Dogecoin The People's Cryptocurrency

By SoyRass | Cryptoworldstandard | 1 Sep 2021


Dogecoin is one of the most loved and hated cryptos by people in the crypto community.  The people that love it want to see it go to the moon because of memes and pushing the coin to 69 and 420 numbers in the price are followed by cheers of the fans of the coin.  While the haters are usually mad because Dogecoin is doing better than the coin they are currently holding.  Doge is meant to be a fun introduction into cryptocurrency and it has built itself a massive community that lives by the slogan Do Only Good Everyday, it is a great community of people and crypto is all about the community behind it.  

 

 

The people behind Doge?  We have a lot of notible alies. you can't say Doge without thinking about the man who wants to put a phisical Dogecoin on the moon, one of the richest men in the world Elon Musk.  The future is bright for Doge with the people behind it a lot of people see a bright future in this coin.  Elon Musk loves tweeting about Dogecoin and he is working closely with the developers of the coin to possibly make it the future currency of Earth.  On the other hand we have Mark Cuban who is currently implementing the usecase of Dogecoin as a currency accepting the crypto in exchange for Dallas Mavericks merchandise.  He says out of all the cryptocurrencies he accepts Dogecoin is the one people choose to use as currency.  This is understandable as by design Dogecoin is as close to a currency as you can get down to it being inflationary just like most currencies encouraging people to spend the crypto unlike others which encourage people to hold.  Also Dogecoin has low transfer fees making it accesible to use for everyday purchases and the Dogecoin developers are working on making those fees close to 0 to encourage people to use it more.  Personally I can see myself choosing to use Dogecoin over other cryptocurrencies when it comes to the currency aspect of crypto and with the fun community and everything else about it I can see why many other people also choose it over the other options.

 

 

 

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