Review on Dogecoin by Shahana Parveen Khan
Honest Dogecoin Review
In the year 2013, Billy Markus and Jackson Polmer introduced Dogecoin as a very fun and friendly system of payment they wanted to create.
Many user want it as an alternative coin. On online platforms like twitter and Reddit, it is used to exchange many substantial items such as a cryptocurrency transaction. These platform also allows users to send dogecoins to other users via commands and comments.
Initiated with a supply 100 billion , it was extended to be doubled within a span of two decades. Several cases has been discovered where people or employees or the computers of some institutions mine dogecoins.
Dogecoin is ranked 6th amongst the cryptocurrency . It is highly volatile and unpredictable so its value cannot be predicted within a decade or two decade therefore it can be considered a good investment for long term goals.
Pros
- Day Trading Doge is profitable
- Dogecoin scales relativity
- Engage social media platforms faster than bitcoin
Cons
- Lower power security
- Fewer payment processes
