This year has been wonderful for digital-asset investors. The entire cryptocurrency market has soared more than 40% in value since the start of 2024 (as of July 23). That tremendous gain not only makes it easy to forget the 2022 crypto winter, but it also represents a better performance than the Nasdaq Composite index.

During the ongoing bull run, investors might have their sights on speculative tokens. Perhaps Dogecoin (CRYPTO: DOGE), which is up 53% this year, is back on your radar as a place to park capital.

Should you buy this meme cryptocurrency right now with $100 and hold it through 2024 and beyond? Here's some important info to help guide your decision-making.

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Source Fool.com