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Dogecoin is getting a lot of hype across social media and lots of people are saying that dogecoin can reach $1. Dogecoin is being compared to Bitcoin and I think that is a terrible lie trying to get people excited about dogecoin and is basically a scam.
In this video I try to explain why Dogecoin is not Bitcoin and what big differences there are. They really are completely different and people on social media trying to hype dogecoin by comparing it to bitcoin is flat out lying to people and trying play off what’s happening with Bitcoin right now.
There is completely a chance that dogecoin could reach $1 per coin, because anything is possible in the cryptocurrency space. But, I do not think dogecoin will ever see any price near $1 because it is a meme coin with no real value when compared to something like Bitcoin. To hit $1 dogecoin would need massive money to come in and without a value to institutions or people with lots of money there is no real chance to see dogecoin rise to far.
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THIS IS NOT FINANCIAL ADVICE, ENTERTAINMENT PURPOSE ONLY.
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