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Review on Dogecoin by Chinemere Unegbu
Dogecoin is a decentralized, peer-to-peer digital currency. It enables you to…
Dogecoin is a decentralized, peer-to-peer digital currency. It enables you to easily send money online. Think of it as "the internet currency. It featuring a likeness of the Shiba Inu dog from the "Doge" Internet meme as its logo. Dogecoin is casual in its approach but is gaining wide acceptance for online transactions. It is a decentralized virtual currency and uses peer-to-peer technology to carry out its operations.
Pros
- Dogecoin is a fun, new and rapidly growing form of digital currency. This form of digital currency is called "cryptocurrency"; a type of digital currency. ... You can use it to buy goods and services, or trade it for other currencies (both other cryptocurrencies or traditional currency like US dollars or Euros). Dogecoin deals with large numbers of coin that are lesser in value individually, making the currency more accessible with a low entry barrier and fit for carrying out smaller transactions.
Cons
- less stable less mature not widely accepted less secure
