1 Level
18 Review
88 Karma
Review on Dogecoin by yasin yıldırım
My impressions of Dogecoin
It was a currency that was launched for entertainment purposes but suddenly became popular. The reason it was popular was because it had fewer competitors. As it was one of the first cryptocurrencies, it gained value in a short time. Because the number of competitors was very small. Too many cryptocurrencies have emerged today and doge coin cannot be distinguished from this much money. There was an extremely high sale of Dogecoin and it lost serious value. I think the decline will continue. I think Dogecoin will fall in the long run
Pros
- Low fees in transactions
- Has too many users
Cons
- It does not make much profit
- their competitors are too many
