Published on 1 May 2024 on Motley Fool via Yahoo Finance
Dogecoin (CRYPTO: DOGE), the original "meme coin," has experienced a remarkable surge since the beginning of the year, with its price up by more than 48%. Earlier this week, it was up by 60%. This cryptocurrency, initially created as a farce, gained immense popularity during the last bull market, reaching a peak of over $0.70. However, despite its recent gains, Dogecoin's fundamentals remain questionable, if not entirely absent.