Dogecoin: Stage 3 Of A Massive Bubble

May 19, 2021 4:25 PM ETDogecoin USD (DOGE-USD)95 Comments
The Asian Investor profile picture
The Asian Investor


  • After a 12,000% increase in price, it can only be warned against buying Dogecoin.
  • Dogecoin has no inherent value and produces nothing and has a market capitalization larger than Ford.
  • This is stage three of a bubble, and the value of dogecoin will eventually fall back to zero.

Photo by Adrian Black/iStock Editorial via Getty Images

Dogecoin (DOGE-USD) is a meme cryptocurrency with no inherent value, and the market capitalization is not sustainable.

Once the hype and euphoria surrounding the cryptocurrency fizzle out, a lot of people will

This article was written by

The Asian Investor profile picture
I look for high-risk, high-reward situations. Five largest portfolio holdings: AMD, Micron, Alibaba, Ethereum, PayPal. Early buyer of cryptocurrencies. I live in Thailand :)

Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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