Should You Invest in Dogecoin?

12 hours ago 1
  • Dogecoin has mislaid implicit fractional its worth successful 2025.

  • This meme coin has gone done akin phases before.

  • 10 stocks we similar amended than Dogecoin ›

Dogecoin (CRYPTO: DOGE) is the archetypal meme coin, and it's the astir successful. Even though the amusive and affable canine coin has seen amended days, it's inactive worthy astir $25 cardinal arsenic of Dec. 3.

After a little post-election rally, Dogecoin has been successful the reddish for astir of 2025 and is down 53% twelvemonth to date. If you were readying to put portion the terms is low, you whitethorn privation to reconsider.

A Shiba Inu canine  lasting  outside.

Image source: Getty Images.

Outside a fewer spikes present and there, Dogecoin has mostly been trending downward since hitting $0.48 successful December 2024. Buying the dip is simply a fashionable investing strategy, but determination has to beryllium a bully crushed to expect that an plus volition recover. Otherwise, you're conscionable gambling.

Dogecoin doesn't connection immoderate unsocial worth arsenic a cryptocurrency. It lacks the built-in scarcity and sanction worth of Bitcoin, and it does not offer an extended blockchain ecosystem similar Ethereum. You tin usage Dogecoin arsenic a integer currency, but the aforesaid is existent of galore different types of cryptocurrency, truthful that's acold from a unsocial selling point.

Meme coins thin to autumn disconnected rapidly erstwhile the hype fades away. In Dogecoin's case, it reached an all-time precocious of $0.74 successful May 2021, and past plummeted by implicit 90%, sinking arsenic debased arsenic $0.05. With nary existent usage lawsuit oregon maturation catalysts connected the horizon, Dogecoin could easy extremity up adjacent little wrong the adjacent year.

Before you bargain banal successful Dogecoin, see this:

The Motley Fool Stock Advisor expert squad conscionable identified what they judge are the 10 champion stocks for investors to bargain now… and Dogecoin wasn’t 1 of them. The 10 stocks that made the chopped could nutrient monster returns successful the coming years.

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See the 10 stocks »

*Stock Advisor returns arsenic of December 1, 2025

Lyle Daly has positions successful Bitcoin and Ethereum. The Motley Fool has positions successful and recommends Bitcoin and Ethereum. The Motley Fool has a disclosure policy.

Should You Invest successful Dogecoin? was primitively published by The Motley Fool

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