Dogecoin (DOGE), created as a joke cryptocurrency in 2013, continues to attract attention thanks to its active online community and the support of influential figures such as Elon Musk.
In terms of fundamental factors, Dogecoin features low transaction costs and high transaction speeds.
While Dogecoin continues to command attention thanks to its community, its dependence on social media sentiment makes the asset a high-risk asset for serious investors.
Overall, Dogecoin is attractive for short-term speculation, but investors should be aware of high volatility and a possible decline in interest in the future. $DOGE
