Dogecoin is still the most popular meme coin and one of the most valuable cryptocurrencies in terms of market value. With almost four million token holders and a peak price of more than $80 billion, there is certainly a market hunger for Dogecoin.

Dogecoin is a wonderful option if you’re looking for an altcoin with the potential to skyrocket in value. With its low price and rising popularity, now is an excellent moment to invest in Dogecoin.

Dogecoin is beneficial to both short-term and long-term investors. Those purchasing Dogecoin in 2014, for example, would have paid slightly more than $0.0002 per token. Those who held on to their Dogecoin until May 2021 would have seen gains of about 370,000%. This indicates that for every $100 invested, the portfolio would have been valued $370,000.

Even in today’s market, Dogecoin is worth about 13,000% more than it was in 2014. These data indicate that Dogecoin is a good long-term investment. Dogecoin, on the other hand, had a market capitalization of only $10 million in 2014. As a result, those joining the market at this price point had a lot of room to grow. Given that Dogecoin is currently worth $10 billion, the long-term upside is far more constrained.