I have been hearing about a lot of fraudulent altcoins out there.
Personally have been eyeing Dogecoin for a while to purchase as an altcoin. However,
I believe I came across an article that called them fake. The thing is the article did not
go into any further details.
All I want to know is if Dogecoin is a legitimate investment into altcoins? Help me
Crypto-world, what do you think?
Doge coin is already inactive/dead coin for about 2.5years which means there is not development going on,It was created just for fun a meme coin which doesnt have any use in the market,its morelikely a copy of bitcoin which has faster transaction confirmation and lower fees.Now tell me is that a good investment? no active developers and had been dead for years?if you will find more if you did your research.
Actually, developers participation and full support with their coins helps to cultivate of what they created. It looks like Doge is just ignored by devs that bring this coin into dead. Investing this dead coins it simply gives you nothing in return and is just a waste of time for you, maybe you should take o look for other coins rather than of having this sleeping coin.