Dogecoin Volatility Reaches New Heights Amid Memecoin Supercycle Speculation
Dogecoin (DOGE) has been making waves in the cryptocurrency market again, sparking debates among traders and investors about its potential for growth. As the memecoin supercycle theory suggests, each big crypto bull run now has a dedicated chapter where memes outperform complex DeFi or infrastructure narratives.
Dogecoin's strong brand recognition and liquidity make it an attractive option for speculative traders who can handle high volatility. However, its sentiment-driven nature means that hype can vanish overnight, making it crucial to approach trading with caution.