Dogecoin, Elon Musk’s Favorite Crypto, Gets Serious

Published by
The Street

By Luc Olinga The popular meme coin was created as a joke to highlight speculation in the crypto industry. Is this the end of meme coins? As their name suggests, meme coins are tokens that have no utility and are essentially jokes. But the experts have warned that meme coins are largely worthless, and people who put their money into them know well that they should expect nothing in return for their investments. At the same time, the crypto industry seems to be at a pivotal moment in its history, making the transition from youthful mistakes to maturity. And dogecoin, the most popular of the mem…

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