Review on Dogecoin by Diane Tailor
dog money, dogecoin!
The first doge project was a simple project without a specific idea that has now become one of the currencies that many people view as a long-term investment.
doge has low commissions and a large number of coins, and the strangest thing is the infinite production of this coin. This means that this coin never runs out and the number of totol supplies always increases.
dogecoin is supported by most popular exchanges and most crypto wallets also support it. The speed of transactions in the doge network is very fast and this makes it one of the best payment methods (although many places do not currently support it)
Updated 3 years ago
Rating has not been changed
Dogecoin has been the focus of traders in the new year due to Elon musk Twitter maneuvers. For the past 12 months, the currency has risen sharply, but after the fall in the price of bitcoin, it had a relatively sharp drop in price compared to other altcoins. Because these price changes have been made by Twitter posts on it, I think trading on this currency is more risky than other cryptocurrencies.
Pros
- Very famous
- It has long been one of the top 100 in coinmarketcap
- Support on most cryptocurrency platforms
- Network fees are very low and affordable
Cons
- Infinite number of coins
