Dogecoin Facing Uncertainty in 2022, Crypto Analysts Say

Published by
The Street

By Rob Lenihan Dogecoin is ‘a tricky investment even for the veteran investor,’ says analysts, who doubt the cryptocurrency will reach $1 in the new year. On December 14, dogecoin surged after Elon Musk, Tesla’s (TSLA) – Get Tesla Inc Report CEO, said the electric-vehicle maker would accept the cryptocurrency for payment. “Tesla will make some merch buyable with Doge & see how it goes,” tweeted Time Magazine’s 2021 Person of the Year. Edward Moya, senior market analyst for the Americas with Oanda, noted at the time that “many crypto traders are focusing on which altcoins to bet big on and Musk…

Read More

Leave a Reply

Your email address will not be published. Required fields are marked *