Dogecoin has seen a 150% increase in value over the previous month, with notable gains occurring in the last week. There are now expectations that the meme coin will soon reach its all-time high (ATH) once more due to its rising trajectory.
ATH for Dogecoin was $0.7376, which was reached on May 8, 2021. It's being compared by analysts to XRP's recent surge above $1, which started at $0.50 and has already driven the price of XRP around $1.90. Because of this, there is conjecture that Dogecoin may follow in XRP's bullish footsteps.
I just thought that I would show my Dogecoin again!
Written around the edge of the silver round is
Which reminds me:
Suppose that you start with A. Then you should be willing to trade A for C and then C for B. But then, once you have B, you are offered a trade back to A for a small cost. Since you prefer A to B, you pay the small sum to trade from B to A. But now you have been turned into a money pump. You are back to the alternative you started with but with less money.
Every cryptocurrency is a highly speculative and volatile investment. But cryptocurrency is here to stay?
Reference
https://ripple.com/xrp/
https://coinmarketcap.com/currencies/dogecoin/
https://dailypriceaction.com/blog/determine-profit-targets-like-pro-using-measured-objectives/
https://www.cambridge.org/core/elements/moneypump-arguments/1515273BD710F308151F5BEC3695FEE6
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