Both Mastiff (Crypto: Doge) and the Official trump Even corner, with Ticker Trump, is among the most famous meme games there right now. But, contrary to what you may have heard, all the pieces even are not the same in terms of the risk balance for the reward.
And, in this particular match, there is a lot to discuss. So dive.
Dogecoin is the same piece that started all its asset class in the cryptocurrency, and several years later, it is still alive and gives a kick, with a large market capitalization About $ 47 billion.
Regarding the investment thesis for the purchase of Dogecoin, this graph is doing a better job to explain it that the words alone:
Dogecoin price data by Ycharts.
As you can see, Dogecoin shares on average a high degree of correlation with the action of Bitcoin. This implies that Bitcoin retains its habit of mounting and reflecting cycles of four years, in accordance with the approximate moment of the reduction of half of its mining award, there will always be additional liquidity to flow from bitcoin to masting.
In other words, if Bitcoin continues to make investors richer in a specific period of time, part of the additional money they earn ends up being spent on average on Dogecoin. This makes sense because investors can probably find a higher yield during a speculative boom in Dogecon than in Bitcoin, because it tends to be more volatile.
Then there is the other element of the Dogecoin thesis. As the same, Dogecoin has continued to draw significant attention every few years for more than a decade now. Investors return in anticipation of the next frame, and the same is largely recognizable and easy to Riff.
In addition, the part can one day be included in funds negotiated on the stock market (ETF) that Give him more exposure to the liquidity of traditional financial markets. But these ETFs are not yet approved.
Does that mean that you should buy it? No, at least not before having diversified your wallet with safer investments, and unless you lose all your money.
Hobe after its launch on January 17, Trump’s memes play has a market capitalization of around 5 billion dollars today, making it one of the largest parts of memes that exist.
Although he does not have the same vintage as Dogecoin, he has a very obviously powerful factor that stimulates his price: he bears the name and approval of the President of the United States, and it is the only cryptocurrency with this distinction. During what should be a pro-consuming administration, the president’s explicit support means that Trump’s play is unlikely to be zero. This could also capture a major rear wind if the president’s actions made people want to buy their room. And this dynamic could easily last throughout the four -year quarter.