Key Points

• Dogecoin has received unprecedented fame and interest since the beginning of this year.
• DOGE is one of the best performing cryptocurrencies this year, thanks to its vibrant and active community.
• The cryptocurrency is a good buy, not merely because of the hype and popularity, but its significant use cases and features.

Cryptocurrencies have emerged as a potential investment opportunity for securing a millionaire future for investors. Thanks to blockchain technology, the tremendous potential and value of cryptocurrencies are undeniable. What started with a single digital currency has now evolved to be a multi-trillion dollar industry. For instance, the meme cryptocurrency Dogecoin has gained unprecedented popularity in recent times. Crypto analysts say that investing in Dogecoin right now could make you a millionaire retiree.

The meme coin has turned into a real investment opportunity today. The token had an overextended bull run and was powered by sheer volumes from day traders, institutional investors, celebrities, and the DOGE community. As a result, the price of DOGE has soared by over 3,200% from the beginning to the end of last year.

>>>Buy DOGE Now<<<

Why Invest In Dogecoin Now For Future Returns?

Thanks to its unprecedented fame in 2021, DOGE is a stellar long-term investment for investors.

Dogecoin existed on the fringes as a mere joke cryptocurrency for several years and was traded for less than a penny. But by 2021, the Shiba Inu-themed coin found its place on several major cryptocurrency trading platforms. Eventually, the token won over the trust of numerous established investors who realized that it was not just a Ponzi scheme. As a result, the meme coin has surpassed many giant crypto coins, and this is why investing in Dogecoin right now could make you a millionaire-retiree.

Dogecoin is an open-source digital cryptocurrency and is widely supported by many wallets and exchanges. Despite its humorous nature, Dogecoin has the potential to be a viable financial opportunity.

>>>Buy DOGE Now<<<

So let us dig a bit deeper into some of the features that drive Dogecoin to become a millionaire-maker coin for investors.

1. Dogecoin: Significant Features

The cryptocurrency has several features that make it different from other meme coins. Since the transaction fees are practically zero, DOGE is mostly used for making payments. It is also used as a tipping coin for rewarding content creators on various social media platforms. Moreover, Dogecoin employs both public and private keys and allows users specific access to data on the blockchain.

Additionally, Dogecoin has an unlimited supply, unlike other cryptocurrencies. Therefore, rather than attempting to beat inflation, Dogecoin depends on it. That is, even if the values drop, DOGE coins can still be mined.

These newly mined coins will then replace the lost ones to maintain a steady supply of around 100 million active DOGE tokens. The mechanism works quite well for Dogecoin as the coin holders treat it more like fiat currencies. Therefore the meme cryptocurrency is widely accepted as a medium of exchange, boosting its adoption rate. This is one significant reason to buy DOGE right now when the token is trading at an affordable price.

One of many reasons to invest in Dogecoin to secure a millionaire-retiree future is its completely decentralized nature. The cryptocurrency also has more developer funds, making the Dogecoin market much healthier than other altcoins.

Yet another factor that makes Dogecoin an excellent long-term investment option is its active mining community. Although Dogecoin employs a Proof-of-Work consensus method like Bitcoin, it uses a unique hashing algorithm called Scrypt, which is less complex than SHA-256. Also, several Scrypt miners still prefer Dogecoin over other Scrypt PoW cryptocurrencies.

2. Dogecoin’s Vibrant Community

More than its technology, the Dogecoin community has been a driving force behind the success and popularity of this coin.

Data exposes that Dogecoin investment is community-based, and this is where its potential lies. For instance, the Dogecoin community instantly launched a fundraiser program to replace all the stolen coins from the hacking attack in 2013. With its continuous effort, the community managed to replace the funds by February 2014.

Furthermore, the ‘SaveDogemas’ campaign highlights people’s trust in the meme cryptocurrency, which is why you should invest in Dogecoin.

>>>Buy DOGE Now<<<

3. Dogecoin’s Massive Popularity Among Celebrities

The continuous endorsement from celebrities and millionaire investors is also pushing the value of Dogecoin. It all started with a series of tweets from Tesla CEO and billionaire Elon Musk, who has always been the strongest supporter of the coin, voicing his support through social media platforms. Musk has adopted Dogecoin like a pet project this year, continuously sharing doge memes on social media and announcing calls for developers to submit ideas for upgrades and improvements.

Further on July 25th, Musk gave the token yet another boost by tweeting a meme that promotes Dogecoin as a currency rather than just a form of investment. Along with Musk, several other celebrities hopped on to the bandwagon, boosting DOGE’s price to significant highs. For instance, the Dallas Mavericks owned by Mark Cuban announced that the team would be accepting Dogecoin as payment this year. Additionally, Rapper Snoop Dogg and rock band Kiss’ bassist Gene Simmons also raised their voice in support of DOGE via tweets, driving its prices up.

Mark said that “The point about Doge that people miss is that Doge’s imperfections and simplicity are some of its greatest strengths. You can only use it to do two things: spend it or HODL it. Both are easy to understand, and it’s cheap to buy. This makes it a community anyone can join and enjoy.”

With continuous support from celebrities, the asset could gradually gain wider acceptance, making Dogecoin a potential long-term investment option for investors.

4. Listing Of DOGE On Popular Exchanges

Another factor boosting the investability quotient of Dogecoin is its listing in multiple popular exchanges worldwide. Coinbase announced DOGE’s listing on their exchange earlier this year, driving its price to colossal heights.

Coinbase is one of the biggest crypto exchanges in the world, which is available in 100+ countries. Since DOGE is available on the exchange, it will boost the value of the cryptocurrency as millions of users will have access to buying the token, pumping up its price.

5. Investing In Dogecoin Could Be The Ticket To A Millionaire-Retiree Future

The founding partner at the Capital Markets Academy, Sam Onigbanjo, said Dogecoin is clearly on an uptrend this year. He added that “Dogecoin is driven based on trading fundamentals and events such as celebrity endorsements and acceptance in major corporations, both of these are clearly on the uptrend and are therefore very foreseeable in 2021.”

The vibrant online community on Reddit, Twitter, and other platforms has made DOGE the most popular cryptocurrency in 2021, even after the crypto market crashed.

Dogecoin’s price rise is thus based on its cultural value in the crypto space. The token has had an exciting journey with its fair share of ups and downs this year. Nevertheless, DOGE has evolved into a potential project and has even donated hundreds of thousands of dollars for various social causes. The Dogecoin community is growing fast, and investing in DOGE right now could allow you to retire as a millionaire.

Although it is a speculative investment that could hit the ground running and even soar up or remain stagnant, the token’s colossal rise in 2021 indicates a high ROI in the near future.

The Bottomline

2021 was the year several cryptocurrencies hit record heights. As a result, Dogecoin is also emerging as a potential investment opportunity. This is why investing in Dogecoin right now could make you a millionaire retiree. With the token’s unprecedented growth, experts believe that DOGE is here to stay for long. But being a successful investor means always choosing your options wisely. So analyze your risk appetite, your budget, and your future goals before making any investment decisions.

>>>Buy DOGE Now<<<

After following cryptocurrency news and forecasting, are you in the mood of considering investing in crypto? The year 2021 was the best year for the cryptocurrency market so far. Unlike 2017 where Bitcoin (BTC) and a few altcoins such as Ethereum (ETH) were the primary gainers, thousands of digital tokens including Dogecoin (DOGE) have returned more than 1000% for investors.

This is the primary reason why the word cryptocurrency brings 293,000,000 (293 million) results in 0.57 seconds.

Millions of people are asking the primary question, how do I get started with cryptocurrency? 

If you invest $100 in Dogecoin today and the value of DOGE continues to increase due to the bullishness around the cryptocurrency market, say up to $300, you stand the chance of making a profit of $200.

In investment terms, this is called capital gains from the portfolio ($300-$100) due to Dogecoin being a digital financial asset.

If traders and investors respond to unfavorable technical indicators as well as negative fundamental research and DOGE drops to let’s say $25 due to a huge sell-off, you stand a stance of making a loss of $75.

More importantly, in the world of investing and crypto finance investing for that matter, selling is the only way you can see profits or losses. If you want to learn more about the Dogecoin project and how you can invest in Dogecoin, we have highly researched articles to guide you in deciding on DOGE.

>>>Buy DOGE Now<<<

If You Invest $100 In Dogecoin Today, What Happens?

The price of Dogecoin (DOGE) has been soaring since the start of 2021. So, if you were to invest $100 in Dogecoin today, there is a huge chance that the crypto boom that has made many people millionaires could lead you to reach new milestones in terms of capital gains in the not-too-distant future.

At the time of writing, DOGE’s value has increased significantly, having returned 30,330.31%% from its launch as a crypto trading asset for fans who believed in the meme-inspired currency right from the start.

Such metrics have contributed to increasing the valuation of DOGE to more than $30 billion. With whispers about potential upgrades to Dogecoin’s blockchain to make it more scalable and perhaps trigger smart contracts, the value of DOGE is going to increase even higher. This will translate to relatively higher returns for traders and investors.

The year 2021 saw DOGE gain high-profile support from popular, well-established, and largest cryptocurrency exchanges by trading volume.

Although it took years and lots of lobbying by the Dogecoin Community and Shiba Inu dog fans, DOGE is now available for trading on Binance, eToro, OKEx, FTX, Huobi Global, Voyager, Coinbase, Gemini, Robinhood, Changelly, CoinTiger, Crypto.com, Webull, Mandala Exchange and Bittrex among others.

Aside from exchange listings, the valuation of the digital coin continues to benefit from support from high profile celebrities such as the self-proclaimed DogeFather, Elon Musk, Snoop Dogg, Mark Cuban, Kevin Jonas, Gene Simmons, Angela White, Mia Khalifa, Ben Phillips, Jake Paul, and Marques Brownlee among others.

With millions of followers among them, these celebrities continue to invest in DOGE and tell others to do the same.

DOGE is also supported in the form of a payment option on the part of NBA Franchise owner of the Dallas Mavericks Mark Cuban.

This is why the cryptocurrency continues to be involved in thousands of transactions daily. As of Tuesday, 19th October 2021, DOGE was involved in transactions worth $50 million in 24 hours.

It is therefore not surprising to see numerous analysts and experts across several highly reputable crypto forecasting portals predict a great future for Dogecoin (DOGE).

Experts at Wallet Investor estimate DOGE to trade for a coin at $0.441 by the end of 2022 while experts at Trading Beasts believe DOGE could settle at $0.2729 by the year’s end of 2022 for the short term.

In the medium term, Wallet Investor expects DOGE to settle at $0.650 by the close of 2023 while Trading Beasts foresees DOGE trade at $0.3010 on 31st December 2023.

In the long term, the experts at Wallet Investor estimate DOGE to trade for a coin at $2.674 on 17th October 2026.

This means that investing $100 in DOGE today could see you with more than 140% returns in the short term, 350% returns in the medium term, and 500% returns in the long term.

Just like millions of up-and-coming blockchain and decentralized finance enthusiasts, traders, as well as investors who have numerous questions, you are right to ask, can you really invest $100 in Dogecoin? Let us figure it out.

Can I Invest $100 In Dogecoin (DOGE)?

You can invest as little as $100 in Dogecoin (DOGE).

In fact, Dogecoin as part of cryptocurrencies can be considered as successful because it has the essential features of utility (medium of exchange) and divisibility.

Dogecoin can be divided into eight decimal points (0.00000001). This means that you do not have to buy a whole DOGE.

On the other hand, Dogecoin is trading at a relatively lesser price (less than 50 cents).

You can buy 637 coins worth a $100 investment.

If you decide to adhere to the principles of trading (trade with a capital you can afford to lose, follow your own strategy, and ride winners to death), when DOGE tests new price milestones such as $1, $10, and $100, you could be swimming in USD, Euros, or Great British Pounds.

But before you decide on investing in Dogecoin (DOGE) with $100 or any amount of money that you have set aside to risk on cryptocurrencies, let us discuss what Dogecoin is.

Through this, you will know if Dogecoin is a good investment and whether you should consider investing in Dogecoin with $100.

>>>Buy DOGE Now<<<

What Is Dogecoin?

Dogecoin is the most popular meme-inspired crypto project on the globe. Although it started as a joke, its native asset, DOGE, is one of the most popular and traded cryptocurrencies worldwide. Statistically, Dogecoin has recorded at least $500 million as daily trading volume at the time of writing this report.

In the new wave of joke currencies, it has only Shiba Inu (SHIB) to contest for the position of the most popular, best, and largest meme-inspired currency by market capitalization.

Founded by software developers Billy Markus and Jackson Palmer in 2013, Dogecoin comprises four (4) entities that have contributed to the success the project has enjoyed over the last eight (8) years. They are the Dogecoin Protocol, its native asset DOGE, Dogecoin Foundation, and the Dogecoin Community (they keep the intensity and promotion of the cryptocurrency going across the major social media channels).

After appearing on cryptocurrency exchanges on 1st January 2014, DOGE had an initial value of $0.0020. The digital token has moved on and reached new price milestones such as hitting a new all-time high of $0.7376 on Saturday, 8th May 2021.

To be able to have a great time investing in Dogecoin, you should know everything about the cryptocurrency from buying, selling, and holding (storing). Once you buy Dogecoin on an exchange, you store your holdings in a digital wallet that can be accessed through private keys.

Others do not believe in the cybersecurity system put in place by exchanges and other places of purchasing digital currencies and instead opt to hold their coins in private wallets.

No matter the option of storage you choose, all wallets can be accessed through private keys.

These keys can be set by you (in the case of storing Dogecoin through a cryptocurrency exchange or online financial systems such as Skrill).

On the other hand, if you choose to store your DOGE on Ledger, Trezor, Coinomi, Atomic, and Guarda among others, the wallets are going to generate random sets of names or digits that will facilitate your status as a holder of Dogecoins.

As a result, holding onto your private keys is a top priority.

On the centralized exchanges that list Dogecoin such as eToro, Coinbase, Voyager, Gemini, Binance, and Crypto.com among others, you could request a password (keys) change if you lose the old one. But how do you recover passwords from exchanges? After you input your email address, a link will be sent to the registered and earlier verified email, or pin codes will be sent to a verified contact number associated with the account.

This helps reset your password and regain access to your holdings.

Unfortunately, the same cannot be said for wallets. If you use a wallet provider to store your Dogecoin and other cryptocurrencies, kindly hold onto your private keys. This is because, without your passcodes, you wouldn’t regain accessibility to your account.

Like all crypto projects, the creation, trading, storage, and distribution of digital currencies of Dogecoin happens on a decentralized ledger system called a blockchain.

Payments are primarily facilitated through peer-to-peer (P2P) technology.

To maintain and upgrade the protocol to meet the standards of blockchain technology, Dogecoin primarily relies on its SCRYPT technology to solve its scalability problem.

What’s more, the Dogecoin Foundation continues to discuss possible upgrades to the network which can improve its scalability and interoperability.

This is the primary reason why Ethereum founder and Elon Musk adviser, Vitalik Buterin joined the Dogecoin Board to help fund, hire staff, and work on the Dogecoin project full-time.

Who knows, in the future, Dogecoin may branch into smart contracts and compete with Ethereum, Cardano, Solana, Tron, EOS, and Stellar Network for decentralized finance application developers and users?

To illustrate how Dogecoin works as an investment instrument, traders and investors who believed in the potential of the cryptocurrency right from the start of 2021 have made awesome gains.

More importantly, depending on the total sum of investments made as per the relatively lesser price of Dogecoin, your returns could be in the thousands or millions if you held onto your Dogecoin holdings and sold at the right time in May.

For instance, if you invested $100 when Dogecoin (DOGE) traded for cents in January, you purchased 21,362 coins ($100 divided by $0.004681). If you held onto the excess of 21,000 DOGEs when it reached its all-time high in May 2021, the value of your DOGE holdings would have been worth $15,757 at that time (a 15,657% increase on your $100 investment capital).

>>>Buy DOGE Now<<< 

What Makes Dogecoin So Valuable?

Dogecoin, like all cryptocurrencies, holds no intrinsic value.

As Michael J. Boyle of Investopedia puts it, “Intrinsic value is a measure of what an asset is worth. This measure is arrived at by means of an objective calculation or complex financial model, rather than using the current trading market price of that asset.”

With such a definition under perspective, Dogecoin thrives on its use as a transactional currency which falls under utility and medium of exchange as well as demand for the coin by investors.

As a result, the market value of DOGE increases as investors pour liquidity into the token and falls when investors sell off their DOGE holdings for other cryptocurrencies.

Because of its status as a cryptocurrency and a digital coin mired by several crypto scams, no government or central banks support its usage as a legal tender.

Remember that as of October 2021, there are physical representations of Dogecoin.

Yet, Dogecoin has been able to retain its spot as a top ten digital asset despite competition from new entries Solana (SOL) and Shiba Inu Coin (SHIB).

As a large-cap digital asset, Dogecoin is more valuable than some mainstream companies such as Apollo Global Management, People’s Insurance Company of China, Swisscom, UniCredit, Japan Post Holdings, Arista Networks, Mitsubishi Electric, and Deutsche Bank whose market capitalization is below $32 billion.

This is the primary reason why several stakeholders of the meme-inspired currency continue to pile pressure on the Dogecoin Foundation to improve the technology behind the blockchain. Because of the friendly nature of the token through its use in several humanitarian courses, many experts believe that Dogecoin’s provision of a quicker and cheaper payment system can transform global transactions effectively.

Although Dogecoin has been unfortunately associated with several crypto scams that netted hackers millions of dollars, it is still one of the most demanded cryptocurrencies in the world.

Through its accessibility on CoinFlip’s 1,800 ATMs across the United States and listing on Dallas Mavericks and CovCare as an option of payment, the continuous liquidity being poured on DOGE will reflect positively in its market valuation.

Therefore, as a novice investor with an eye on the long term, DOGE can bring you consistent passive income.

>>>Buy DOGE Now<<<

How To Invest $100 In Dogecoin

There are several ways through which you can invest $100 in Dogecoin. Based on speed, liquidity, fees, ease of use, range of payment methods, regulatory compliance, security, and reputation, we will recommend eToro as the exchange for investing $100 in DOGE.

Always buy Dogecoin and other cryptocurrencies from exchanges with high daily volumes. Such exchanges have millions of active users who are ready to respond to orders.

Although, the main thesis of this article is what might happen if you invest $100 in Dogecoin, there are no limits to the amount of money you can invest in DOGE.

Since an exchange such as eToro and others have set affordable minimum trading prices for cryptocurrencies, it is possible to start investing with $100.

Follow the steps below and you would be on your way towards putting your $100 into good use on centralized exchanges (CEX).

1. Register for an account with eToro (full name, contact number, email, and residential address).
2. Verify your account.
3. Deposit funds (using bank cards, direct bank transfer, or wallets from online payment services such as Neteller/PayPal/Skrill).
4. Buy coins from the Dogecoin page.

>>>Buy DOGE Now<<<

Will Investing $100 In Dogecoin Make You A Millionaire?

Investing $100 in Dogecoin can make you a millionaire only if you hold onto your DOGE investment for the long term and the price of DOGE rises to more than $2,000.

For understanding, let us use simple mathematics in our analysis of a $100 DOGE investment turning into a millionaire maker.

At $100, you can purchase 637 coins.

You could become a millionaire if DOGE trades for $2,500 in the future. Although there isn’t any fundamental or technical analysis-backed research to back up such a price forecast, Dogecoin has a huge following which can propel the cryptocurrency to such milestones.

At $2,500 and 637 coins in holdings, multiplication will provide the millionaire statistics.

$2,500 multiplied by (×) 637 totals $1,592,500 (1 million).

If DOGE tests $5,000, your $100 investment could turn to $3,185,000 (multi-millionaire).

Dogecoin continues to form a substantial part of the current crypto revolution called decentralized finance (DeFi). Although built on an independent blockchain, Wrapped Dogecoin (WDOGE) is an ERC20 token that can interact with DeFi protocols and applications on Ethereum.

Therefore, Dogecoin continues to gain mileage as Ethereum dominates the DeFi space.

Dogecoin is one of the highly volatile digital currencies on the market. With that said, DOGE has become too popular to trade in extinction zones, and it’s an asset that must be researched upon due to the massive returns it could add to your portfolio.

What To Consider When Investing $100 In Dogecoin?

When investing $100 in Dogecoin (DOGE), it would be in your interest to consider the following.

Virtual Currencies and Blockchain Technology Is a New Concept

Although Dogecoin is one of the pioneer cryptocurrency projects, 95% of the global population is not into cryptocurrencies. This is the primary reason why you shouldn’t think investing $100 in DOGE will result in overnight gains. No analyst foresaw the massive spike in prices of crypto in 2021, so invest in Dogecoin and other digital coins with caution.

Know the Actual Costs Involved

Investing $100 of your hard-earned money in Dogecoin only to lose some of your capital to depositing and transaction fees is heartbreaking. Find exchanges that meet your preferences in terms of fees. Does the exchange allow free deposits and low transaction fees? Once you ask this question, you will be able to tailor your search into finding an exchange that will allow you to use your $100 to buy a package of Dogecoin (DOGE).

Know Your Risk Tolerance

Can you afford to lose $100? Suppose the price of DOGE should drop to extinction zones, will you be able to survive after the loss of your capital? Dogecoin is currently trading at $0.1569 but continues to experience sharp spikes and recessions in its daily trading volume.

If you assess your risk tolerance and realize the rewards outweigh the risks, then you can carry on and invest $100 in Dogecoin (DOGE).

Do not follow feeds from social media and invest your life savings into crypto. As an e-learning organization, we continue to advise our clients about the need to invest an amount they can afford to lose.

>>>Buy DOGE Now<<<

Should You Invest In Dogecoin?

YES! Dogecoin is a digital asset worth investing in. Although it could have been a great idea to invest in Dogecoin much earlier, it is not too late to invest now since DOGE continues to trade below $1. This means you can buy more which can turn your $100 investment into thousands and millions of dollars.

Whatever happens, always ask the question, do the potential rewards of investing $100 in Dogecoin (DOGE) outweigh the possible consequences of the risks associated with investment?

Investing in DOGE has made several people millionaires. Who knows, you could be the next Dogecoin millionaire in the not-too-distant future.

>>>Buy DOGE Now<<<

The cryptocurrency market is currently overflowing, with more than thousands of altcoins and stablecoins being created every day. While many go unheard of, some assets have taken the crypto world by storm. Dogecoin is one such cryptocurrency that has been a star performer amongst the top-rated cryptos over the past few months.

Dogecoin is among the first meme tokens and was created as a joke by its founders Billy Markus and Jackson Palmer, back in 2013. Since then, it has thrived for various reasons, including its environmental impact and media presence.

With recent endorsements from celebrities (such as Tesla CEO Elon Musk), Dogecoin has transformed into a promising cryptocurrency from a token of little real-world importance. For this and many other reasons, Dogecoin is likely to explode.

>>>Buy DOGE Now<<<

Is DOGE All Set To Explode?

Though it was born as a joke coin, Dogecoin now enjoys several potentially bullish factors, making it difficult to dismiss it as an asset. Of course, the risk to investors remains high, as it does with all digital assets. Still, Dogecoin’s low energy costs, a potential for a shared security protocol with Bitcoin, and a measure of price stability are positive signs overall.

Though not directly measurable, Dogecoin also may benefit from the considerable goodwill of its two million-strong retail investor “fan base.”

Notably, Dogecoin differs from Bitcoin’s proof-of-work protocol in several ways, including the Scrypt technology. In addition, the altcoin boasts a block time of 1 minute, and the total supply is uncapped, which means that there is no limit to the number of Dogecoin that can be mined.

Mining Doge is also simple. Users can mine Dogecoin either solo or by joining a mining pool. A Doge miner can mine the digital currency on Windows, Mac, or Linux with a GPU. As of 2014, you can also mine Litecoin in the same process of mining Dogecoin, as the processes were merged.

Multiple factors make Dogecoin quite a good investment, especially at the current price.

>>>Buy DOGE Now<<<

Here are a few reasons why you should invest in Dogecoin right now:

1. Environment-friendly digital asset

Millions of people around the world love dogecoin for a good reason.

Among the young cryptocurrency enthusiasts, preserving the environment is commonly seen as a high priority. In light of that, the vastly lower amount of electricity required to mine and use Dogecoin compared to Bitcoin could boost its attractiveness as a crypto alternative. Dogecoin uses just 0.12 kilowatt-hours of electricity per transaction, compared to Bitcoin’s 707 kilowatt-hours.

Earlier, the nonprofit VeriBlock Foundation said it is working on a proof-of-proof blockchain technology that would reuse Bitcoin’s proof-of-work security for other cryptocurrencies, including Dogecoin. If deployed successfully, the technology could lower Bitcoin’s relative environmental costs and enhance the security of assets like Doge.

This could potentially help Bitcoin and Dogecoin develop a symbiosis rather than a direct rivalry, benefiting holders of both coins.

2. Solid community support

Doge enjoys immense community support, making it a must-buy cryptocurrency.

The main factor that has driven Dogecoin’s immense success is the community. Elon Musk, CEO of Tesla, and celebrities like Snoop Dog and Paris Hilton, have taken on to Dogecoin. These celebrities have millions of followers and have influential power over their users, paving the way for the coin’s popularity. Therefore, people who had zero ideas about cryptocurrencies like Dogecoin are now thinking of investing in them.

The joke crypto also boasts of a robust team. A cryptocurrency is as great as the developer team behind it. The more dynamic the core developer team is, the better it is to perform well in the long term. They can do enhancements that make the cryptocurrency more versatile to the changing business sector needs. They can likewise deal with issues like security, which is fundamental to the drawn-out development of any cryptocurrency.

Notably, the Dogecoin sub-Reddit has over 2.2 million ‘subshibers’ (Shiba Inu subscribers) on its page. Given the speculative nature of cryptocurrency, popularity alone is critical. As for a valuation, Dogecoin is worth a lot because others believe the token will increase in price.

The return DOGE has provided investors over the past year alone is a staggering 20,000%. Thanks to the community support and media hype, Doge is likely to explode, making now a good time to buy DOGE.

>>>Buy DOGE Now<<<

3. Inflationary advantage

Dogecoin has many advantages over Bitcoin, making it a stellar investment choice.

There is no limit on the total number of DOGE tokens that could be mined, unlike many other cryptocurrencies, including Bitcoin. As a result, a maximum of 5.26 billion additional Dogecoin tokens can be mined per year.

With over 132 billion coins already in circulation, this capped mining rate ensures Dogecoin’s inflation rate will decline steadily over time while still providing an incentive to continue mining it.

By 2021, experts predicted the number of DOGE coins in circulation to rise by 4.1%, but only 3.9% in 2022. Dogecoin inflation will be 3.5% in 2025, 3.0% by 2030, 2.3% by 2040, and 1.9% by 2048. Given the attrition from lost Dogecoin wallets, the coin could theoretically become deflationary at some point if those losses exceed the ever-shrinking inflation provided via mining.

In short, while Dogecoin is theoretically “infinitely inflationary,” its predictably declining, mathematically inevitable inflation rate potentially gives it more a stable value than national currencies.

The entire concept behind crypto was to supplant fiat with decentralized money. Bitcoin, the first crypto, fizzled on this front. Its purpose is currently shifted towards being a store of significant worth. The reason why Bitcoin and others are falling flat on this front is that they are deflationary.

There are various reasons why deflationary currencies (such as Bitcoin) may never function as currencies. But Dogecoin’s inflationary nature makes it one of the best cryptos of the long run. So investing in Doge now could help you generate massive returns in the future.

>>>Buy DOGE Now<<<

Why Dogecoin Is Going To Explode: The Bottom Line

Where cryptocurrency positions in market capitalization rankings matter. It makes crypto appealing to new investors hoping to wager available. Today, Dogecoin is an elite-level cryptocurrency that has attracted investors and fans from all over the world.

Anybody getting into the market today needs to treat Dogecoin seriously. Not only will this likely extend its liquidity, but it will likewise drive up its value force going into what is to come. This in itself is an excellent reason to hold Dogecoin today, expecting more gains over the long run. Keeping these factors in mind, it is safe to say that Dogecoin is likely to explode.

However, remember that Doge is volatile, similar to other cryptocurrencies. People investing in cryptocurrencies should not put any money into Dogecoin that they are not prepared to lose.

>>>Buy DOGE Now<<<

Ethereum is the largest smart contracts platform in the market. To understand how big Ethereum is, consider that most of the tokens in the market today are ERC-20 tokens.

If you have been looking to invest in Ethereum but are unsure whether it is a good investment, then you have come to the right place. Here, we will give you a detailed answer to the question, is Ethereum a good investment in 2023?

To answer this question, we look at how Ethereum has performed over the years. We also give you a hint on the best cryptocurrency broker where to invest in Ethereum today.

>>>Buy Ethereum Now<<<

Is Ethereum a Good Investment? An Overview

When it comes to whether Ethereum is a good cryptocurrency investment, it is essential to consider several different factors. One such factor is Ethereum’s performance over time, which can provide insight into how ETH may perform in the future.

It is also essential to look at the real-world uses of Ethereum to assess how its value may change over time. For example, the growing adoption of decentralized applications has made ETH an attractive option for various industries and companies.

Overall, considering all of these factors together provides valuable insight into whether or not Ethereum is an excellent cryptocurrency to buy in 2023 or not. While there are no guarantees when it comes to investing, by doing your research and considering all potential risks and rewards, you can be better equipped to make smart investment decisions regarding Ethereum and other cryptocurrencies.

While there are many different blockchain networks, Ethereum is widely regarded as one of the most advanced and well-established options. Not only does Ethereum allow for easy cryptocurrency payments, but it is also perfect for developing smart contracts and distributed applications.

Ethereum is currently leading the way in developing smart contracts, making it the blockchain network of choice for top NFTs and some of the best DeFi tokens in the market.

But with that said, is Ethereum a good cryptocurrency investment in 2023?

The answer is yes. Ethereum is one of the most highly regarded and widely used blockchain platforms. Not only is Ethereum widely adopted, but it can also adapt to the growing demand. This makes it a truly robust network that can stand the test of time.

Ethereum’s ability to adapt to growing demand is evident in the recent shift to Ethereum 2.0. This new version of the platform represents a major step forward in terms of scalability and speed, allowing more transactions per second than ever before while minimizing fees and latency.

With these enhancements, Ethereum is set to continue providing an unparalleled level of utility for users worldwide well into the future. Whether you’re trading ETH on exchanges or building blockchain applications, Ethereum is a solid choice for anyone looking for long-term value and flexibility in their cryptocurrency portfolio.

Ethereum Price Performance from ICO to 2022

Before you buy a cryptocurrency, it is essential to look at its past price action. This will give you an idea of how its price moves and give you an idea of whether it is a good investment going into the future. On this front, Ethereum is a pretty good cryptocurrency to invest in in 2023.

Ethereum entered the market in July 2015, trading at $0.75. After multiple highs and lows after launch, Ethereum hit an all-time high of $1360 in January 2018. However, it collapsed in the bear market that followed and, by the end of 2018, was trading at under $100.

However, after the cryptocurrency market gained upside momentum in 2020, Ethereum rallied again and made new highs of $4800 by November 2021. That’s an incredible price increase of more than 600,000% since Ethereum started trading in 2015.

The 2022 cryptocurrency bear market has not spared Ethereum, though, and ETH has dropped to around $1200. Despite this price drop, anyone who invested in Ethereum at ICO is still in big profit even at current prices.

Ethereum Price Analysis

As we have mentioned above, anyone who invested in Ethereum in 2015 is still in significant gains despite the current bear market. It is also noteworthy that despite the price drop, Ethereum has held firmly above $1100 for the better part of the bear market. This means Ethereum remains one of the most popular cryptocurrencies to buy today.

At the moment, Ethereum continues to take a hit from the bear market, just like the rest of the financial markets. The ongoing war in Ukraine and the surging inflation globally have hit Ethereum and all other financial markets. However, as these factors continually get priced into the market, Ethereum could turn green in 2023.

Ethereum Price Highs and Lows

Up to this point, you have a good idea of how Ethereum has performed from 2015 to 2022. Let’s now summarize Ethereum’s price action from inception to date.

• 2015 – Ethereum enters the market at $0.75
• October 2015 – A highly volatile ETH tests a low of $0.42
• January 2018 – Ethereum hits a high of $1360
• November 2021 – Ethereum hit a high of $4800
• September 2022 – Ethereum drops to the $1200 level after months in the red.

From Ethereum’s historical cycles, it is clear that despite its many highs and lows, Ethereum always goes up over time. That said, it is essential to understand that cryptocurrencies are volatile and carry a significant risk.

Ethereum Price Prediction 2023

Before you proceed, please note that whether Ethereum is a good investment is speculative. No one can tell the future. That said, solid technical analysis can give you reasonable guesses on where Ethereum could go in the future.

If past cycles are anything to go by, there is a good chance that Ethereum will go up in the future. Long-term price predictions vary, but some analysts expect Ethereum to test $3000 by the end of 2023 and $10,000 by 2025.

Overall the consensus Ethereum price prediction for 2023 to 2025 is anywhere between $3000 and $15000.

>>>Buy Ethereum Now<<<

Is Ethereum a Good Investment?

Ethereum is one of the most popular and well-respected cryptocurrencies on the market today. It was one of the first blockchain platforms to gain widespread recognition, and as such, it enjoys a distinct advantage in terms of market share. This early mover advantage means that people looking to invest in cryptocurrencies are likely to turn first to Ethereum. That’s despite many competitors entering the scene.

Furthermore, as smart contracts become a more integral part of our online lives, Ethereum will likely continue to be the dominant platform for developers looking to create innovative new products. Whether talking about banks scrutinizing transactions or web users storing personal data, Ethereum is sure to play a key role in shaping our digital future.

Regarding the utility of cryptocurrencies, Ethereum consistently comes out on top. This is partly because Ethereum has a much broader range of applications than Bitcoin. While Bitcoin is still the most popular and widely-used cryptocurrency, many developers are flocking to Ethereum for its superior technology, flexibility, and compatibility with other blockchains. Whether you want to use it for decentralized finance, gaming, or even blockchain solutions for business, the versatility of Ethereum makes it an ideal choice.

To give you an idea of how big a deal Ethereum is, consider some of its use cases below:

• Developers can use Ethereum smart contracts to raise funds.
• Ethereum is used in play-2-earn gaming to develop NFT in-game assets that can be traded for crypto and fiat.
• Ethereum is used in launching decentralized exchanges and other DeFi projects.

The best part is that Ethereum is set to fulfill these roles even better now that the merge is complete. After the Merge, Ethereum now runs as a Proof-of-Stake chain that scales better and is 99% less harmful to the environment than pre-merge Ethereum. The scalability aspect of Ethereum 2.0 is a big deal because part of the reason Ethereum was heavily criticized in the past was its inability to scale. This led to the emergence of many “Ethereum Killers” that capitalized on Ethereum scaling issues as a selling point.

>>>Buy Ethereum Now<<<

Where to Buy Ethereum

To buy Ethereum, you need to find a credible cryptocurrency exchange. It would help if you also had an excellent wallet where to store your Ethereum once you buy.

eToro – Top Platform to Buy Ethereum in 2023

For over a decade, eToro has built a reputation as one of the best brokers in the market. eToro has more than 20 million users globally. These users trust eToro because it is a regulated broker. eToro is regulated in multiple jurisdictions, including the UK, the US, Australia, and Cyprus.

Traders also love eToro because it has multiple ways to deposit and withdraw money. From wire transfers and card payments to multiple e-wallets, you are spoilt for choice when using eToro.

eToro also offers investors the option to invest tiny amounts as low as $50. This means even new cryptocurrency investors looking to test the waters in the market have the chance to do so with eToro.

Besides, eToro can easily be accessed with your phone. As such, when you buy cryptocurrencies with eToro, you can always keep tabs on your portfolio from anywhere and rebalance it as the need arises.

>>>Buy Ethereum Now<<<

Should I Invest In Ethereum Today?

If you are still unsure whether to invest in Ethereum, here are a few reasons why you might consider investing.

• Ethereum is a cryptocurrency blue-chip, second only to Bitcoin in market capitalization.
• Ethereum has multiple use cases and dominates the smart contracts market, with most tokens launching through this blockchain.
• Ethereum recently solved the scalability problem that has plagued it for years by transitioning to Eth 2.0.

Now with all these benefits, imagine that with eToro, you can invest as low as $10 in Ethereum. Interesting, right?

>>>Buy Ethereum Now<<<

Conclusion

This article has shed light on Ethereum and clarified the commonly asked question, “Is Ethereum a good investment in 2023?” Due to its multiple use cases, a recent upgrade to Eth 2.0, and Ethereum trading at a massive discount, it could be a promising cryptocurrency to invest in in 2023.

That said, you can consider many other cryptocurrencies going into 2023. It would be best to focus on the low-cap cryptocurrencies yet to make it to the large exchanges for maximum returns. As hype builds up around them, they could give investors superior returns.

FAQs

Is Ethereum a good buy?

Ethereum is one of the best-known cryptocurrencies on the market today. It also has many growth prospects, so it is an excellent cryptocurrency to buy in 2023.

What will be Ethereum’s price in 2023?

While no one can predict prices with certainty, most analysts predict that Ethereum could reach $3000 in 2023.

Will Ethereum ever make new all-time highs?

If history is anything to go by, Ethereum could make new highs in 2024 or 2025.

>>>Buy Ethereum Now<<<

Cardano is one of the most visible Ethereum competitors in the market today. It prides itself in being one of the most decentralized Proof-of-Stake cryptocurrencies that are also highly scalable and have low fees.

In this article, we seek to answer the question, is Cardano a good investment? To do so, we will look at the price action over the years and review the best broker where to buy Cardano and other cryptocurrencies.

Is Cardano a good investment? An Overview

With the high volatility in the cryptocurrency market, it is pretty natural to wonder, is Cardano a smart investment? From the information we will give you in this article, you should be in a position to decide whether Cardano is a worthy cryptocurrency to buy in 2023.

Cardano is a revolutionary new blockchain platform created in 2015 by Charles Hoskinson, one of the co-founders of Ethereum. It officially hit the market in 2017, intending to become a premier destination for developers looking to create decentralized applications and smart contracts.

Cardano uses an innovative consensus protocol called Ouroboros, which uses a proof-of-stake algorithm rather than a proof-of-work system like Bitcoin. This promises to provide greater security and efficiency than more traditional blockchain technologies. Overall, Cardano is shaping up to be an enormously powerful and convenient tool for developing next-generation decentralized applications and systems.

But despite its powerful features, Cardano has taken a hit in 2022. This leads to the question, is Cardano a smart cryptocurrency investment in 2023?

Cardano’s key selling point is that it can scale without compromising on decentralization. This is something that most platform blockchains in the market today have been unable to achieve. Cardano is also highly energy efficient, a big deal given that today, the world is seeking a way to deal with what is increasingly becoming a climate crisis.

>>>Buy Cardano Now<<<

Cardano price performance from launch to date

Before you invest in cryptocurrency, it is essential to analyze its price action over the years. This can give you an idea of where it stands relative to its history and potential value growth going into the future.

Cardano entered the market in October 2017, just when the cryptocurrency bull market was gaining momentum. At the time, Cardano was trading at $0.025. By December 2017, at the height of cryptocurrency FOMO, Cardano had hit a high of $1.18.

However, following the cryptocurrency bear market of 2018, Cardano crashed like the rest of the market. By the end of 2018, Cardano was trading at $0.04.

Cardano then lost most of its trading volumes and flatlined for the better part of 2019. Its price only came back to life in 2020 when the rest of the market started gaining upside momentum. This momentum accelerated in 2021, and in September 2021, Cardano made an all-time high of $2.96.

But with the rest of the cryptocurrency market entering a bear market in December 2021, Cardano’s price started to drop and has been in decline for the better part of 2022. Cardano is currently trading at $0.35, a more than 80% drop from its all-time highs.

Despite the drop, anyone who bought when it first entered the market in 2017 is still in profit.

Cardano Price

If you had decided to invest in Cardano between 2017 and 2018, you would have paid anywhere between $0.04 and $1.18. While Cardano has been highly volatile since then, there have been many instances when Cardano has given early investors parabolic returns on investments.

The best part is that even with all the volatility in price, Cardano has made tremendous progress in terms of technical development. For instance, in 2021, Cardano introduced smart contracts, and adoption is on the rise.

However, like the rest of the financial markets, Cardano has taken a hit due to the surging inflation, rising interest rates, and the war in Ukraine that has disrupted the world economy. In 2022 alone, Cardano has lost more than 50% of its value.

Cardano Highs and Lows

Up to this point, we have looked at Cardano’s price from when it hit the market. This should give you an idea of whether Cardano is a good cryptocurrency investment.

Just to help you make even better decisions, let’s summarize Cardano’s price performance over the years.

• Cardano enters the market in October 2017 – $0.025
• December 2017 – Cardano makes a new high of $1.18
• December 2018 – Following the crypto bear market, Cardano drops to $0.04
• September 2021 – Cardano makes an all-time high of $2.96
• October 2022 – With markets crashing, Cardano drops to $0.35

From its bull and bear cycles over the years, you have a clear idea of how volatile Cardano is, and can decide if it’s a good cryptocurrency investment for 2023.

Cardano Price Prediction

While the predictions in this article can give you an idea of whether Cardano is a good cryptocurrency investment for 2023, it is essential to note that it is speculative. It is based on technical and fundamental analysis, and as they say in finance, past performance is not necessarily an indicator of future performance.

That said, most analysts are optimistic about Cardano going into the future. If the broader cryptocurrency market turns bullish in 2023, analysts expect Cardano to end 2023 anywhere between $1.50 and $2. In the long term, analysts anticipate that Cardano could test $10 by the end of 2025.

This means between 2023 and 2025, Cardano could trade between $1.5 and $10.

>>>Buy Cardano Now<<<

Cardano Utility Value – Is it a good investment?

Cardano is one of the few Ethereum competitors that have solved the blockchain trilemma of decentralization, scalability, and security. This could see it gain favor with developers as more people seek out scalable blockchain solutions.

Thanks to its scalability and security, Cardano has several use cases that could help it grow in value over time.

Below are some of Cardano’s use cases that could impact its value going into the future.

• Cardano can be used to create all kinds of decentralized applications – from DeFi to NFTs.
• Cardano is secure and has low transaction fees. This makes it perfect for use as a currency.
• Cardano’s formal verification of processes makes it a perfect blockchain for sensitive applications where errors in the smart contract can have severe consequences.

Since Cardano introduced smart contracts, the number of projects building on it has shot up, including a Metaverse project. This is a good pointer to Cardano’s potential adoption and value growth going into the future.

>>>Buy Cardano Now<<<

Where to Buy Cardano

If you believe Cardano is a good investment and would like to buy it, the next thing to consider is where to buy. You need to buy Cardano at a trustworthy cryptocurrency exchange. Otherwise, you could end up losing your money to scammers. It would help if you also considered finding a strong cryptocurrency wallet that helps you keep your Cardano tokens away from scammers.

eToro – Best Broker to Invest in Cardano

eToro has been one of the best-rated brokers for over a decade now. Today, more than 20 million people use eToro, and the numbers are growing. This indicates that traders believe that this top cryptocurrency broker has their best interests at heart.

There are many reasons why you should consider eToro, too. One thing that makes eToro attractive is the regulations around it. Most cryptocurrency exchanges are unregulated, so there is always the risk that they could fold with all your money, and you have little recourse. That’s not the case with eToro. eToro is regulated by some of the most important regulators in the world, such as the SEC. This is a confidence boost that eToro will never disappear mysteriously and leave you in losses.

eToro is also loved because it makes depositing and withdrawing money easy for investors. With eToro, you can go the old way and do a wire transfer or a debit card transfer. You can also choose the easy way and deposit using the many e-wallet options it offers, including big ones like PayPal and Skrill.

eToro is also known for being very friendly to small investors. Traders can deposit as low as $50 and buy cryptocurrencies for as low as $10. This also makes eToro perfect for those new to cryptocurrencies who want to test the waters with a small amount.

The best part is that when you buy cryptocurrencies with eToro, you can access them anywhere. That’s because eToro can easily be accessed via your phone. This means if you buy Cardano with eToro, you can always monitor its price movements in real-time and make a profit at the most reasonable time. If you are a long-term investor and want to buy Cardano in 2023 but hold it long-term, you can always use the eToro Money Wallet. It is safe and easy to access for all levels of traders.

>>>Buy Cardano Now<<<

Should I Buy Cardano?

Up to this point, it is clear that Cardano presents multiple benefits to investors. However, you are probably still wondering, is Cardano a good cryptocurrency investment in 2023?

If you are still in doubt, let’s summarize why you should consider investing in Cardano.

• Cardano has one of the most advanced Proof-of-Work algorithms that makes it strong on security and decentralization. This makes it hugely attractive to Dapps developers going into 2023 and for many years to come.
• Cardano transactions are cheap and fast. This makes Cardano perfect for use as a cryptocurrency for regular payments.
• The Cardano team is constantly working on its capabilities, and that’s good for adoption and long-term value growth.
• Cardano is currently trading at a discount of over 70% from its most recent highs.

With all these factors in its favor, the odds are that Cardano is a good cryptocurrency investment in 2023. It has the right fundamentals, and with eToro, you can risk as low as $10 on Cardano.

>>>Buy Cardano Now<<<

Conclusion

This article answers the question, “Is Cardano a good investment in 2023?” In our analysis, we have highlighted that Cardano uses an advanced Proof-of-Stake algorithm and has a growing Dapps ecosystem. Both factors make Cardano an excellent cryptocurrency to buy.

FAQs

Is it wise to invest in Cardano?

Yes, Cardano is one of the most fundamentally strong cryptocurrencies in the market today. The fact that it is trading at a considerable discount makes it an excellent cryptocurrency to buy in 2023.

What will be Cardano’s price in 2023?

While no one can tell with certainty, analysts expect Cardano to trade anywhere between $1.5 and $2 in 2023.

Is Cardano a safe cryptocurrency?

Yes. Cardano has a strong team and a growing community. This makes it one of the safest cryptocurrencies on the market today.

>>>Buy Cardano Now<<<