Better Buy: Dogecoin vs. Terra Classic vs. Terra (LUNA)?
Despite losing nearly 70% of its aggregate value over the past seven months, the crypto market has run circles around the stock market in recent years. Since the March 2020 pandemic lows, the benchmark S&P 500 has increased by 70% through June 14, 2022. By comparison, the total value of all digital currencies is higher by 562% in the same time frame.
However, not all cryptocurrencies are poised to be winners over the long term. History has pretty consistently shown that even the hottest next-big-thing investments have companies or securities that get left in the dust.
At the moment, there are three ultra-popular cryptocurrencies that have been decimated over the past couple of months: meme coin Dogecoin (CRYPTO: DOGE), the newly rebranded Terra Classic (CRYPTO: LUNC), and the "new" Terra (CRYPTO: LUNA). The prevailing question is: Which, if any, of these extremely popular coins is the best buy?
Source Fool.com
