Both Dogecoin (Crypto: DOGE) And along with Ticker’s playing cards, the official Trump Mys Coin has been performing the most famous Memes at this time. But contrary to what you have heard, not all Memcoin is the same in terms of reward risk balance.
And in this specific match -up, there are many discussions. Let’s jump in.
Dogecoin is MEME Coin, which has started the entire asset class within the cryptocurrency, has been alive many years later and has a market capitalization of about $ 47 billion.
Regarding investment papers for purchasing Dogecoin, this chart does a better job to explain it than just words.
As you can see, Godecoin shares the average bitcoin’s action and advanced correlation. This is always an extra liquidity to flow from bitcoin to the dragcoin, in line with the severe timing of half of the mining reward, if bitcoin is rapidly increasing in a 4 -year cycle and declining. there is.
To put it simpler, if bitcoin continues to enrich investors during a specific period, some of the additional money they make will be spent on Dogecoin on average. It makes sense because investors can probably find higher returns in the speculative boom in Dogcoin rather than bitcoin.
Then there are other elements of Dogcoin dissertation. Dogecoin has been attracting much attention for more than 10 years every few years. Investors are back in anticipation of the next landing, and the Mys itself is widely recognized and can be easily riff.
Furthermore, coins may be included in the Excient Strade Fund (ETF) in the conventional financial market. However, these ETFs have not yet been approved.
Does that mean you should buy it? No, at least, it is not unless you lose all money until you diversify your portfolio with a safer investment.
Trump’s Memcoin, which was launched on January 17, has a market capitalization of about $ 5 billion today, and is one of the largest Merim Coins.
There is no same vintage as Dogecoin, but there is one very powerful factor that promotes the price. It is the only cryptocurrency that has the name and support of the US President and supports it. Gaining the explicit support of the President, despite being expected to be a professional clipcalensy administration, means that Trump’s coins are unlikely to be zero. Also, if the president’s actions want to buy his coins, it may potentially catch a big tailwind. And the dynamics can be easily maintained throughout the four years.
The story will continue