In the world of cryptocurrencies, few coins have captured the imagination of the masses quite like Dogecoin. Originally created in 2013 as a joke it's made millionaires. However, $DOGE tumbled approx. 25% recently and is now down about 15% for the week. For those who just jumped on the pump and dump nature of this coin is biting them right now.
Over the last 24 hours we have seen about 10% rise in price as the Santa rally takes off. Stock, crypto, PMs are all pumping right now and we will see how the short stock and bond markets treat crypto today.
The meme coin’s resiliency and stability amidst waning conditions is actually impressive. Doge owes much of its popularity to its vibrant, enthusiastic community. Unlike many other altcoins, Doge has built a loyal and supportive user base. The coin’s lighthearted and inclusive nature attracts a wide range of users and it captained by the one any only President Elon.
I have not traded it in a while and thought it might be a good time to buy a few coins betting on Elon's association with the incoming administration. Now that we are on Christmas break it's given me some time to look at my trades the past year and set up my EOY plan and the 2025 strategies.
I'd love to hear what coins everyone thinks will be mooning in 2025.
Posted Using InLeo Alpha