The most popular meme coin Dogecoin 2024
We have talked about Dogecoin more than once on the site, and this is because it is the most famous meme currency of all time. The world of memes began with this currency that billionaire Elon Musk tweeted in 2020.
To date, Dogecoin is still the largest meme coin in terms of market capitalization. It is the No. 10 currency in the market and its value is $22 billion. Some expect Dogecoin to reach $1 this year. This means an increase of about 6 times its current price, and this expectation may be somewhat logical.
But for this to happen, something must happen that encourages people to invest in this currency. Recently, we learned that there is an intention to launch investment funds in the United States for digital currencies other than Bitcoin and Ethereum, and one of these currencies is Dogecoin, and therefore this could be one of the factors in increasing the price.
Also, many people expect that Elon Musk will allow payment on the X platform via Dogecoin. This will definitely push the price of the coin higher if it happens
