Investors have increased their attention for investing in Dogecoin

Investors have increased their attention for investing in Dogecoin.

Dogecoin has now become an established cryptocurrency through the amount of people who are investing in it.

Few reasons for the increased attention in dogecoin are:

The backing from Elon Musk and investor Mark Cuban have bolstered the Dogecoin community, and will continue to do until the end of 2022 and beyond.

Transactions on the Dogecoin network are low-cost and far lower than the cost of sending Bitcoin or Ethereum.

Dogecoin is one of the most widely accepted cryptocurrencies by merchants.

Despite the low Dogecoin prices in July 2022, the largest wallets are continuing to buy up DOGE and add to their totals.