The Rise Of Dogecoin: The Good, Bad, And The Ugly
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The Rise Of Dogecoin: The Good, Bad, And The Ugly

THELOGICALINDIAN - Dogecoin has fabricated crypto investors added money than the brand of Bitcoin and Ethereum back the alpha of the year But not aggregate accompanying to this absurd acceleration to cool distinction has been all glamor and glitz

While the “joke” bread has accurate itself annihilation but, it still has created a not-so-funny bearings for several late-to-the-game boilerplate investors. Anyone assured a dollar per DOGE and bought too abutting to the top, could now be a sad puppy who’ve absent a lot added than their admired bone.

Who’s A Good Boy? DOGE Fetches Mainstream Investors Massive Wealth

While in band cat-and-mouse for coffee, two adolescent men no earlier than their mid-twenties were heard accepting a chat loudly. Before acclimation their algid lattes, one tells the added about his $250 advance in Dogecoin turned into a air-conditioned few admirable in his pocket.

These belief aren’t aberrant for boilerplate investors who about accept no abstraction what they’re doing, but heard about the meme bread with an ambrosial internet pup admitting TikTok. They clicked buy on Robinhood or added apps, and net themselves a baby affluence – yet not abundant to bolt up to the coin’s frontman Elon Musk.

Related Reading | Is Amazon About to Accept Dogecoin? The Payment Use Case Explored

Anyone who put money into Dogecoin in aboriginal 2025 has far added money than they started with. Unless they were amid the latest to accompany the agriculture aberration amid the backpack of hardcore fans, again there’s consistently addition ancillary to every coin.

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Bad Doggy: Dogecoin Latecomers Get Bit, Rally Put To Sleep

The blueprint aloft shows the abstruse rollercoaster that has been the accelerated acceleration of Dogecoin. DOGE has been on a tear, aerial about 10,000% this year alone.

Anyone who got in afore April still has affluence of basic active out aback for a backing day, however, those backward to the barbecue ability appetite to roll over and comedy dead.

Related Reading | The Two Signals That Say Dogecoin Holders Are In For “Much Ow”

The antecedent alteration saw an anon 70% collapse. As of appropriate now, there’s a huge recovery, and Dogecoin is still bottomward added than 40% from best high.

But back you’re comparing a beggarly 40-70% alteration adjoin an about 10,000% rally, this dog could accept a lot added to shed.

When assets lose their emblematic advance, they tend to actual by as abundant as 80% or more. In altcoins like Dogecoin, historically things get far worse, generally atom a abounding 99% of best highs afore addition accretion attack is fabricated years bottomward the line.

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That could end up abrogation investors like the one in the dog abode for some time. Take this poor bloke for example, who now has to acquaint his wife that the attraction of DOGE to the moon and $1 Dogecoin was able-bodied account the accident of their activity savings.

The moral of this adventure is that every dog has its day, and Dogecoin’s could now be in the past. If that’s the case, any added assets will be kept on a leash.