Dogecoin’s Record Price Hike Signals Bubble

“Big Short” investor Michael Burry recently called Dogecoin a bubble, citing enough reasons that go in favor of his prediction. First, Dogecoin is perhaps the only cryptocurrency that does not have market capitalization. It was launched in 2013 when its price was around A$5.6 billion on the stock market. Now nearly about 5 billion new Dogecoins …