With the all-powerful founder of Tesla and SpaceX leaning heavily bullish on Dogecoin, you'd have to be reckless to bet against it now.

Dogecoin will continue to rise due to the broader interest in the crypto space and several high-profile celebrities' endorsements.

Despite Elon Musk's hype, Dogecoin seems more like a speculative bet than a cryptocurrency that's worth holding for the long term.

Dogecoin has been a fun ride, one that enjoyed backing from heavy-hitting influencers. But all good things must come to an end.

Inflationary pressures have always capped Dogecoin prices. That could change as celebrities like Elon Musk jump aboard.

Dogecoin remains interesting, but looks increasingly like its time is winding down. $1 looks highly unlikely moving forward.

Dogecoin is accepted by Wooter Apparel for online payment. Up 1,209% year-to-date, an investment in the cryptocurrency has paid handsomely.

Dogecoin started as a joke and already blew up once before. Its ultimate value appears to be minimal at best. Yet that doesn't mean the coin has to plunge right now.

Dogecoin should hit new highs, but stellar returns are not likely to unless cryptos move from speculation to having regular retail use.

Dogecoin is a volatile "penny stock" in the cryptocurrency world. It's fine for speculators, but stability will be found in Bitcoin.