the only good thing about doge is large community, the coin born as a joke and stay as a joke, there is no guidance or inovation in this coin, and we dont forget about the infinite supply, too much coins in total supply is a real barrier to prices grow up..
In my opinion dont worth any investiment for long term
I also hold a few coins for fun gambling and keep saying... "wow, such gambler, much bets, and so on" this is the funny part about doge..
In my opinion dont worth any investiment for long term
I also hold a few coins for fun gambling and keep saying... "wow, such gambler, much bets, and so on" this is the funny part about doge..
Yeah. Sadly, the Dogecoin has no real development or innovation to get it going. It has real uses and community support though, but it will stay behind other altcoins which have better features and active development.
But despite the facts, Dogecoin serves as a great experimental cryptocurrency where anyone can join in due to its inexpensive nature. No matter if its use is for gambling, tipping, micropayments or others, it will always be a cryptocurrency that can be spent easily without having to lose anything.
Due to its high supply and inflationary model, Dogecoin is bad for long term investments but good for short term investments and quick profits. If you keep that in mind, you'll be able to make good use of this old but well-known cryptocurrency. Just my thoughts.
