Dogecoin Copycat Trending: Investors Warned About Danger of Safemoon
A new cryptocurrency called Safemoon has been dubbed as the successor of Dogecoin, and with the hype surrounding the industry, it is currently attracting investors and has been trending as of late.
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A new cryptocurrency called Safemoon has been dubbed as the successor of Dogecoin, and with the hype surrounding the industry, it is currently attracting investors and has been trending as of late.
Why has it been called a Dogecoin copycat, though? Well, it seems Safemoon is akin to everything that has made Dogecoin a hit.
Elon Musk Powers Dogecoin Price to $0.50 Ahead of SNL Appearance: Will It Reach $1 Value?
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If you have not invested in Dogecoin, then it is better to start considering it now. On Tuesday, May 4, Dogecoin soared past the $0.50 mark, and predictions say it will only continue to rise.
Dogecoin, also popularly referred to as the meme coin, was developed by Billy Markus and Jackson Palmer as a cryptocurrency fun alternative that most traders used to think of as a joke. However, traders cannot ridicule it anymore, as the Dogecoin value grows at an incredibly rapid pace. In less than a day, Dogecoin s value rises from its $0.45 mark and easily breaks past $0.50.