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Should You Buy Dogecoin While It's Under $1?

TheMotleyFool

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Should You Buy Dogecoin While It's Under $1?:

Bitcoin deservedly gets a lot of attention, as it's the oldest and most valuable cryptocurrency. But it's hard to believe that Dogecoin (CRYPTO: DOGE), which was launched in 2013, also has a long history in the industry. The dog-inspired blockchain network has had a wild journey, but it sports a market cap of more than $36 billion (as of Sept. 9).

As of Sept. 9, this meme coin trades 67% below its peak, which was established in 2021. The token's price is currently $0.24. Should you buy Dogecoin while it's under $1?

Image source: Getty Images.

Source Fool.com

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