Review on Dogecoin by Naomi Ilani
Dogecoin Should Work On It's Market Value
Tge Dogecoin is a cryptocurrency that was found out of fun, leaving the dog Doge as the mascot of the Dogecoin. It was founded in the year 2013 by Jackson Palmer, an Australian manager. The Dogecoin, although having a low market value has gained popularity around the world due to many reasons like it's transaction fee which is very low. The Dogecoin is usually used for gambling due to its low market value and shouldn't be an investment option. Presently, the Dogecoin has no limit to the number of coins that can be mined, making it's mining as much as you can take and reducing inflation. I think in a matter of time, Dogecoin would rise in it's market value and should be acquired in a great number so as to enjoy it's returns in the future
Pros
- The coin is very popular
- Charges cheap transaction fee
Cons
- Has a low market value amidst it's popularity and should be worked on so as to retain it's popularity
New products
Comments (1)
October 19, 2020
Doge coin is one of the oldest crypto coins and still continues today. Even if it is issued for joke, it is now seriously bought and sold and traded in stock markets with a high volume. Doge coin is generally used as an investment in mining systems, but I do not think its value will rise too much in the future because if its supply is too close, it may increase in value.
