Rich by Coin

With Dogecoin trading 82% off its record, investors are evidently losing interest in the meme token.
A small developer community means that Dogecoin isn’t innovating enough to add real-world utility.
It’s unreasonable for investors to expect monster returns in such a short time.
The only way to make money with it, it seems, is to correctly predict when a hype cycle is about to happen and buy right before.

Dogecoin won’t make you a millionaire, not in 2026 and probably not ever.
Buying this coin with the hopes of getting rich isn’t how investors should allocate their hard-earned savings.
Over the past five years, Dogecoin’s price is up a jaw-dropping 3,380% (as of Dec. 22).
If you’d invested $29,000 in this digital asset at the end of December 2020, you’d have $1 million now.

The market is clearly showing less enthusiasm for this once high-flying token.
There were short periods in 2021, 2022, and 2024 when Dogecoin’s price shot up quickly.
Meme tokens have captured attention, but Dogecoin now trades roughly 82% below its all-time high as enthusiasm wanes.
A small developer community limits real-world utility, making it hard to justify rapid, outsized gains.

Investors should not expect monster returns in a short time frame.
Profits, if any, hinge on timing hype cycles rather than solid fundamentals, buying just before the cycle peaks.
The notion of getting rich quickly from this token is not supported by underlying value or sustained demand.
Dogecoin won’t make you a millionaire in 2026, and probably not ever.

Relying on riches from this meme token is not a prudent use of savings.
Over the past five years, Dogecoin has surged about 3,380% as of Dec. 22, and a $29,000 investment at the end of 2020 would be nearly $1 million today.
The market shows waning enthusiasm for this once high-flying token, with only brief spikes in 2021, 2022, and 2024.