Is DOGE Capable of Becoming One of the Top 3 Cryptocurrencies?
Dogecoin Foundation Board member Marshall Hyner believes that Dogecoin (DOGE) could eventually become one of the top 3 cryptocurrencies due to its “memetic power” and regulatory clarity. Hyner stated that DOGE’s lack of classification as a security could benefit the original meme coin. Conversely, the US Securities and Exchange Commission’s security claims have hurt other assets in the industry. While the price of DOGE is volatile, it maintains Elon Musk’s support, and entities like Mark Cuban have quickly integrated it into their businesses. However, DOGE’s spot in the top 3 is never certain, and expert predictions are untrustworthy. Ultimately, time will tell where DOGE ends up.
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