Razor1911
Active member
Dogecoin, one of the youngest of the cryptos, has achieved some wildest of milestones. After having a stunnig listing, it has given as high as tripple digit growth within a weak. The jump was highly driven by the comments of Elon musk. Though the price per coin may be low, but it has quickly gained the market cap required to be listed be counted ae heavy weight crypto.
But when you compare it to the leader of the market, Bitcoin, the market cap of doge nowhere stands. But why it is not wrong to say that doge has better potential than bitcoin is because of the growth prospect. Bitcoin, even if hit a bull run again may go upto 100k region which will be seen as an achievement too. But the growth is just limited to 250% from the current price but since price of doge very less, even less than 35 cents, then also it has more growth capacity than bitcoin.
But when you compare it to the leader of the market, Bitcoin, the market cap of doge nowhere stands. But why it is not wrong to say that doge has better potential than bitcoin is because of the growth prospect. Bitcoin, even if hit a bull run again may go upto 100k region which will be seen as an achievement too. But the growth is just limited to 250% from the current price but since price of doge very less, even less than 35 cents, then also it has more growth capacity than bitcoin.