First of all, let me start this by saying: I am NOT a financial advisor, and none of the below should be taken as financial advice.While the internet went nuts about GameStop shares, the cryptocurrency Dogecoin skyrocketed in the slipstream from $0.0067 to an all-time high of $0.0779! In the last 7 days, it has fluctuated between $0.0224 and $0.057, meaning its \u201cnew low\u201d is still close to a 400% return of investment for anyone who owned any Dogecoin before the 27th of January.Where is the hype coming from?I think a lot of it is coming from the man that is to investment what Kanye is to fashion. The (most days of the week) richest man alive. Elon.Yes. this is real.What makes Dogecoin different?1. Dogecoin is built on a communityWhen Dogecoin started, the Doge meme was in its prime, and everyone was creating their own cryptocurrencies. So it was only natural that someone decided it would be funny to have a currency with a Doge on it. The subreddit r\/dogecoin was created and soon filled with a bunch of people who like the idea of printing their own Doge-themed money.In 2014 (When Dogecoin was worth literally nothing \u2014 I think there was a single pizza place in the whole world that would accept Dogecoin), they raised $55,000 to sponsor a NASCAR driver and have his car be covered in Doge.The only other cryptocurrency that has an actual community is Bitcoin. Bitcoin was the first crypto. The people that joined in and made it what it is today did not have in mind to get rich. They just liked the concept.Other crypto communities are usually just filled with people who try to make money but haven\u2019t gotten in on Bitcoin early enough.2. It has an unlimited supplyAt some point, there will\u2026<\/p>","protected":false},"excerpt":{"rendered":"
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