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1 Level
40 Review
24 Karma

Review on Dogecoin by Aniruddh Ravel

Revainrating 3 out of 5

Dogecoin

It started with a joke…. But it became serious business. Eventhough the founder of Doge is perceived to be a shady figure, the Doge has a substantial track record and a large, loyal following. Although Doge is not the most serious project, I wouldn’t personally qualify it as a scam tbh, certainly not on the scale at which real scams are infecting the crypto space. Not a scam at all in my eyes, but I wouldn’t invest my life savings in it either. Just my 2 sats.



Pros
  • Started with joke but still have great market cap and currently doge rank is 34
  • Dogecoin has lower value which helps in tipping and gaming currency
  • Dogecoin has faster confirmation times and fees is also low
Cons
  • Dogecoin twitter also post joke like memes
  • Not good for investment also not listed on major exchanges

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