Why should you invest in Dogecoin now?
Dogecoin is a digital currency developed based on Litecoin. Soon, DOGE was ranked as the 20th largest cryptocurrency with a market cap of over $683 million. With an increasing average market income and supported by a strong community. Originally appearing as a joke, Dogecoin was inspired by the trending internet meme, the Shiba Inu dog – which is clearly reflected in the coin’s logo. Dogecoin Potential As? ‘Or what? Why is it necessary? Invest in Dogecoin at the moment? These are the reasons that prove that Dogecoin is not a hoax.
DOGE “speed up” 2018
Recently, there is no doubt that Dogecoin became one of the potential coins with the highest growth rate in 2018, especially in the last 2 months.
This cryptocurrency continues to grow despite the bearish market trend, which shows After all, DOGE investors still take their decision seriouslyalthough some enthusiasts and retail investors have complained about the size of this year’s DOGE.
Dogecoin Crashing All Prospects Or Claiming Real Coins Is Nothing More Than A ‘Joke’when they are called “meme coins”, “joke coins” and “fun coins”.
In 2017 alone, DOGE experienced 35X growth and continues to multiply in the last 2 months despite the downturn in confidence and the downtrend of the market.
In addition, Dogecoin is up more than 80% in the last 30 days with growth on the weekly chart, although it is only up 1.5% in the last 7 days, but this is the result of the tendency to spread towards stagnation. market last week.
Dogecoin and Dogethereum
There is a general consensus that Dogecoin’s price spike was indeed driven by Dogethereum’s announcement. While Dogethereum is meant to be a hard fork of Dogecoin, Dogethereum will eventually become a bridge between them ether and Doge.
This interconnected bridge demonstrates the ability of the development team behind DOGE to enable cross-border transactions on ETH and DOGE using a blockchain “bridge” with the proper name Dogethereum. While the product was still in development prior to official deployment in the real world, the team was able to demonstrate its capabilities in early September.
Therefore, it is easy to see that Dogethereum was one of the contributing factors to the emergence of voices that Dogecoin is not just a “joke coin” but a “joke coin”. is an amazing blockchain project.
Dogecoin can be spent in the shop
DOGE’s main goal is to become an alternative payment method in the form of cryptocurrencies, such as Bitcoin. With faster processing times and lower fees than BTC, Dogecoin offers unlimited micropayments and a global payment experience for DOGE users.
Further evidence of Dogecoin’s potential is the fact that it is part of the growing demand for digital assets that can serve as alternatives to traditional payment methods.
Some of the places where you can actually spend your DOGE are eGifter, AllGamer.net, BitcoinShop, IronRail Diner, Dogeazon, Clean it Supply, Crown Jewels, AFK Outfits, Element 7, Pex Peppers, Bitcoin Jerky, Dogecoin Athletics and many more from donation centers and many retail stores. The list of retailers that accept DOGE as a payment method is expected to grow, but so far the list has confirmed that there is a group of people who already believe in the stability and functionality of DOGE as a payment method. . means of payment.
Dogecoin and DogePal
One of the latest updates from the DOGE team is DogePal, which is a new service launched by the project development team with the idea of enabling payments via email as a unit. DOGE.
The service is connected to the decentralized Dogecoin wallet and the Dogecoin network as a whole, allowing funds to be transferred through unique individual accounts that only require an email address to send payments to others using Dogecoin over the network. The service will keep the community updated on future achievements of this popular Shiba Inu masterpiece.
The main goal of the service is to bring Dogecoin into mainstream adoption, while the team is currently providing free advertising to companies looking to join the network.
This is the potential of Dogecoin, when the DOGE team updates new services and achievements, this cryptocurrency will no longer be considered a “joke”, but will significantly increase its respect in the market.
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