Can Dogecoin Hit $1 in 2022?
For more than a century, the stock market has been a money machine for Wall Street and investors. But in recent years, brand-name cryptocurrencies have lapped the returns of the major stock market indexes many times over. In fact, between the March 2020 low and the end of 2021, the aggregate value of digital currencies increased more than 14-fold, compared to a slightly better than 100% gain for the S&P 500.
Although most folks tend to focus on the blue chip digital currencies, like Bitcoin and Ethereum, it's meme coin Dogecoin (CRYPTO: DOGE) that's been the apple of investors' eyes for more than a year.
Shiba Inu-themed coins were on fire in 2021. Image source: Getty Images.
Source Fool.com
