Are you looking to invest in Dogecoin but don’t know where to start? If so, you have come to the right place. Cryptocurrency assets come with a lot of risk. However, it’s also growing in popularity amongst investors.
The crypto market is crowding up quickly. But, Dogecoin has turned a fun joke into an actual investment opportunity. Take a glance at its thriving community and you will understand why.
Why Should You Invest in Dogecoin?
Dogecoin investing is community-based and that’s exactly where its potential lies. For example, disaster struck just weeks after its original release in 2013. On December 25th, a hacker stole 21 million DOGE, which was worth $12,000.
The community stepped in immediately, and started a fundraiser to replace the stolen coins. February of 2014, the community completely replaced the funds.
This type of generosity is constantly on display. It’s another reason why so many people want to learn how to invest in Dogecoin in the first place. It’s much friendlier than most crypto communities out there.
Yet, Dogecoin began as a joke. A man by the name of Jackson Palmer took the likeness of an internet meme and turned it into a digital currency.
Most people remember the Shiba Inu dog meme