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Rick Gilchrist
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What do you think about the future of Dogecoin— is it a good investment?

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The dogecoin is a relatively new cryptocurrency that has been on the news for some days. I personally heard about it when Elon Musk tweeted something about it on Twitter.

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  1. This cryptocurrency coin was created without any serious prospects, but now this is far from the case. Dogecoin is a cryptocurrency based on Luckycoin and it designed to be a more affordable alternative to Bitcoin or Litecoin, or other cryptocurrencies. You can find a lot of articles about it on internet anyway.

  2. From what I can tell Dogecoin has a good developer community and gets transacted a lot, but it’s mostly a fluke because it got a lot of publicity in the early stages of its existence due to it being a joke. The transactions it carries out are mostly micro-tips among people who like to use Dogecoin as a toy. It might stick around for a while in its own niche, but I don’t see an important need it fills better than anything else out there to rise above the rest in the long run.