Dogecoin is something of a legend in cryptocurrency circles. What started out…
Dogecoin is something of a legend in cryptocurrency circles. What started out as little more than a joke based on a popular Internet meme soon gained traction.A coin that started out as a joke really hard to be considered as a serious investment.
Pros
Dogecoin was launched in 2013 and is still around in 2018 shouldn’t be sneezed at. That’s a long time in the world of cryptocurrencies and helps DOGE achieve legitimacy and credibility that other coins don’t have.
Cons
The more merchants and people who accept DOGE as a form of payment, the greater the demand for the currency. However, unless Dogecoin can find support on a much wider range of platforms, this could place a limit on any price rises.