---
title: “That’s Our Two Satoshis” — What the Hell is Dogecoin? Optionality and Free Markets
description: DOGE is an option, and that option value rose triple digits last week.  But speculation also leads to leverage, which was once again wiped.  Meanwhile, CHZ shows how digital assets are still thriving even when not being traded.
---

[Arca Blog ](https://www.ar.ca/blog)

# [“That’s Our Two Satoshis” — What the Hell is Dogecoin? Optionality and Free Markets](https://www.ar.ca/blog/crypto-market-recap-04-19-21)

 Written by [Jeff Dorman, CFA](https://www.ar.ca/blog/author/jeff-dorman-cfa) | Apr 19, 2021

[View full post](https://www.ar.ca/blog/crypto-market-recap-04-19-21)

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