Ethereum founder says Dogecoin should be #2 after Bitcoin
Ethereum creator Vitalik Buterin lost the number 2 slot to Dogecoin, the first and biggest meme-based cryptocurrency. Buterin said Dogecoin should be placed after Bitcoin (BTC)
Buterin names Dogecoin #2 Cryptocurrency
Teslaran, a crypto community member on X (previously Twitter), provided an exclusive interview with Buterin. In the interview, the Ethereum inventor unexpectedly supported Dogecoin, calling it the second most popular cryptocurrency after Bitcoin.
Ethereum has continuously been the second-largest cryptocurrency behind Bitcoin, so this surprising endorsement caught the crypto market's attention.
Ethereum was established by Buterin in 2013 and launched in 2015. However, software engineers Billy Markus and Jackson Palmer invented Dogecoin in 2013 as a joke.
DOGE's meme coin usefulnessDogecoin is less useful than Ethereum. Due to its unique cultural value and humorous idea, the meme-based cryptocurrency has received attention and support.
DOGE has grown over time, attracting millions of investors and supporters and creating many unique initiatives. From zero to $0.74 in 2021, Dogecoin achieved its peak. It now has a $25 billion market valuation.
Buterin may have endorsed Dogecoin because to its quick development and crypto industry potential. Buterin believes DOGE outperforms ETH, which he invented. Ethereum creator has also admitted to holding Dogecoin.
An analyst predicts DOGE's next upside target over $0.2
On October 29, crypto expert Jake Wujastyk made a positive Dogecoin price forecast on X (previously Twitter). DOGE is poised for a massive bull surge to attain its next upside objective between $0.2145 and $0.2295, says the expert.
Wujastyk charted Dogecoin's price from 2021 until the present. The expert expects DOGE to rise beyond $0.2 before 2024 or 2025 based on its annual pattern.
A 34.7% price rise to $0.2295 would be significant. Dogecoin is now selling at $0.17, up 3.86% in 24 hours and 24% in a week, according to CoinMarketCap.
