The Dogecoin price is outperforming Bitcoin. Surprising right? Dogecoin is renowned for its ability to outperform other cryptos during price swings. This is the case here, as DOGE, backed by a loyal community and strong market sentiment, is experiencing more growth than Bitcoin. DOGE has grown by 196% in the past month compared to BTC’s 41%.

Dogecoin’s momentum is impressive, but a new altcoin, RCO Finance (RCOF), garners attention with its revolutionary features and impressive growth potential. This ingenious altcoin combines AI and DeFi to democratize access to digital and real-world assets. Aiming for a 43,209% rally, RCOF is a rising challenger you can’t ignore. 

Why Analysts Believe The Dogecoin Price Will Keep Beating Bitcoin

DOGE continues to surpass expectations as the Dogecoin price outperforms Bitcoin. These are the factors contributing to this impressive performance.

Dogecoin has a lot of meme appeal. As the original memecoin, Dogecoin began as a joke, evolving into a cultural movement. Its mascot, the Shiba Inu dog and humorous branding helped it resonate with a wider audience. This makes it more appealing and accessible than Bitcoin, considered a serious investment-focused altcoin. 

DOGE has a strong community behind it. The Doge Army is pivotal to ensuring Dogecoin remains relevant and helps drive up the Dogecoin price. This community is known for its enthusiastic support, charitable initiatives and social media engagement. These efforts are all to increase awareness and drive up the price.

Celebrity endorsements and media attention also boost Dogecoin’s performance. Backing from high-profile figures, particularly Elon Musk, has greatly increased DOGE’s visibility and improved market performance. 

Musk’s tweets have directly led to immediate surges in the Dogecoin price. Although Bitcoin gets attention from high-profile figures, it lacks the same meme-driven promotion as DOGE. 

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Author: Bitcoinist