Should You Buy Dogecoin After Its 51% Slump in 2025? The Answer Might Surprise You

In 2013, two friends, Billy Markus and Jackson Palmer, felt that the cryptocurrency industry was taking itself too seriously. Inspired by the "Doge" meme circulating the internet at the time, they created a token called Dogecoin (CRYPTO: DOGE), which like-minded investors could buy for a bit of fun.Although Markus and Palmer created Dogecoin as a joke (in their own words), it wound up amassing a staggering $90 billion market capitalization in 2021. It lost the bulk of that value a year later, and it has since taken investors on a wild roller-coaster ride. It soared by 252% in 2024, outperforming other major cryptocurrencies, but it's down 52% so far in 2025.Dogecoin is struggling to find a use case that can create real value over the long term. Meanwhile, it faces a structural supply issue, which could keep a lid on further gains. Is this year's dip a buying opportunity for investors? The answer couldn't be clearer. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool