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Review on Dogecoin by Hank Boofly

Revainrating 4 out of 5

Doge!

Dogecoin is a strange project. Initially, it had nothing special and I think people loved it because of the funny design. It was easier to mine Dogecoin than Bitcoin or Litecoin at that time and I think it was another driver of the coin's popularity. In recent years the dynamics of Dogecoin were good for traders — when other cryptocoins were going down, paradoxically Dogecoin's price was going up. It saved some traders' funds.



Pros
  • Strong community
  • High liquidity
  • Low fees
  • Fast transactions
Cons
  • The project is no longer supported by the creators
  • The lack of original functionality
  • The supply is not limited
  • No whitepaper on the website

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