Dogecoin will be the best you can invest $40,000 in this season and have something favourable to achieve that will make you a billionaire in the society, because the price of dogecoin is too low in the market which will help you to purchase a huge amount of dogecoin in the market and hold. I will advise you to apply long term hodling in your cryptocurrency investment because many investors that used this strategies to became a billionaire in the society always paid attention to the market price. I believe, if you can hold Dogecoin like 3 years, I think it will definitely bring you a good results at the end of your investment.
I invest $40,000 in Dogecoin, wait for 3 years, and boom, I'm a billionaire? Sounds like the plot of a Hollywood movie. But hey, if it's that easy, why stop at $40,000? Let's all throw our life savings into Dogecoin and become trillionaires. What could possibly go wrong?
Holding dogecoin for 3 years, that is what could go wrong. I dont think that people would hold this memecoin for such a long period and hope that they would turn into millionaires. Most probably they would be $100k worth token holders only. Dogecoin value must rise 25 times to turn $40k into a million. Its market cap is so huge, that with 25 multiplicator, they would surpass Ethereum and Tether market cap. That seems to be never going to happen. Dogecoin itself is nothing. There is no chance they gonna be pumped so much.