Doggy Coin not all cracked up to be … do your research on this coin and make your own decision

Preston, a participant of this podcast as well as the Security Hour on Saturdays on the mix sent a very interesting article about Doggy Coin, one of many different types of Crypto Currencies.

Preston sent Elon Musk Slammed With a $258 Billion Lawsuit for Promoting Dogecoin (DOGE) which would be devistating to the billionaire since it has been reported that he wants to buy and change Twitter so that it is more transparent.. We’ve found out that Twitter has done some very interesting things, but I’m not going to sit and judge the company as I don’t have all the facts.

Musk has adopted the crypto currency as payment, but i doubt that anyone has it, at least nobody I know has it.

According to the article, it was supposed to be launched as a joke, but Musk and his companies threw their weight on the coin and it soared in price. He also thinks it is going to be the coin of the future on the Internet.

We’ll see about that one. Right Now, even though Bitcoin has fallen some, it still has top dog.

Last year, DOGE soared as high as $0.73, before plunging tremendously. DOGE is currently a shadow of its all-time high as it has shredded a significant percentage of its value since the beginning of this year.

Right now, the coin is at $.05 down 92 percent,. It never reached a dollar.

Important notice on the bottom of this article which we’ve stressed.

Disclaimer

The content is for informational purposes only and may include the author’s personal opinion, and does not necessarily reflect the opinion of TheCryptoBasic. All Financial investments, including crypto, carry significant risk, so always do your complete research before investing. Never invest money you cannot afford to lose; the author or the publication does not hold any responsibility for your financial loss or gains.

Please check this article out, and make this decision on your own whether you want to invest in this or not. It talks more about what Doggy coin is, I really have no idea what it is, only heard of it once, years ago.

The JRN has no crypto and can’t give advice on what to do. Check with a knowledgable investor.

Thanks so much for reading! Stay safe if you invest in Crypto Currency.