🐕💰📈 In 2021, Dogecoin became one of the biggest stories in crypto, with retail investors actively trading and discussing the coin. Public companies supported the cryptocurrency, along with billionaires like Tesla CEO Elon Musk and Mark Cuban.
In 2022, Dogecoin failed to continue its break out and traded in a range of $0.04972 to $0.2032.
The cryptocurrency saw several spikes in 2022, including a couple of notable moves related to Musk acquiring Twitter and hopes for integration with the social media platform.
Dogecoin hit an all-time high of $0.7375 in May 2021, which came around the time Musk was the featured guest host of an episode of “Saturday Night Live.” Investors who bought into Dogecoin shortly before the episode aired or in the latter part of 2022 may be down on their current position.
If you were fortunate to throw a little money into Dogecoin at the beginning of 2021, the cryptocurrency could be one of the best-performing assets in your portfolio.
Dogecoin opened for...
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