On which platforms can DogeCoin (DOGE) be bought and sold?
How it works: for what purposes can DogeCoin (DOGE) be purchased?
The best thing about Dogecoin? Even a little knowledge of Bitcoin will help you understand how the currency works, and when it comes to the actual use of Dogecoin, it can be used as if you were using US Dollars or any other type of currency. The main difference is that Dogecoins only exist online, and can never be held or exchanged as paper money. Although all Dogecoin exchanges are public information, the names behind each transaction are known only to the people involved. This way, while you may be able to see that a Dogecoin transaction has occurred, and you can verify the amount of Dogecoin exchanged, you will have no way of knowing who was at the end of these transactions. Just like Bitcoin
Our review: should we buy DogeCoin (DOGE)?
Like any other cryptocurrency, Dogecoin is sensitive to extreme volatility and speculation, but that said, Dogecoin experienced substantial growth in 2017. Its market capitalization reached $2 billion in January 2018, and the meme-based token began to attract media attention like never before. Although Dogecoin has a peer-to-peer payment use case and a dynamic and active community, there is not enough information for you to claim whether you should invest in Dogecoin. It is another crypto currency that wants to establish itself as a means of payment. We don’t see why she would triumph over Bitcoin. It’s hard to see a massive adoption of a token based on a joke.However, if there is only one lesson we can learn from the Dogecoin project, it is the importance of building a community. The token has long been rejected as a joke by the cryptocurrency elite, but Dogecoin is far from obsolete thanks to its strong community of people who simply want to see the coin succeed and gain value. Joking or not, Dogecoin was able to accomplish something that few tokens can do. It has been in existence for almost 5 years, which evokes a certain respect. A Dogecoin analysis also adds color to the current crypto-currency landscape. This simple token does not claim to be anything other than what it is: a peer-to-peer digital currency. Among the thousands of pages of white papers, complex theories and pedantic explanations of the cryptomonnaie market, Dogecoin is a rarity – and his community loves him, so we don’t necessarily advise investing, but we keep a certain respect for this cryptomonnaie