In my view the potential of dogecoin is that it allows fast and very cheap transfers among exchanges. Sending BTC or even LTC between exchanges is somewhat expensive and not instant. With dogecoin is cheap (18-100 satoshis as of now) and instant.
Yes, supply guarantees its price will go down. But I cannot go down too fast while there are lots of people buying doge to send their coins from one place to another.
Although it is also true that some value is lost in the transfer, as you'll usually have to sell them cheaper than you bought them
Yes, supply guarantees its price will go down. But I cannot go down too fast while there are lots of people buying doge to send their coins from one place to another.
Although it is also true that some value is lost in the transfer, as you'll usually have to sell them cheaper than you bought them