
Dogecoin (DOGE) has uniquely stood out in the wild world of meme coins mainly due to community buzz, celeb sponsorships, and its recognition as the first meme cryptocurrency. Nonetheless, it is losing some of its charm as the market expands and investors chase assets that have solid backing. The lack of substantial tech advancements, along with Dogecoin’s minimal practical usefulness, has led some early investors to sell off their positions