Techlife News - USA (2021-02-27)

(Antfer) #1

incredible appetite for alternative currencies in
today’s uncertain political and economic times.
Alongside Redditors coming together to fuel a
takeover of Wall Street, investing in stocks like
GameStop, 2021 has already proven to be one
of the biggest years yet for the reconsolidation
of finances, with consumers ready to part with
their cash and invest in the “Next Big Thing”.
Sure, you could say that currencies such as
Bitcoin are something of a fad, and their growth
bubble could one day burst, but with Tesla
and other firms now pledging to accept the
currency as a viable alternative to United
States Dollars, it’s time to start taking crypto
seriously. One that’s worth watching is Dogecoin
(DOGE), a Bitcoin rival with the backing of stars
like Snoop Dogg, ideal for early investors.


The currency was the brainchild of Billy Markus
and Jackson Palmer, and though it started as
a joke between engineers back in 2013, the
currency has since moved from the fringes into a
mainstream product, worth more than the likes
of JetBlue, Harley Davidson, or Under Armour in
aggregate. And thanks to its cult following on
social media sites like Twitter and Reddit, with
meme-worthy content encouraging people to
invest, the currency could prove to be a new
financial tool - with incredible rewards for those
considering an investment. First, a disclaimer:
the rapid growth of the currency does indeed
mean that its price will continue to climb in the
coming weeks, but you shouldn’t bet your entire
life savings on the coin just yet. It’s important to
exercise caution when investing and speak with
a professional advisor.


Dogecoin is a digital currency that was named
after the internet meme that centered around a

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