Dogecoin attracts great love and hate in equal measure, from the retail traders to the industry leaders.
However, the meme cryptocurrency may hold the key to cryptocurrencies going mainstream, even if it fizzles out in the long run.
Dogecoin is a coin that seems to attract adoration and criticism in equal measure. The Doge army, led by the “Technoking of Tesla” Elon Musk has continued to push for its adoption relentlessly. On the other hand, Cardano founder Charles Hoskinson leads a faction that sees Dogecoin as a distraction and a danger to the crypto industry. Whichever side you lean, we can all agree on one thing – Dogecoin has caught everyone’s attention.
Much wow – Dogecoin up 5,200% this year
Dogecoin has been one of the best-performing cryptocurrencies this year. It started the year at a mere $0.004879 with a market cap of just $623 million. The meme crypto would start performing towards the end of January and go parabolic in April. Dogecoin had at one point shot in
