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.
For further details see:
Is This Under-the-Radar Crypto Still a Buy After Jumping 100% in 2022?