Is This Under-the-Radar Crypto Still a Buy After Jumping 100% in 2022?
Cryptocurrencies across the board are crashing. Bitcoin and Ethereum, the two most valuable digital assets that are largely viewed as bellwethers for the entire industry, have both cratered more than 30% over the past two months. The ongoing pandemic, soaring inflation, and the potential for multiple rate hikes by the Fed this year are triggering a move to safer assets.
There's one cryptocurrency, though, that hasn't followed the poor performance of the overall market. In fact, Baby Doge Coin (CRYPTO: CCC) has already soared more than 100% to start 2022. Like me, you're probably wondering what's going on.
Does Baby Doge Coin deserve a place in your portfolio? Continue reading to find out.
Source Fool.com