Post
Topic
Board Altcoin Discussion
Re: Will Dogecoin have a future?
by
Abiky
on 01/09/2018, 23:02:35 UTC
Dogecoin has been my favorite alt coin for quite a long time.

Same. Dogecoin was one of my first altcoin investments since I've started with Bitcoin back in 2014. At that time, it was popular and a lot of people were promoting and using it. However, that excitement fell off, as other altcoins emerged with newer features and cheaper fees. Due to the fact that the original devs have abandoned the Dogecoin project, now it's considered by many as a speculative cryptocurrency. There's no use in hodling Dogecoin for the long term as its price becomes cheaper each day. This is probably because of the near infinite supply of the cryptocurrency.

For these and many other reasons, It's hard to say if Dogecoin would have a bright future or not. Only true believers of the cryptocurrency (like me) would be confident that the same would have a future no matter what. If it's still traded on many exchanges, with a decent trading volume, then I guess that it'll be here to stay for years to come. Of course, development and innovation is important here, but it shouldn't matter if the cryptocurrency doesn't have any serious issues to tackle. Just my opinion Smiley