Latest news with #speculation
Yahoo
a day ago
- Business
- Yahoo
2 Reasons to Buy Dogecoin (DOGE) before 2026
Dogecoin is an exciting speculative asset. But two other crypto assets have brighter futures. 10 stocks we like better than Dogecoin › It's been an incredible run for Dogecoin (CRYPTO: DOGE). Since 2018, when the coin was valued at $0.017, the crypto token has soared to about $0.17 -- a 1,000% increase. Could another 1,000% growth spurt be in store? There are two reasons you should consider jumping in before 2026 arrives. If you're looking to speculate on a highly volatile asset, Dogecoin is almost perfectly designed for this purpose. The token was created in 2013 purely as a joke. According to the founders, "cryptocurrency was being taken far too seriously and wasn't much fun" at the time, leading the pair to develop and launch Dogecoin. The token's mascot, a Shiba Inu dog, has become an iconic piece of the crypto industry. Originally, the dog breed was used in internet memes. By using the famous image to brand Dogecoin, the crypto token established itself as both an obvious joke and a well-known staple of the fledgling global crypto community. Dogecoin's initial success was surprising. "Dogecoin was a near-instant success, and gained tremendous popularity on sites such as Reddit, where it was -- and still is -- used as a tipping currency," the project's official history reads. "When Dogecoin was just 2-weeks old, it reached more transactions per day than Bitcoin (CRYPTO: BTC). Moreover, within the first month there were over one-million unique visitors to this website!" Why invest in a speculative asset like Dogecoin with minimal real-world tangible value? First, because it's fun. Second, assets like Dogecoin can surge in value much faster and with greater magnitude than most traditional investments. Just note they can lose their value just as quickly. As long as you view your Dogecoin investment as a lottery ticket and not a true long-term investment, it's a suitable asset for some extra discretionary funds. Want to stack the odds in your favor over the long term? Check out the two Dogecoin alternatives below. Don't get me wrong: Dogecoin is a fun, exciting crypto token. But if you want to invest in crypto long term, both Bitcoin and Ethereum (CRYPTO: ETH) are superior options. Why? Because they both have bonafide use cases that can stand the test of time far better than Dogecoin. Bitcoin, of course, was the first major crypto asset ever invented. This gives it a reputational edge that no other crypto asset can match. In use as both a means of exchange and a store of value, Bitcoin should remain a mainstay in the crypto world for decades to come. The magnitude of buy in -- both from retail investors and a growing number of institutional investors -- gives Bitcoin staying power that no other crypto can match. Ethereum, meanwhile, was designed to overcome limitations involved in Bitcoin's structure. That is, Ethereum is much more programmable, allowing developers to use the crypto asset in many more imaginative ways. Today, more developers are working on Ethereum than any other crypto ecosystem. That leads to more innovation, and a stronger incentive for other developers to join. Bitcoin's place in history and Ethereum's dominant developer ecosystem edge create sustainable competitive advantages that should lead to long-term adoption of both crypto projects. Dogecoin's place in history, meanwhile, will largely be determined by prevailing social whims, relegating it to a speculative asset only. Before you buy stock in Dogecoin, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Dogecoin wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $659,171!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $891,722!* Now, it's worth noting Stock Advisor's total average return is 995% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 Ryan Vanzo has positions in Bitcoin and Ethereum. The Motley Fool has positions in and recommends Bitcoin and Ethereum. The Motley Fool has a disclosure policy. 2 Reasons to Buy Dogecoin (DOGE) before 2026 was originally published by The Motley Fool
Yahoo
15-06-2025
- Business
- Yahoo
Those who invested in Porch Group (NASDAQ:PRCH) a year ago are up 517%
Active investing isn't easy, but for those that do it, the aim is to find the best companies to buy, and to profit handsomely. When an investor finds a multi-bagger (a stock that goes up over 200%), it makes a big difference to their portfolio. For example, the Porch Group, Inc. (NASDAQ:PRCH) share price rocketed moonwards 517% in just one year. It's also good to see the share price up 69% over the last quarter. Looking back further, the stock price is 328% higher than it was three years ago. It really delights us to see such great share price performance for investors. With that in mind, it's worth seeing if the company's underlying fundamentals have been the driver of long term performance, or if there are some discrepancies. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Given that Porch Group didn't make a profit in the last twelve months, we'll focus on revenue growth to form a quick view of its business development. Shareholders of unprofitable companies usually desire strong revenue growth. That's because fast revenue growth can be easily extrapolated to forecast profits, often of considerable size. In the last year Porch Group saw its revenue shrink by 6.8%. So it's very confusing to see that the share price gained a whopping 517%. It's pretty clear the market isn't basing its valuation on fundamental metrics like revenue. To us, a gain like this looks like speculation, but there might be historical trends to back it up. You can see below how earnings and revenue have changed over time (discover the exact values by clicking on the image). You can see how its balance sheet has strengthened (or weakened) over time in this free interactive graphic. We're pleased to report that Porch Group shareholders have received a total shareholder return of 517% over one year. That's better than the annualised return of 1.3% over half a decade, implying that the company is doing better recently. Someone with an optimistic perspective could view the recent improvement in TSR as indicating that the business itself is getting better with time. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. For instance, we've identified 2 warning signs for Porch Group that you should be aware of. If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of companies that have proven they can grow earnings. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
News.com.au
12-06-2025
- Business
- News.com.au
Tony's Takeaway: Playing for profits
Tony Locantro has been a client advisor/investment manager in the stockbroking industry since 1998. He's focused on the small cap and emerging companies with a strong interest in identifying those in the mining, biotech and industrial sectors that offer growth potential. He also delves into the psychology of speculation and provides regular insights on a number of social media and finance related outlets. This week, Tony looks back on some investing words of wisdom and how he sees it applying towards a couple of his favourite stocks in Red Metal (ASX:RDM) and Saturn Metals (ASX:STN) that he thinks could be ready to go uptempo amid the ups and downs of speculative investment. While Red Metal is a Stockhead advertiser at time of publishing, they did not sponsor this content. The views, information, or opinions expressed in this video are solely those of the author and do not represent the views of Stockhead. Stockhead has not provided, endorsed or otherwise assumed responsibility for any financial product advice contained in this video. Viewers should obtain independent advice based on their own circumstances before making any financial decisions.
Yahoo
10-06-2025
- Business
- Yahoo
Meme Cryptocurrency Shiba Inu Is Down 85%. Should You Buy the Dip, or Run for the Hills?
Shiba Inu delivered one of the best returns in the history of financial markets during 2021, but the token has since lost most of its peak value. Shiba Inu will have to overcome some major fundamental hurdles before it can stage a sustainable rally from here. 10 stocks we like better than Shiba Inu › A frenzy swept the financial markets during 2020 and 2021, as global governments poured trillions of dollars' worth of stimulus into their economies to counteract the effects of the COVID-19 pandemic. Interest rates also plummeted to historic lows, which forced investors to take more risks in the hunt for a return on their money, and it led to wild swings in everything from stocks to cryptocurrencies. Shiba Inu (CRYPTO: SHIB) made a name for itself in 2021 because it ended the year with an eye-popping gain of 45,278,000%, which would have been enough to turn a perfectly timed investment of $3 into $1 million. It was one of the best annual returns in the history of the financial markets, and since the meme token has no utility in the real world, it was driven entirely by speculation. Unfortunately, speculative frenzies never last, and Shiba Inu has since plunged by 85% from its record high. But positive sentiment is creeping back into the crypto markets this year, so should investors buy the dip, or run for the hills? Shiba Inu's main problem is a lack of adoption. For a cryptocurrency to rise over the long term, it must be considered as a legitimate store of value among investors (like Bitcoin), or it needs a true use case to drive demand. Since Shiba Inu is down 85% from its record high, investors clearly have little faith in its ability to hold value. And according to crypto directory Cryptwerk, just 1,072 businesses accept it as payment for goods and services in the entire world, and if consumers can't spend the token at their favorite stores, they have no reason to own it. Shiba Inu developers launched a Layer-2 blockchain solution called Shibarium in 2023, which eliminated some of the clunkiness and costs from the legacy Ethereum network upon which the meme token is built. The goal was to make Shiba Inu more attractive as a transaction mechanism, but it did little to increase adoption or lift the token's price. It isn't the first time developers have tried to light a spark under Shiba Inu with innovation. They launched a digital card game called Shiba Eternity in 2022 to draw attention to the meme token, and they even started building a metaverse where tokens can be used to customize digital plots of land. The metaverse launched an early access program at the end of 2024 after years of development, but there are no signs to suggest it will move the needle. President Donald Trump is leading one of the most pro-crypto governments in U.S. history, but it hasn't been enough to lift Shiba Inu out of its slump, despite sending other cryptocurrencies like Bitcoin to new highs. The president established a digital asset stockpile earlier this year, where the government will store cryptocurrencies it has seized from criminals. He even appointed a heavily pro-crypto chairman to run the Securities and Exchange Commission (SEC), who might reduce red tape to pave the way for new use cases for tokens like Shiba Inu. A lack of adoption isn't Shiba Inu's only headwind, because a significant supply problem might also stand in the way of another historic rally. There are 589.2 trillion tokens in circulation, so at the current price per token of $0.0000127, Shiba Inu has a market capitalization of $7.3 billion. Simple math dictates that if the price per token were to reach a more traditional level like $1, then Shiba Inu's market capitalization would be $589.2 trillion. In other words, it would be worth more than all of the wealth of every person, business, and government in the world, which stood at $454 trillion at the end of 2022, according to UBS. Many Shiba Inu community members have tried to rectify the supply issue by "burning" their tokens, which removes them from supply forever. The easiest way to participate is by sending tokens to a dead wallet where they can never be retrieved. In theory, the price per token should rise in proportion to the number of tokens burned, so it could be a legitimate path toward $1 for Shiba Inu. While burning Shiba Inu tokens could lead to higher prices in the future, it doesn't actually create any value. If every investor participated, any price increase would be offset by their reduced holdings. In other words, their net position in terms of value would be exactly the same as it was before. In order to create sustainable value over the long term, Shiba Inu will have to find a true use case to entice consumers, businesses, or investors to buy tokens. There has been very little progress on that front in the five years since the meme token was created, and there is nothing in the development pipeline right now that looks capable of changing that. As a result, the path of least resistance is probably to the downside for Shiba Inu, so investors might want to avoid it at all costs. Before you buy stock in Shiba Inu, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Shiba Inu wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $669,517!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $868,615!* Now, it's worth noting Stock Advisor's total average return is 792% — a market-crushing outperformance compared to 173% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 Anthony Di Pizio has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Ethereum. The Motley Fool has a disclosure policy. Meme Cryptocurrency Shiba Inu Is Down 85%. Should You Buy the Dip, or Run for the Hills? was originally published by The Motley Fool
Yahoo
09-06-2025
- Business
- Yahoo
Forget Dogecoin. If You Want a Low-Cost, High-Upside Cryptocurrency, Buy XRP Instead
Dogecoin is down 40% for the year, while XRP has been one of the top-performing major cryptocurrencies of 2025. XRP has proven utility, while Dogecoin is still just a speculative meme coin. XRP has higher upside potential than Dogecoin, which has never traded higher than $0.74. 10 stocks we like better than XRP › Now that Elon Musk is finally leaving the Trump administration, it's time to forget about Dogecoin (CRYPTO: DOGE). While there was hope earlier in the year that the billionaire tech titan might be able to help push up the price of this meme coin, that simply hasn't happened. For the year, Dogecoin is down a whopping 40%. But all hope is not lost. There are plenty of other options if you are looking for a low-cost, high-upside cryptocurrency. My favorite pick right now is XRP (CRYPTO: XRP), which is up a modest 6% for the year. Here's why you should consider it for your portfolio. Dogecoin has always been -- and always will be -- a meme coin. Moreover, it was created as an internet joke, so it was never meant to be serious. The only way Dogecoin can increase in value is through hype, buzz, and speculation. Musk's brief tenure in the White House is proof of that. Even though he had no direct role in any of the White House's crypto policies, the mere fact that he created a government-adjacent group called DOGE -- the same as the ticker symbol for Dogecoin -- created quite a bit of hype and speculation that something big might be coming for Dogecoin. But nothing ever did. In contrast, XRP has real utility. In other words, you can actually use it for something of value. XRP is primarily used as a bridge currency. As such, it can be used to facilitate cross-border transactions, as well as to convert one fiat currency (such as the U.S. dollar) into another fiat currency. All of this runs on the XRP blockchain, and is supported by Ripple Labs, a San Francisco-based tech company that has been around since 2012. XRP's blockchain technology has already been embraced by large financial institutions as a way to move money around the world in a way that is cheaper and faster than with traditional financial tools. Ripple CEO Brad Garlinghouse has even suggested that the XRP payment network might eventually become even bigger than SWIFT, as it is adopted by more and more global institutions. During the previous crypto bull market rally, Dogecoin soared in value seemingly overnight. It was the first-ever meme coin, and investors piled into it, hoping to become crypto millionaires. But that was four years ago. In May 2021, Elon Musk appeared on NBC's Saturday Night Live at exactly the moment when many people thought Dogecoin was headed to the moon. Dogecoin never made it to the moon. In fact, it couldn't even reach escape velocity. Dogecoin reached an all-time high of $0.74, and never recovered. Today, it's trading for $0.20. Never once in its history has it ever broken the $1 mark. In contrast, XRP has already shown its tremendous upside potential. Yes, it was flatlining around the $0.50 mark for much of 2024, but it then suddenly went parabolic after the U.S. presidential election. At one point, it was up as much as 600% after the election. Granted, XRP has cooled off considerably since then. It's now trading for just $2, and is down nearly 35% from its 52-week high earlier in the year. But it's still one of the only top cryptocurrencies up for the year. Analysts and investors remain bullish on XRP's long-term prospects. It could easily double in value, to regain its all-time high of $3.84. Some even think XRP might soar in value to $10 or higher. I get the allure of Dogecoin -- it's cheap and it's fun. But investing in Dogecoin just doesn't make sense, especially when it's down 40% for the year. At a time of maximum global macroeconomic uncertainty, the last thing smart investors want to be holding is a dog-themed meme coin with a funny name. A better option would be XRP, which is still relatively cheap -- just $2, less than a cup of coffee these days! And, at times, XRP trades much like a meme coin. Just a hint or whisper of something big coming for XRP is often enough to send it higher. But at least XRP has some utility to it, and has much higher upside than Dogecoin over the long haul. If you are choosing between XRP and Dogecoin, this one's a no-brainer. Before you buy stock in XRP, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and XRP wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $669,517!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $868,615!* Now, it's worth noting Stock Advisor's total average return is 792% — a market-crushing outperformance compared to 173% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 2, 2025 Dominic Basulto has positions in XRP. The Motley Fool has positions in and recommends XRP. The Motley Fool has a disclosure policy. Forget Dogecoin. If You Want a Low-Cost, High-Upside Cryptocurrency, Buy XRP Instead was originally published by The Motley Fool Sign in to access your portfolio
