Why do people invest into dogecoin? I have been asked that question many time, I believe that it is worth a thread. Let's get right into it right now.
I am also one of those who ask why people invest in doge.
First, it is ranked in the top 15 cryptocurrency. Secondly, it is so cheap that if it has a slight growth, you will make A LOT. Basically, right now it is not even worth $0.01. The potential in this coin is so huge.
I don't think it's in the top '15' anymore. It's ranked as 19, according to coinmarketcap.com.
Dogecoin has various use, but I wont list it.
Other than being a way to escape Bitcoin high fees and delays, I don't think it has any other usages.