3 Altcoins About to Absolutely Demolish Dogecoin
The meme token Dogecoin (CRYPTO: DOGE) may have started as a joke when it launched in late 2013, but today it's the ninth-largest cryptocurrency in the world, with a market cap of more than $24 billion. While Dogecoin and its network continue to lack real-world utility, a fervent community on social media has buoyed the token.
I do not foresee many individual catalysts for Dogecoin, but the token has historically traded with high volatility based on developments in the broader cryptocurrency sector. Recently, however, Dogecoin has not performed well, despite numerous tailwinds in the crypto sector, largely due to President Donald Trump's pro-crypto administration. Dogecoin is down approximately 49% year-to-date.
While Dogecoin may not be going anywhere, I think there are far better options to speculate on. Here are three altcoins poised to surpass Dogecoin.
Source Fool.com
