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Stalinabad, Tajikistan.
1 Level
152 Review
24 Karma

Review on Dogecoin by Jesmin Akter

Revainrating 4 out of 5

My simple review about Dogecoin crypto.

A platform that Dogecoin offered for trading and purchasing was tough to locate. I settled at Kraken eventually but it was a huge cost and it did not take much time before it lost half its worth. Very recently, it was susceptible that whales with limitless riches would pump and dump schemes. Some difficult times have occurred for the community, with theft, withdrawal, and general failure to embrace them.



But Dogecoin ownership tends to be highly altruistic, like the notorious "Save Dogemas" event that happened when the non-operator of the Reddit tip decided to rob a hundred million. However, it did not work for Doge and the latest crypto bubble from 2017 and 2020-21 took a difficult divide into value.



Surprisingly, Bitcoin's fluctuations trended fairly similarly until the above described whaling and dumping shinanigan led the Dogecoin value to swing wildly.



Elon Musk and his brief but effective tweets, supporting the value of cryptocurrencies, as well as some coins like Dogecoin and BTC are also credited to his recent price rise.

Pros
  • Very cheap price.
  • This is a fun community.
  • Endorsed by Snoop Dogg.
Cons
  • Options are limited via major exchanges.

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