Dogecoin is a new cryptocurrency, similar to Bitcoin. It was created as a joke by programmer Billy Markus from Portland, Oregon, who hoped to create a fun cryptocurrency to reach a broader demographic than Bitcoin. In this post, we will talk about few reasons that will incite you to wonder why and how to buy dogecoin.
- Dogecoin has a low inflation rate
Compared to many other coins, Dogecoin does not have a very high inflation rate. Therefore the price is more stable and less likely to drop drastically in one day. For example, dogecoins (Do) inflation decreases after every 100000 blocks, eventually at 0%.
- Dogecoin is an excellent coin for micro-transactions
Micro transactions are small financial transactions that you can perform online with minimal fees compared to Bitcoin. Dogecoins have been created mainly as a currency and not an investment. Therefore they became the most famous cryptocurrency among internet users because of their low inflation rate and high transaction speed.
- Dogecoin is a great coin to use in online games
Dogecoins can be used as an alternative currency on many different platforms, such as the MMORPG game called “Chaos.” In other cases, we have seen people creating new projects and accepting dogetokens (DOG) instead of Bitcoins. As mentioned above, Dogecoins are mainly made for micro-transactions, making them perfect for this kind of activity!
- Dogecoin has a very active community
Dogecoin’s community is one of the most supportive and friendly communities in the world. There are many forums where you can find information, do marketing, or even chat with other shibes!
- Dogecoin was the first coin to have a proper wallet for iPhone
Dogecoin’s community has always been very active, and they were one of the first communities that create a mobile app. They made history by creating an official dogecoins wallet on Apple Store, which is very difficult given their strict policies (only Bitcoin had it before).
- Dogecoin is a cryptocurrency that will never be “discontinued.”
Dogecoin’s community has been very active, and they have created many projects where Dogecoins can be used. As a result, the number of people investing in dogetokens (DOG) increases every day.
- Dogecoin helps people in need
Dogecoins have been created as a joke, but they have become one of the importantcryptocurrencies out there. In January 2014, Dogecoin’s community decided to help the Jamaican Bobsled Team, leaving without funding for their travel expenses. Instead, they managed to raise more than $30,000 in a few days!
- Dogecoin has an ample supply of coins
There are 100 billion dogetokens (DOG) available. This is very important as it makes the coin more stable and less risky in your investments portfolio!
Dogecoin is one of the most popular cryptocurrencies out there. It has become essential for many people in different countries worldwide! Investing in dogetokens (DOG) will help you improve your financial status, don’t wait too long and buy now while prices are still low!
- Dogecoin is an excellent coin for mining
Dogecoins can be mined just with your computer’s CPU. It doesn’t require costly equipment, and it becomes more profitable to mine when you do in large numbers!
One of the most important reasons we should think about investing in Dogecoin (DOGE) is that there are still many people out there who don’t know anything about cryptocurrencies. Shibes will help them to understand how unique this technology is.
- Dogecoin’s community is very supportive!
These reasons are great, but the most important reason we should think about buying some dogetokens (DOG) is that its community is beneficial and will help you solve any problem you might have and is very supportive to anyone in need.
- Dogecoins are easy to use
One of the main reasons many people have started buying dogetokens (DOG) is effortless and straightforward. You can buy them on different cryptocurrency exchanges or even mine them using your computer!
- Dogecoin is trending up
The price of Dogecoin has been increasing very fast lately. Therefore, it’s one of the best cryptocurrencies to invest in 2018!So if you’re interested, go ahead and buy dogetokens (DOG).
Conclusion
Dogecoins are one of the best cryptocurrencies out there. They have a great community, they’re easy to use, and their price is going up very fast. So try out this today.
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