Dogecoin - Not just a good joke

Hey everyone,

I had planned to discuss why liquidity is increasing, but with the crypto market going crazy, I thought it would be better to share this article with you now. We'll talk about liquidity another time.

So the crypto market is starting to head higher.  Early signs show the next great crypto bull run is starting. So what could be a good crypto opportunity here?

Dogecoin

Polarizing, hilarious, king memecoin…Whatever your thoughts are about Dogecoin, you might not be taking it seriously enough as a trading asset.

Dogecoin is currently the 9th largest crypto by market capitalization at $20bn.  Thats larger than well known companies Zillow, MGM resorts and almost as much as Slack.

Now for the opportunity

Historically Dogecoin has had some absolutely explosive returns during crypto cycles. Two cycles ago it did 60x, and the last cycle it did 300x.  Odds are this cycle its going to make large moves like the last two sooner than later.

Also, Dogecoin isn’t nearly as risky as you might think. To find out why, along with a price target, ideas on how to exit near the top, and our current crypto portfolio construction check out our premium subscription.

It looks like the odds are Dogecoin is likely to be a great opportunity again.  We’ll see how high she flies!

Cheers

Justin

If you have any thoughts or feedback - feel free to respond to this email.

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Important news and interesting content this week

• Cover of the economist questions how much higher we can go - a bullish sign  

• Chart from Tech Dev showing the cycle has started 

• Investors beginning to buy Dogecoin again - CoinDesk 

Disclaimer: The Blockchain Breakthrough is not financial advice. Please do your own research.