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Review on Dogecoin by Jesus Adrian González

Revainrating 4 out of 5

Dogecoin Review

It could take a long time to just talk about Dogecoin as it is a favorite cryptocurrency. I will start by saying what everyone already knows, it is one of the oldest cryptocurrencies and its creation is linked to a funny story of a meme. Although its market value is very low, it is considered one of the most important in the world, it also has an excellent volume.
Although this cryptocurrency has some drawbacks, it can be mined, obviously if you are looking for a very good advice. Dogecoin is traded on most exchanges and stored in almost all wallets worldwide.
I mostly use this cryptocurrency for gambling in the casino and other less important things, since I prefer to mine other cryptocurrencies such as Bitcoin or Ethereum. Dogecoin transaction fees are usually very low.
In my opinion, this cryptocurrency should fix certain things, I think it's great that it has no extraction limit but I don't like that it has certain drawbacks when doing so, if its mining situation improves, I'm sure its value would improve.



Pros
  • It is considered one of the most important cryptocurrencies today, obtaining a very good volume
  • found on multiple exchanges and wallets worldwide
  • It is mineable with no extraction limit and is accepted as a form of payment in different online casinos
  • Although its creation was in the form of a brama, it has been a success
Cons
  • what I don't like about this cryptocurrency is its value, since it is trading at an amount well below 1 dollar
  • cryptocurrency presents certain problems when mining it

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