I learned about Dogecoin back in 2014 and I spent a lot of time goofing off with the community on Reddit.com. As a community, we helped fund some pretty awesome things like sending the Jamaican Bobsled Team to the Olympics. Doge rose in price with all the hype but it still wasn't worth much then. Shortly after the price went down and stayed there for awhile. How things have changed today! Remember the fundamentals; Dogecoin is fun, super fast, it has a great community and it is well known world wide now. It is at almost every exchange and it will only be at more exchanges in the near future.
Look at the chart below, even in February of this year Dogecoin was as low at $0.0002!! It hit a high on May 24th at a price near $0.004, an increase that is 20 times greater from just 3 months prior! Still today, Dogecoin is only about 1/3 of a cent! What does that mean? If it goes up to just one penny, your current investment will surely begin to rise at a fast rate. I feel when Dogecoin hits a penny, people will start to take notice and the market cap will be at around $1 Billion. Do you see why people would really start to take notice? And when it goes to 2 cents, you've just doubled your doge and you'll double your investment again at 4 cents and so on and so forth.
To put this all in perspective, I paid about $700 for 3,311,000 Dogecoin in 2014 and held it. That amount has hit highs of over $13,000 and is currently sitting at around $10,600. I don't worry about the price of Doge, I simply buy more when the price is a little down. I know the day when Dogecoin hits a new all time high is coming very soon and the day Dogecoin hits one penny and higher should happen later this year. Are you on the doge train?