Dogecoin (DOGE) Is Getting All the Hype, But Is It Worth Buying? | Bitcoin

Once more grabbing headlines, Dogecoin has surged to a live price of $0.3933 with a 24-hour trading volume of almost $11.45 billion as of writing. With a market capitalization of $57.77 billion, DOGE has shown an amazing 169.64% increase over the previous 30 days, therefore securing its rank as the #7 cryptocurrency on CoinMarketCap. Benevolently, though, lies a crucial question: Is DOGE worth the hype? Many think the token is a dangerous long-term investment because of its volatility and reliance on outside factors like the tweets of Elon Musk. This attitude has led astute investors toward Rexas Finance (RXS), a novel initiative integrating blockchain technology with real-world utility to provide the stability and expansion possibility DOGE lacks.

What’s Driving Dogecoin’s Popularity?

Originally developed as a meme coin, DOGE has always been a communal darling. Its…more

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