Review on Dogecoin by Vladimir Zecevic
Money make the world go round
Firstly I did not even thought there was a need to review this alt coin, but for someone that STILL haven't heard of DOGE; Doge coin is the open-source digital currency was created by Billy M. from Portland in December of 2013.
At first it was used mostly for betting and as a rewarding system for creators on Reddit and Twitter. Just recently, big investors like multi-billionaire E. Musk and owner of basketball club Dallas Mavericks, M. Cuban, have started pumping money into this project and it peaked at $0.6428 on 8th of May 2021.
Right now, the price dropped to about $0.3 dollars, but Musk recently told the media he have plans for DOGE to climb back again. Apparently, plan to harness the heat generated by mining DOGE for him is a "great idea" and he hopes that will help DOGE get back on track.
Meanwhile, the fears of everyone owning, or planing to own this coin is that 20 wallets hold nearly 50% of all DOGE Supply, so every of those can change DOGE dramatically.
Although, trading with this coin is not safe by any means, many people have found success with it. Waiting for the right time can really result in accumulating large amounts of money, so if you like risk with a potentially big reward, try investing in DOGE.
Pros
- Can make you a millionaire; some people already became
- Some people just like to own it
Cons
- Not a smart investment; very risky
