Is Dogecoin Still in the Arena?

Dogecoin launched in 2013 as a ‘joke’… its value was so serious that it skyrocketed up to 49,000% since its launch.

In 2021, Dogecoin reached around $0.73 in May as an all-time high. Despite the good news for the first half of the year, it went down to approximately $0.17. Many holders in the community question its future on how it will hold its previous price again.

Take note, and not in a rush to look down DOGE, many loyal supporters in the community are still adding to the rise of numbers. Dogecoin’s twitter and Reddit community surged an impact on follower growth after Elon Musk’s and Snoop Dog’s tweets.

Dogecoin has multiple rivals of cryptocurrency that aroused this era—but it could still be this year’s winner.

Dogecoin might skyrocket its price this year. Just remember Musk tweeted “Dogecoin rulz” in 2019 after April Fools. We can think about what’s for 2022 then.

Sources

• Why This Crypto Could Be the Dogecoin of 2022 | The Motley Fool
• Dogecoin (DOGE) Price Prediction for 2022 (analyticsinsight.net)