After a sharp decline in the recent past following the general crypto market plunge, Dogecoin has shown signs of correcting after a tweet from Elon Musk asking MacDonald’s to start accepting DOGE went viral and made the meme coin turn green.
To help investors and traders who are eyeing the DOGE coin, Invezz has created a brief article to help with identifying the best places to buy it.
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Best places to buy DOGE coin
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What is Dogecoin (DOGE)?
Dogecoin (DOGE) is a meme coin based on the popular “Doge” internet meme that was created from a Shiba Inu dog.
The coin was created in 2013 as a hard fork of Litecoin.
Its creators envisioned it as a fun cryptocurrency that would capture the interest of the majority of fun-loving crypto traders.
Elon Musk has posted several posts about the coin that have played a key role in pumping the price of the coin. The latest news from Elon Musk was his tweet asking MacDonald’s to start accepting DOGE as payment.
Should I buy the DOGE today?
If you are looking to invest in a meme coin that has shown great prospects of rising, then the DOE could be a good choice.
Nevertheless, you should be aware of the fact that buying the cryptocurrency market is extremely volatile.
Dogecoin price prediction
Crypto investors are still bullish on Dogecoin especially since Tesla started accepting DOGE as payment. They expect the DOGE coin to at least trade above $0.3 before the end of the first quarter of 2022.
$DOGE social media coverage
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