Assessing Dogecoin’s long-term viability and risk profile: Comparative analysis with Bitcoin and Ethereum

Dogecoin’s return in 2024 was 342%, surpassing Bitcoin’s 115% and Ethereum’s 44% thanks to retail speculation rather than structural escalation. Ethereum's growth is driven by technological advances such as ETF approval and Dencun upgrades, and Bitcoin has also soared to $100,000 due to halving expectations, while Dogecoin relies on social media trends and lacks institutional support. Dogecoin's high volatility and lack of clear utility make it a high-risk asset compared to the basic role of Bitcoin and Ethereum.