Could Dogecoin Be the Next Bitcoin?
Like traditional markets, the cryptocurrency space has its own hierarchy of assets. At the top of the pyramid sits Bitcoin (CRYPTO: BTC) -- often referred to as digital gold. Over the past decade, Bitcoin has not only gained mainstream recognition but also institutional adoption, cementing its role as the most dominant cryptocurrency in existence.
Naturally, Bitcoin's rise has fueled curiosity among investors eager to discover the next breakout token. One digital asset that consistently sparks debate is Dogecoin (CRYPTO: DOGE).
Much like Bitcoin in its early days, Dogecoin trades at a fraction of just one dollar. For many retail investors, this "low" entry price creates the perception of untapped upside -- the idea that Dogecoin could someday follow a similar trajectory to Bitcoin and deliver exponential returns.
Source Fool.com
