Can Dogecoin be the new gold?

Henrique Centieiro & Bee Lee
DataDrivenInvestor
Published in
5 min readMay 17, 2021

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What is Dogecoin

Is Dogecoin only a meme Cryptocurrency? A joke coin? I’ve been hearing people talking a lot about Dogecoin and most of the times, people talk about dogecoin in a deprecating manner. However, in May 2021, the dogecoin market capitalization exceeds 90 billion dollars and it’s been climbing the ladder being for a short period of time the 4th most valuable cryptocurrency. 90 billion dollars market cap is not a joke anymore right?

Dogecoin may have started as a meme cryptocurrency but now it’s much more than that. There are use…

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