“Dogecoin Surges 77% as Retail Fever Pitch Stretches Into Crypto”
January 28, 2021
“Dogecoin, a digital coin started as a joke, soared as much as 77% since 11:04 a.m. Hong Kong time, according to data from cryptocurrency tracker CoinGecko. Over the past 24 hours, it’s up 42% to $0.01129497…
Users on the Reddit thread SatoshiStreetBets touted the gains with posts like, “Up 25% this last hour. First dog on the moon” and “NEED $1 Doge.” Another one said “Doge = the crypto gme,” referring to GameStop Corp., the stock that’s surged some 400% this week as retail traders squeezed short sellers… Dogecoin’s market capitalization sits about $1.4 billion, the 33rd-highest among cryptocurrencies, according to CoinGecko data…”
Well this is amazing because I see dogecoin as a good long term investment as well. (1 to 5 years) In my humble opinion this is pretty much a win, win situation if you get in right now. First of all what if they actually push it to 1 dollar? That’s a lot of money to be made. Even if the price drops from its current rate, which is under 2 cents, the price will most likely recover in a year. Please don’t ignore this advice. Get in now. Even if you don’t get out in time I see this is a very good long term investment.
This will be my only post today as I will be following the stock market. Enough talk. Lets make some money!