Cryptocurrency News and Insights

What’s the Big Deal About Dogecoin?

The Dogecoin cryptocurrency has been in the spotlight over the past couple months and it’s momentum is only increasing. Why is that?

Published

3 years ago

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Over the past year or so, the cryptocurrency industry has experienced a massive rise in consumer adoption and market velocity, and while the major cryptos like Bitcoin, Ethereum, and Litecoin maintain their positions in society as the top 3, new cryptos are coming to the forefront. Take Dogecoin as an example.

What started as a joke (Dogecoin) has become a legitimate cryptocurrency and one that is moving the market in triple-digit percentages. Both Elon Musk and Mark Cuban have invested millions into Dogecoin to support its continuing rise and consumer adoption. MKBHD has a great breakdown on what the big deal about Dogecoin is, let’s check it out.

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