Future of Dogecoin
Derided by many pundits as a joke digital coin with no real path to gaining stable value, yet defended stoutly by its legion of retail investor fans, Dogecoin has followed a roller-coaster pattern of massive price surges and dizzying plunges over the past few months. The coin with its Shiba Inu mascot image, however, has slowly gained some traction as a medium of exchange. Recently, Jenny Ta, founder of crypto-commerce site CoinLinked, asserted that its market cap could reach $1 trillion, indicating Dogecoin might eventually trade for $7 to $8.
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