Within the crypto market, there’s arguably no extra polarizing matter than meme coins. Fairly merely, you both love them or hate them. Some view them as a enjoyable get-rich-quick alternative, whereas others view them as speculative investments with no real-world worth.
That is true even for meme cash with multibillion-dollar market caps, resembling Dogecoin (CRYPTO: DOGE). This dog-themed meme coin has been round since 2013, and now has a market cap north of $17 billion. So does Dogecoin deserve a spot in your portfolio or not?
Till Shiba Inu (CRYPTO: SHIB) launched in August 2020, Dogecoin reigned supreme as the highest canine of the meme coin universe. When individuals talked about meme cash, they had been speaking about Dogecoin. Dogecoin constructed up an amazing quantity of public goodwill throughout that interval, and over the last crypto bull market rally, it even attracted the assist of billionaire Elon Musk.
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