Dogecoin is off to the moon based on Elon Musk buying Twitter but should you buy it? Ben has decided not to buy it, why? Meme coins aren’t worth the hype and don’t have enough real world utility. The next bull run in the crypto industry will show more maturity.
We can’t predict what Elon Musk will do, and his influence on the price of dogecoin is too high. Dogecoin is likely to have short-term pumps but not long-term success.
Deezy of @NFT Alpha takes a look at the current happenings in the crypto world, including VeChain’s foray into NFTs, Elon teasing Doge’s role in Twitter, and Ripple receiving help from an unexpected ally.
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