
Holding Dogecoin (DOGEUSD) has been quite unfruitful this year. Year-to-date, DOGE is down nearly 27%. In comparison, many popular cryptocurrencies have been building up their momentum for the next leg up.
Dogecoin originated as a lighthearted parody of the booming crypto market in the early 2010s. It was created by software engineers Billy Markus and Jackson Palmer, who launched it on Dec. 6, 2013.