Should You Buy Dogecoin While It's Under $1?
With less than one month remaining in 2024, the S&P 500 stock market index is sitting on a gain of 29%. That's nearly triple its average annual gain going back to when it was established in 1957.
However, the cryptocurrency market is trouncing the stock market right now, thanks in part to President-elect Donald Trump's election win on Nov. 5. Crypto industry leaders and meme tokens alike are rocketing higher, and there's no telling when the momentum will fizzle.
Bitcoin is up 120% year to date, but Dogecoin (CRYPTO: DOGE) is the standout performer with a gain of 375%. Dogecoin currently trades at $0.44 per token, but some crypto analysts think it could more than double from here to reach $1.
Source Fool.com
