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Review on Dogecoin by Hank Boofly
Doge!
Dogecoin is a strange project. Initially, it had nothing special and I think people loved it because of the funny design. It was easier to mine Dogecoin than Bitcoin or Litecoin at that time and I think it was another driver of the coin's popularity. In recent years the dynamics of Dogecoin were good for traders — when other cryptocoins were going down, paradoxically Dogecoin's price was going up. It saved some traders' funds.
Pros
- Strong community
- High liquidity
- Low fees
- Fast transactions
Cons
- The project is no longer supported by the creators
- The lack of original functionality
- The supply is not limited
- No whitepaper on the website
