Review on Dogecoin by jesson rangel
Part of being one of the fastest growing virtual currencies, Dogecoin is…
Part of being one of the fastest growing virtual currencies, Dogecoin is different because it has the support of a charitable community. The Dogecoin community is very famous because it has raised money for many causes and has been able to help the people of the world in various ways.
Currently, it is a currency that has almost no value, compared to other cryptocurrency circulating on the Internet, but has had a not insignificant growth in recent times, and has a market capitalization of more than USD 200 million, so Therefore, there is a great incentive to acquire this currency because with 1 US dollar you can make with more than 500 DOGECOIN coins.
The current world is full of cryptocurrencies, one of them the DOGECOIN, but unlike many this is becoming so popular in the world of the internet, that if you search on google or youtube, you will find a world of information that you will not know where start.
Some of the most famous causes are: the Dogecar or Dogecoin car, Doge4Water, which helps a cancer patient and many other things. Other sites and organizations that accept Dogecoins to receive their donations are: Doctors without borders (help for the Ebola crisis), among others
Pros
- Choose to use the currency of the perritou, it is a good idea this is the second currency with more transactions per day after the bitcoin, besides that dogecoin is different since the established limit of coins was eliminated, this means that an unlimited amount of coins can be used and mined to pay the chests of the clash royale (ok no: 'v), one of the best advantages it has (for me) is that the time of transfer and transaction is very fast, compared to bitcoin or dashcoin etc, besides that the Mining process of this currency is supported by Litecoin which allows these coins to complement each other very well and makes them very safe, the volatility of this currency is very low, since it does not have an established mining limit.
Cons
- Cons the Low value. As is often the case, some consider that Dogecoin's greatest advantage is its greatest disadvantage: its low price. This can be seen as a sign that the currency is not as valuable as Bitcoin and other altcoins. Bitcoin is considered the gold of the Internet, Litecoin the silver, while large amounts of Dogecoin are thrown between users without batting an eye. This could discourage serious investors from investing their money in Dogecoin.
