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Better Pick for 2026: Dogecoin or Bitcoin?
Yahoo Financeยท2025-09-18 08:12

Group 1 - Dogecoin is the original meme token in the cryptocurrency industry, experiencing extreme volatility with a 250% gain in 2024 but a 14% loss in 2025, remaining 63% below its 2021 record high [1][7] - Bitcoin, with a market capitalization of $2.3 trillion, is the most valuable cryptocurrency and has generated steadier returns over the long term, continuing to reach new highs [2] - Dogecoin was created in 2013 as a joke, peaking at $0.73 in 2021 with a market cap exceeding $90 billion, surpassing some of the largest companies [3] Group 2 - As a meme token, Dogecoin's value is driven by speculative investors, lacking a tangible use case and struggling to attract organic demand, with only 2,088 businesses accepting it as payment [4] - Elon Musk has significantly influenced Dogecoin's price movements through social media advocacy and public appearances, notably during his Saturday Night Live skit in May 2021 [5] - After Musk's lack of a concrete value creation plan became apparent, Dogecoin lost over 90% of its value by mid-2022 and traded sideways throughout 2023 [6]