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A sceptic’s guide to crypto: boom and bust

FT News Briefing

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The Resurgence of Dogecoin

This chapter explores the surprising rise of Dogecoin, which started as a humorous response to the cryptocurrency boom in 2013. It highlights how this seemingly worthless token gained immense popularity and significant market value, especially after high-profile endorsements. The discussion delves into the complexities of cryptocurrency as both a speculative investment and a cultural phenomenon, alongside the ongoing potential for innovation in the crypto space.

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