Header banner
Revain logoHome Page
Tizio Joe photo
Emerald City
1 Level
2 Review
0 Karma

Review on Dogecoin by Tizio Joe

Revainrating 3 out of 5

Finally, a meme you can invest your life savings in!

Wow such coin. So meme.
๏ปฟ
This is a great coin for anyone who bought in prior to Elon pumping it. For everyone else, they are fortunate the bottom hasn't fallen out yet as of the time of this writing for several reasons:
There is no active technical community. The core contributors have moved on.
The whales that own the large majority of the coin seem disciplined in liquidating their positions.
The lack of a technical community means it's actually not at all easy to get started mining; a boon for holders because the lack of a cap on minting new coins.
๏ปฟ
This coin has the potential to become something really great, but it needs to revive its dev community, develop some better rules for market sustainability, and jump through all the hurdles to get itself listed on the major KYC exchanges in the US.

๏ปฟ

Pros
  • Great mascot
  • Pretty cheap
Cons
  • Inflationary
  • Not an active project
  • No technical community around the coin
  • Apparently driven by Musk fans and inexperienced speculators

Similar reviews