Dogecoin Report Heavily Discussed by 21Shares! "Not Just a Memecoin, Its Power...

Dogecoin, originally a joke but backed by American billionaire Elon Musk, has now emerged as the largest memecoin. At this time, 21Shares, one of the global asset management companies, has taken notice of Dogecoin's success and stated that it is an asset that goes beyond the scope of a memecoin. "Dogecoin is not just a meme, but a movement. DOGE has used this ephemeral currency on the web and turned it into a stable asset not by chasing trends but by embedding it into the structure of online culture." Note that DOGE is not a conventional cryptocurrency, 21 Shares notes that it does not have a breakthrough protocol or a meticulously designed roadmap but has something stronger: community interest. Declaring that DOGE draws power from the community, 21 Shares stated that DOGE is gradually becoming more popular. "With an astonishing profit of over 130,000% in the past decade, or 127% per year, Dogecoin (DOGE) is among the top 25 performing cryptocurrencies over the last 10 years and has quickly become a $30 billion asset accepted by millions of people. "Supported by fast transactions and low costs, a vibrant grassroots community, and increasing acceptance from mainstream platforms like Tesla, AMC, and Newegg, Dogecoin continues to reinforce its retail appeal and real-world utility." 21 Shares recently noted that with millions of holders worldwide, Dogecoin has solidified its position as the first memecoin. The accessible nature and community-led ethos of DOGE have attracted countless first-time investors into the digital asset space.