Dogecoin is one of the most talked-about cryptocurrencies this year, whether you like it or not. The cryptocurrency, which began as a joke in 2013 has even made it to SNL, thanks to Tesla (TSLA) – Get Report CEO Elon Musk.
Related: Elon Musk’s SNL Appearance and Dogecoin – What You Need to Know
The meme-inspired cryptocurrency, which wasn’t even worth a cent per coin until April 12 of this year spiked to over 70 cents in May.
Due to the extremely volatile nature and an unlimited supply of this coin, there’s a whole debate going on if it’s a good strategy to bet on Dogecoin.
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