From Yahoo Finance: 2025-06-21 06:45:00

Dogecoin has seen a 1,000% increase in value since 2018, currently sitting at about $0.17. The token was created in 2013 as a joke and quickly gained popularity on sites like Reddit. Despite its initial success, it lacks real-world tangible value, making it a speculative asset best viewed as a lottery ticket.

While Dogecoin is fun and exciting, long-term crypto investments may be better placed in Bitcoin and Ethereum due to their established reputations and use cases. Bitcoin’s status as the first major crypto asset and Ethereum’s programmability make them more sustainable options with long-term adoption potential. Dogecoin’s future remains uncertain, dependent on social trends.

The Motley Fool Stock Advisor team did not include Dogecoin in their list of the 10 best stocks for investors to buy now. Historically, their stock picks have produced significant returns, outperforming the S&P 500 by a wide margin. Consider long-term investments in companies like Netflix and Nvidia, which have yielded substantial profits over time. Join Stock Advisor for access to their latest top 10 list.

Read more: 2 Reasons to Buy Dogecoin (DOGE) before 2026