Dogecoin Isn't Going to the Moon -- but These Stocks Are

In particular, retail investors can't seem to get enough of Dogecoin (CRYPTO: DOGE), which they believe is "going to the moon" -- an implication that it'll skyrocket higher. In reality, Dogecoin's primary catalysts have been social media hype and misinformation, with very little in the way of tangible catalysts. For example, Dogecoin might be nominally inexpensive at $0.29 per token, but it's not exactly cheap if you consider that 130 billion tokens are outstanding.