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Review on Dogecoin by Long Minh

Revainrating 4 out of 5

Despite Dogecoin’s long-standing statue in the cryptocurrency space, there are…

Despite Dogecoin’s long-standing statue in the cryptocurrency space, there are more promising cryptocurrency projects out there whose coins have more potential to “moon” than Dogecoin. Hence, if you are going to purchase Dogecoin, in the hope that the Dogethereum Project will boost its price, it should be a rather small holding in your crypto asset portfolio.



Pros
  • It has a block time of 60 seconds that is much faster as compare to other cryptocurrencies and the difficulty retarget time is four hours.
Cons
  • Dogecoin is an inflationary coin.

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