Dogecoin For Beginners 7
Dogecoin For Advanced 7
Dogecoin Quiz 1
What Makes DOGE So Unique?
Dogecoin is unique mostly in its marketing approach as it is presented as a fun and friendly internet currency. Doge is seen as the joke coin but it is gaining traction more and more with million followers piling up on social media.
Unlike the numerous cryptos and the digital assets that are presented as ambitious and potentially groundbreaking projects, Dogecoin embraced a casual approach and still offers a desirable feature like zero-fees but also instant transactions and a strong community. Even though Dogecoin shares similarities with both BTC and LTC, it has a unique approach that defines it as a user-friendly currency that is perfect for micro-payments and also perfect for social media users, vendors alike, and content creators.
Most times you focus on much on how you mine and use DOGE that you forget to consider the benefits. Appreciating the reality that the coins are the third leading cryptocurrency in the industry is a huge step that will enable you to decide whether you want to invest in them or no. You should not be deceived however by the reality to see Dogecoin as the third leading cryptocurrency.
Doge has other unique traits that you will be able to tell how much longer the coin can dwell in the market. The best thing about it is that the dogecoin transactions will take a single minute to process and are fast making them secure for the users. This cannot be compared to BTC and other coins because they were established before DOGE. As a result, they have enough currency for the transactions that they perform more transactions per minute compared to DOGE. If the coins carry on with their rates, they are twice as fast as those of the other cryptocurrency because they will be on the lead a few years from today.
The supply of DOGE is also unique, the rapid production implies that the network can carry out more transactions at larger numbers compared to the rest of the cryptocurrencies so this is attributed to the fact that the production of the dogecoins is unlimited whereas the one of BTC is limited. Finally, DOGE has a rapidly dropping recompense and they are able to attract more clients to mine and transact with their currency as compared to BTC. This means that DOGE will get even more profitable in time.