Review on Dogecoin by Maximiliano Aquino
Dogecoin, the darling, but not so much.
Dogecoin is the most beloved altcoin among cryptocurrencies, I see it that way. But still, its market value is relatively low, as much as it is spoken in the cryptographic environment. One of the first cryptographic currencies, arising from a Bitcoin fork, Dogecoin faces an inflationary problem in its project, as its mining has a relatively low return and the supply of coins is practically infinite, which makes the project even have its disaffections being a project that has fast and low cost transactions on its blockchain.
Pros
- Easy to mine, there are many in their supply, practically infinite
- fast and cheap transactions
Cons
- its almost infinite supply causes an inflationary barrier to appear between its value and its appreciation in the market.
