Is Dogecoin a Good Investment? | Why I’m Buying Dogecoin?

Is Dogecoin a Good Investment? | Why I’m Buying Dogecoin?

In this video, we look at Dogecoin, which is a type of cryptocurrency that has seen a pretty massive rise in price over the past month. Many credit this to Elon Musk for tweeting about it, and that has certainly helped, but the crypto craze is undeniable at this point. Many see Dogecoin going to 4 cents by the end of 2023, which doesn’t sound like a lot, but it is actually pretty insane, as that would be over a 400% return from where we are right now. The highest Dogecoin has ever been was around 2 cents back in early 2018. If people continue to jump on the DOGE bandwagon, we could see a pretty decent pop in price. This is why I am buying Dogecoin, not necessarily because I see anything in it, but because we have seen time and time again how these cryptocurrencies, led by Bitcoin, can inflate in price pretty quickly. With that being said, I am not putting a bunch of money into it, only $5 for now, but if one day Dogecoin hits $1, that $5 would then be worth $665. Dogecoin is super cheap right now, and it might not be a bad idea to throw a couple dollars at this thing, just to get some exposure to it. I hope you guys enjoyed this video, smash that thumbs up button if you are excited for Dogecoin, and let me know down in the comments: are you guys buying Dogecoin??

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