2 Reasons to Sell Dogecoin - NewsBreak

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By Alvarez in Business
Updated 3 years ago

Cryptocurrencies offer investors the potential for spectacular returns. But despite an epic bull run, Dogecoin isn't built for long-term success. Dogecoin (CRYPTO:DOGE) exploded in 2021, jumping over 4,000% year-to-date. But at $0.24 per coin, prices are down roughly 68% from their all-time high of $0.74 reached in May. And more downside could be on the horizon as the meme cryptocurrency grapples with poor fundamentals and a lack of real-world use cases. Let's dig deeper to find out why it might be time for investors to jump ship.

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