Is It Finally Time to Dump Dogecoin?
The cryptocurrency landscape looks very different today than it did at the height of the frenzy among investors in 2021. Back then, the vast majority of mainstream tokens were experiencing strong gains, whereas today, investors are being much more selective.
For example, industry leaders like Bitcoin and Ethereum are trading in the green in 2023 with gains of more than 50%, whereas speculative token Dogecoin is in the red and is down about 3%.
Dogecoin is still a favorite of some crypto enthusiasts, including Tesla (NASDAQ: TSLA) Chief Executive Officer Elon Musk, but not even he could stop the token from sliding more than 90% from its all-time high. So is it time to finally give up on the token for good?
Source Fool.com
Tesla Inc Stock
€204.95
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Currently there is a rather positive sentiment for Tesla Inc with 72 Buy predictions and 29 Sell predictions.
As a result the target price of 240 € shows a slightly positive potential of 17.1% compared to the current price of 204.95 € for Tesla Inc.
