Meme Cryptos That Could Rival Dogecoin - Shiba Inu & Caged Beasts
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How should crypto investors protect themselves against the volatility of cryptocurrency, like we are seeing with Dogecoin’s price fluctuations?
How do we know when to hold or sell, whether the coin has profit potential, or whether the fears that arise during a bear market provoke selling?
However, the current situation is more controversial than expected. Recent news reveals that investors have accused Elon Musk, the world's second-richest person, of intentionally manipulating Dogecoin's price to increase by a staggering 36,000% over two years, only to let it crash afterward.
During such times, it's only natural for the price of Dogecoin (DOGE) to experience drastic fluctuations. Whether it plummets or soars to new heights, only time will tell.
Meanwhile, investors and traders can explore alternative altcoins that could serve as viable options in case Dogecoin's value takes a nosedive.
Two cryptocurrencies with similar ‘meme’ origins come to mind – the established Shiba Inu (SHIB) and the emerging meme coin Caged Beasts (BEASTS).
This article provides insights into the ongoing Dogecoin saga involving Elon Musk, as well as an examination of Shiba Inu and Caged Beasts, highlighting what makes them appealing alternatives to the reigning king of meme coins, Dogecoin.
Dogecoin (DOGE) is an extremely popular meme-inspired cryptocurrency that never fails to make waves in the digital world of financing.
Created as a fun and lighthearted currency, DOGE has gained a dedicated following and gathered a massive user base.
Just recently, a group of investors proposed a class action lawsuit against Elon Musk, accusing him of insider
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