Dogecoin was introduced to the financial markets in 2014 and it is expected to grow quite significantly until 2024. The cryptocurrency is now worth $10 billion and has been trending since it begun operations. Dogecoin walks in the footsteps of Bitcoin and Litecoin. Dogecoin is also a decentralized digital peer to peer digital currency. During the first and second quarter of 2021 the Dogecoin price sky rocketed.

Historicaly it is know that digital currencies were created as partial alternative’s to using government issued legal tender notes, however this digital currencies still need the support of government issued money to operate effectively. The fact people who do not have access to banking services embrace these digital currencies could see Dogecoin prices and value rise to unpresidented levels. The price for one Dogecoin unit is worth $0.08 today, the recent price gains build on a huge price rally in recent weeks that has seen it grow in value by an exceeding 1,000 per cent since the end of January 2021. A very significant growth in a short duration.