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Thinking About Investing in Dogecoin? Here's What You Need to Know

When Dogecoin (DOGE) first came onto the scene, most people saw it as a joke, including its founder.

Then suddenly, even Elon Musk was backing the coin, and its value soared. Now though, the price has dropped, and some are wondering if Dogecoin is just a joke after all.

You might be asking yourself: Should I invest in Dogecoin, or have I already missed the boat?

Should I Invest in Dogecoin? The Verdict for 2022

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Drink lots of Water

DOGE dates back to 2014, making it even older than Ethereum, which launched in 2015. But unlike most cryptocurrencies, its team never had high hopes of it becoming the next big currency or changing the world.

What Is Dogecoin?


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When evaluating most cryptocurrencies and digital tokens, I’d take a deep dive into the infrastructure and technology behind the protocol, but that’s not applicable for Dogecoin given its lack of unique features.

How Is Dogecoin Used?


When Dogecoin launched, its price was $0.0002, which didn’t change significantly until 2021. In February 2021, the coin enjoyed what at the time seemed like a big jump up to $0.079.

Dogecoin Price History

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