21Shares Study: 1% Dogecoin Boosts Crypto Portfolio Returns

A new analysis by crypto investment firm 21Shares reveals that adding just 1% Dogecoin (DOGE) to a Bitcoin-based portfolio can significantly boost returns, without increasing overall risk. The study, which involves both Bitcoin and Dogecoin alongside traditional assets like stocks and bonds, demonstrates the positive impact of incorporating a small allocation of DOGE. According to the report, ‘A modest 1% allocation to Dogecoin (DOGE) could significantly improve portfolio returns without meaningfully increasing risk’, according to the firm’s official research report.