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Review on Dogecoin by Albert Smith

Revainrating 3 out of 5

It has been attracting attention for a long time

I'd want to point out that Dogecoin started out as a joke currency that evolved into a peer-to-peer open-source platform. Dogecoin, which has been existed for a few years, is becoming increasingly popular among its rivals. It is important to note that it is designed to improve digital payment and electronic currency systems.

You should also be aware that the blockchain network's security has been repeatedly questioned by scammers and hackers. The best thing about Dogecoin, in my opinion, is its lightning-fast block times. Aside from that, even small investors benefit from low transaction fees.

It might be made suited for all forms of payments and general use. Real-world applications, such as bill payment, are also available.

Updated 3 years ago
Rating changed from 4 to 3
dogecoin became one of the most popular currencies in the world this year due to the support of elon musk. This issue has caused more attention to this cryptocurrency than before. However, due to the sharp rise in the price of this currency in recent times, the cost of transactions has increased significantly compared to the usd rate, which is bad news.



Pros
  • It gained a lot of attention.
  • It's quite fashionable.
  • It has a robust web presence.
Cons
  • Elon musk dominates this currency price

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