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Review on Dogecoin by outsider trader

Revainrating 4 out of 5

DOGE the unlimited coin!

You might ask why I did consider Not Having a Project a Good thing, that's because Projects have limit of value, when something has no limit it can goes for infinite.
Also DOGE has a beautiful algoritm that can provide inflation to a system, scarcity systems are good but not better then a inflationary system, they are like brothers.
DOGE is prepared to be a good coin for transactions and low fees. The only issue seems to be the miner Asics needs, but at the same time, there is a good work for Bitcoin miners when DOGE finnaly gets Big Enough and become profitable for then.

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Pros
  • Cheap Fees for transaction
  • Good Transaction velocity
  • No limit of suply
  • Minerable
  • Not limited by a project
Cons
  • Doesn't sounds serious
  • Many DOGEs are concentrated in few hands
  • Only Minerable by ASICs

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