all in the same week.

So with anticipation for Elon Musk to take the SNL stage, almost all investors had hoped that the Dogecoin father would mention Dogecoin in a skit and further skyrocket the price.

However, multiple errors occurred that it’s hard to know exactly what went wrong.

But this does have us questioning the credibility of this coin so let’s get into some of the benefits of Dogecoin.

Now if you’re like me, you’re probably questioning all the credibility of this new coin and if it’s a good investment.

First, I am rather impressed by how well Dogecoin has done so far.

The price of Dogecoin as we speak is up 39% at 54 cents per coin, on track for its best day since April 16th.