The price of dogecoin has surged nearly 25 per cent over the last week amid a broader resurgence of the crypto market. Similar rises in 2021 of this cryptocurrency category preceded major market downturns in 2021, leading some investors to speculate that another collapse may be on its way. Having fallen roughly $50,000 from its all-time high of close to $69,000 last November, bitcoin is seeing more steady gains over the last few weeks. Is this the right time to buy and hold?

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