This dog-themed coin has been surprisingly resilient.

Despite starting off as a joke, it's easy to see why many investors refuse to forget Dogecoin ( DOGE 3.00% ) . With prices up by 7,000% during the past five years, the meme coin is clearly capable of minting plenty of millionaires in the right conditions. And with high-profile support from prominent figures like Elon Musk (who frequently mentions it to his 228 million X followers), the asset is never far from public attention.

Still, Dogecoin remains a meme coin. And that fact is reflected in its development team, investor community, and even its design. Let's dig deeper to see if this dog-themed cryptocurrency can overcome its challenges and deliver market-beating growth during the next five years.

A favorable macr

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