Bram Berkowitz of The Motley Fool identifies Bitcoin as the superior investment choice over Dogecoin, citing the former's "digital gold" narrative and institutional adoption. Berkowitz, who holds a position in Bitcoin, argues that Bitcoin remains the top pick in the sector despite recent market volatility.
Bitcoin neared $125,000 per token in October 2025, following President Donald Trump’s victory in the 2024 election. Trump pledged to make the United States the global crypto capital and signed executive orders benefiting the asset, including the creation of a U.S. Strategic Bitcoin Reserve. He also urged Congress to pass legislation facilitating Bitcoin investments in retirement accounts. These measures have streamlined engagement for mainstream financial institutions and institutional investors.
The core argument for Bitcoin rests on its finite supply of 21 million tokens, positioning it as a long-term hedge against inflation. While some investors view it as a store of value akin to digital gold, others note that Bitcoin often trades like a high-growth tech stock. Berkowitz observes a correlation between Bitcoin and gold price movements over the past five years, though he acknowledges it is not an exact match. He believes the digital gold narrative offers Bitcoin the best chance for success, particularly among younger, internet-native investors who may prefer it over physical gold.
In contrast, Dogecoin, created in 2013 by two software developers as a joke, has struggled to maintain relevance. Although the token went viral with celebrity endorsements, its viral following has declined in recent years. Berkowitz points out that Dogecoin lacks a clear use case and its network offers no technical advantage over competitors. With thousands of meme tokens now available, distinguishing Dogecoin has become difficult. Its price tends to move in tandem with the broader crypto sector rather than standing on its own merits.
Berkowitz notes that the crypto sector has shown signs of recovery after a difficult year characterized by profit-taking and soaring bond yields. He suggests that investor interest may have shifted toward artificial intelligence and quantum computing, drawing capital away from crypto. However, he believes the sector could rebound from current sell-offs, as it has done in the past. He views potential congressional regulation of the sector as a positive factor for larger cryptocurrencies.
The analyst dismisses Dogecoin’s appeal, stating he has never understood its value proposition given the lack of utility and waning interest. He concludes that only a few large cryptocurrencies are worth buying at this time, with Bitcoin leading his list due to its perceived status as a store of value.