Review on Dogecoin by Mihajlo Skundric
Dogecoin - explanation and my opinion
For those of you who still haven't heard about Doge coin, DOGE coin is an open-source digital currency that was created by Billy M.
The first time I heard about this coin was thanks to one of the most influential people in the world, Elon Musk, who actually made the crypto value much bigger than what it was just through his social networks and other influence.
Buying dogecoins can be a great way to get started with cryptos, especially because its value is not very high at the moment and everyone can afford a larger number of it. When crypto coins use mining, more materials are used to produce the graphic cards, and more fossil fuels are burned to create electricity for the graphic cards. The question is whether it will be worth it, because we can not know how doge will move. but becuase of his value is not that big risk and thats why this crypto is good, not just for begginers, but also for everyone who have buisness instict. In addition to being supported by most popular exchanges, most crypto wallets also accept dogecoin. Doge's network allows very quick transactions, making it one of the best payment methods
Pros
- Used on almost every platform
- Promise big value in the future
- Elon Musk encourages his value
Cons
- Popularity can make his fall
