Dogecoin was initially started as a joke back in 2013 but has since grown into one of the most popular coins on the market today. It currently stands at around 40 cents per coin with a total market cap of around $50 billion—a remarkable feat for such an old cryptocurrency.
Dogecoin is quite similar to some of the earlier cryptocurrencies, which, like Bitcoin, run on proof of work consensus, technically speaking. The two currencies are quite similar since they were both forked from the now-defunct Luckycoin, which was itself a fork of Litecoin. Doge could continue to surge in the coming months, and is still one of the most popular mainstream crypto investment options around.Both DOGE and TOAD are credible options for your portfolio right now.
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