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Known as the token behind "the accidental crypto movement," dogecoin started as a joke, evolved into a trendy meme coin and now enjoys the status of one of the world's most popular digital assets.
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Dogecoin still hasn't reclaimed its 2021 high, and just 2,503 merchants accept Dogecoin as payment worldwide (according to Cryptwerk), so the meme token isn't ticking either of those boxes.
Meme token Dogecoin (CRYPTO: DOGE), for example, was sitting on an incredible year-to-date return of 414% until last Wednesday, but it has plunged by 31% in the week since. Dogecoin is heading ...
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Dogecoin currently has a market cap of $18.5 billion, but that figure would need to soar to $154 billion (assuming its supply remains constant) for its price to hit $1.