By Tekazahn - 27.01.2020
Is dogecoin worth investing in 2019
By , over billion DOGE coins were in circulation. Its value has jumped on many occasions since and it now has a market cap of over. Is Dogecoin cryptocurrency's greatest joke or is a real investment? Plus, it is worth noting that the community around Dogecoin do not want it to be used In eToro launched their cryptocurrency trading platform and its.
The Altcoin was originally developed as a joke and parody of the serious Bitcoin community.
Both thought that crypto currencies should also be about fun and not just about money.
Therefore they decided to found Dogecoin, which was published on 06 December Dogecoin DOGE is based on Litecoin and, unlike other crypto currencies, did not aim to develop a groundbreaking technology or coin with a very high value.
Jackson Palmer has reduced the block time to one minute Litecoin has 2. With Dogecoin Supply rising very quickly to over billion coins and Dogecoin now having no limit maximum supplythe Internet currency has source remained affordable, so DOGE is actually used is dogecoin worth investing in 2019 currency within is dogecoin worth investing in 2019 vibrant community, click of simply holding DOGE as an investment.
The abolition of the maximum circulation, which made DOGE an inflationary currency, certainly contributed to this. The price for a single coin should therefore be kept constantly low or rise only very slowly.
The current price of DOGE can be checked in our price chart.
If is dogecoin worth investing in 2019 would like to follow the courses of Bitcoin and Ethereum or 2, other Altcoins, take a look at our course overview. An unexpected success After Dogecoin was published in Decemberit is dogecoin worth investing in 2019 within best crypto debit cards 2019 first two weeks already to place 15 of the largest crypto currencies by market capital.
After two months, Dogecoin was already in the Top 5 with a total capitalisation of over 80 million US cryptocurrency to invest 2019 new in at times.
The success lasted more than https://magazin-review.ru/2019/mine-bitcoin-on-android-2019.html and a half years until Dogecoin was pushed out of the Top 10 in mid by numerous newer and more ambitious projects.
The reason for is dogecoin worth investing in 2019 is certainly that since the release a is dogecoin worth investing learn more here 2019 and large community with many loyal fans has developed around Dogecoin.
This also explains why Dogecoin is still in the top 25 by market capitalisation in October.
Even though the crypto world has become much more mature and adult, the fun coin still finds followers who remain loyal to DOGE.
A friendly and active community In his early years, Dogecoin attracted particular attention with his charitable and sometimes witty fundraising activities. Palmer was against is dogecoin worth investing in 2019 his currency of jest. So he himself never collected large quantities of Dogecoin and always refused to get into the see more. In an interview in Aprilhe said that the crypto currency market increasingly feels like a bunch of white liberal brothers squatting around hoping to get rich and coming up with half-cooked, is dogecoin worth investing in 2019 business ideas that often fail in an attempt to do so.
Many years later, in JanuaryPalmer even said in another interview that Dogecoin is symbolic of the worrying developments in the crypto currency market.The Future Of Dogecoin Is it worth investing in? Review
Roadmap and further developments of Dogecoin With this statement Palmer addresses a sore point of Dogecoin. Dogecoin has not released a single update since Work continues on Dogecoin.
However, it is only part-time volunteers who further develop DOGE. Release 1. Although there is a friendly and active community, there is no professional development.
Dogecoin is a crypto currency that actually deserves its name currency. In contrast to other crypto currencies, it is actively used by a large community for paying and is less regarded as an investment.
As a long-term investment, however, DOGE is less suitable as it is inflationary and very unlikely that DOGE will present exciting new features in the future that could boost the value of the coin.
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