As is the case with most major Proof of Work cryptocurrencies, ASICs have come to dominate the DOGE mining market. Nonetheless, it’s still possible to use a CPU or GPU rig to mine DOGE. Dogecoin Price Prediction 2025 While Dogecoin emerged as one of the fastest-growing cryptocurrencies in 2021, the asset has since struggled to maintain its momentum. As a result, the number of investors asking is it too late to buy Dogecoin today has skyrocketed.
On the other hand, Dogecoin is highly inflationary (there are currently over 130+ billion coins in circulation), and its price is highly volatile. So, ultimately, whether you should invest in Dogecoin comes down to your own risk tolerance. If you're willing to take on the risks associated with investing in a volatile asset like cryptocurrency, then Dogecoin could be a good investment for you. However, if you're looking for stability and predictable returns, you might want to choose another investment option. Is it too late to buy Dogecoin today? A key use of Dogecoin is as an online tipping system. If you like what someone posted in the Dogecoin Reddit community, throw them some Dogecoin. It’s part of what gives the community its friendly reputation.