Review on Dollarcoin by David Olayide
The Dollarcoin Cryptocurrency
Have you heard of the Dollarcoin (DLC) cryptocurrency before? If not, then you should know that it is a cryptocurrency that is way different from the legal tender used by the United States of America. This coins is quite different from the US dollar coin because it is actually a virtual coin and a cryptocurrency.
Users are able to generate DLC through the process of mining which means that the Dollarcoin supports mining through the PoW mechanism. DLC currently has a maximum supply of 10.6 Million. From the look of things though it appears the coin is not really much of a big presence on the international market.
I had to take a look at the statistics to figure out the performance of the cryptocurrency in the global market and I was not impressed by what I saw at all. The market capitalization was quite low. Add this to the fact that’s only very few people use the coin, and you can see that I am somewhat right.
Naturally I will advice investors to be careful so they don’t lose funds to ba
d investments with little or no future at all.
Pros
- DLC can be mined
- Utilizes the PoW mechanism
Cons
- Not popularly adopted
- Low market cap
- Might not be worth investing in
