Is Dogecoin Really a Millionaire Maker?

Dogecoin prices have dropped 87% from its May 2021 peak of $0.74, trading at $0.08 as of the latest data. The coin is down 20% for the year with a market cap of $13B and a 52-week range of $0.08 to $0.30. Dogecoin's value has declined despite past hype and Elon Musk's support. A spot Dogecoin ETF launched in September and a partnership with Paxos was announced to boost mainstream adoption.