5 facts, conclusions and opinions about dogecoin
1- Yes! The coin was meant to be just a joke. It was inspired by a meme and today is one of the most valuable cryptocurrencies in the world (7#);
2- Unlike "normal" cryptocurrencies, it has a strength that differentiates it from the others: the strength of COMMUNITY. From Elon Musk to the other millions of buyers, everyone who tweets about Dogecoin is doing a kind of "advertisement" for the currency;
3- Dogecoin's market value hit 35 billion USD in the last pump. Believe it or not, this is a higher market value than countless stock companies
4- Dogecoin is one of the most volatile currencies. And, generally, these high / fall spikes are directly related to tweets and headlines (don't let these biases affect you)
5- The market shows some signs of irrationality. That old story ... many onlookers going after greed and completely ignoring the advice of the most experienced who say to seek knowledge before investing in ANYTHING / DYOR.