Where Will Dogecoin Be in 1 Year?
As cryptocurrency has emerged a popular alternative asset class in recent years, Bitcoin and Ethereum remain two of the most mainstream digital tokens. But some investors have taken a liking to more-speculative opportunities.
Take Dogecoin (CRYPTO: DOGE) as an example. Over the last year, its price has risen 18.5% as of March 17. That may seem impressive, but consider that its price had gained as much as 228% over the last 12 months, only to crater by roughly 58% during the last three months.
Clearly Dogecoin has demonstrated some extreme volatility. But with prices starting to cool, could now be a good time to take advantage of its depressed price action?
Source Fool.com
