This is a meme coin but let me tell you that this is not an ordinary meme coin where the value is low because this is the coin that has been sponsored by Tesla's founder. We know that whatever he talks about gets people's attention and that is why value appreciation also happens so it's like if he touches on any project then it's obvious that a lot of people will follow and that will bring more price increases for the project coin.
This is one of the coins that he talks about quite often and in the last market cycle, we have seen how things worked and even now we have seen things going up which is good. Looks like the Dodge coin is going to make half a dollar soon but again this is not financial advice because we don't know how things will be.
If you are an investor in this coin then I think you must be happy because in recent days the coin has shown significant growth in its price and looks like half a dollar is not far away if you look at the overall price chart and its momentum in the market.
I generally stay away from the meme coins because these are the projects where we don't find any fundamental value but sometimes because of the community interest even those meme coins get a better value in the market so I have put in some very small amount. This is just an experience or you can say an experiment that I have done with this and if the coin price goes to half a dollar then I will take an exit because I would not wait further to see how it performs.
Again there are so many coins available in the market and Bitcoin is the leading one which is considered the safest investment in crypto to be honest, there is nothing safe in this world but is still Bitcoin is the best option out of all other options available over there. Still following the diversification approach it is good to put some money on different coins to see how they perform and if it does well then surely you will see great value appreciation on a portfolio.
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