Dogecoin (DOGE)

Market Cap

$287,774,454 USD

Volume (24h)

$105,213,816 USD

5.8

SAFETY

Ranking factors:

Markets

How many exchanges are there to trade this coin?

Dogecoin Markets Rank: 33/100
Volume Ratio

How actively is this asset being traded on the market?

Dogecoin Volume Ratio Rank: 37/100
Market Cap

The total cost of all coins available.

Dogecoin Market Cap Rank: 99/100
24h Change

Is the price moving up or down?

Dogecoin 24h Change Rank: 50/100
Social Following

How many users are following this coin?

Dogecoin Social Following Rank: 99/100
Google Trends

How many users are searching for the coin?

Dogecoin Google Trends Rank: 49/100
Twitter Citation

How many users are talking about this coin in Twitter?

Dogecoin Twitter Citation Rank: 85/100
User Voting

How popular is this coin among Cointobuy community?

Dogecoin User Voting Rank: 99/100

Dogecoin investment analysis

Dogecoin has been around for a while now and is still making quite a good return on investment for most of the early adopters who were still able to hold their stash. This asset was introduced in 2013 and was created out of a meme theme.

It’s an interesting remark when we consider cryptocurrencies as efficient micropayment transaction solutions – which goes a long way to solve so many problems that are either hidden or ignored by giant payment gateways.

This market niche happens to be one reckoned with as one of those accident types, which turned out to be something more later on. Mimicking the Litecoin network, it contains most of the features that are also seen in the earlier, and it is expected that this is of advantageous benefits to the platform over bitcoin too.

How to buy?

$0.002341

+36.4%

$0.003192

10/2145

by Safety

1828/2145

by Profit

How to buy Dogecoin?

There are over 200 markets for it and out of emphasis, I must stress that this coin is also among the most tradable assets there are on the cryptocurrency exchange sites. So, it shouldn’t be difficult to get your hands on some when you want to. With top exchanges having sufficient liquidity pools, and pairs to cryptocurrencies like the BTC, ETH, LTC, BCC, USDT, and to fiat like USD, GBP, EUR, CNY, INR, makes the asset quite popular and fluid.

You can buy Dogecoin from the listed exchanges, with few pretty easy steps, you are on your way to adding this asset to your portfolio.

To store your new coin, you could consider options like their official online, or you could download a desktop client that can help you sync with the mainnet anytime you need to make transactions.

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The one good thing about this asset is that it is relatively cheap and has been since inception, which makes one wonder what particular advantage can this coin have over other payment methods.

First, the low cost of obtaining the asset makes it very reasonable and applicable for micropayment services and hence you can invest in DOGE and be assured that you can use it wherever it is accepted. Moreover, the price of the coin is most likely to appreciate as a result of adoption of the usage.

Secondly, as a trading asset, it has shown its ability to double in price and this has become like a pertinent nature. So if an investor were to invest in this coin, he would have both long-term and short-term benefits, depending on his strategies.

Now, while there are many altcoins out there thinking about the big picture of cryptocurrency and how blockchain as a whole is revolutionary and all that, this crypto seems to be one which addresses a major internet need by a unique class of individuals.

It appeals to a certain group of web surfers and content creators who would like to get tipped for information sharing or content creation on the web without necessarily being ‘paid’ for the services being rendered.

So, the next time you go to a restaurant and u feel like showing a gesture to that waiter, remember DOGE.

The accelerated growth of this coin has become something of value to the community, which should not be taken for granted. With a community support strength of over 114,845 subscribers on Reddit who are constantly cheering and hoping for the best in this blockchain product.

While this may be speculation, and I couldn’t emphasize it more; there are rumors that in the near future 1 DOGE could be equivalent to $1 USD and this would be something worth looking forward to. If you can invest now, you would be making so much ROI on as little as $100 worth of investment today. And if by the time you are reading this article the price is already $1 then you know that its potential isn’t capped.

But I must warn you, like every other alt out there, there are many reasons why a cryptocoin exists and a problem they want to solve with a future in sight. With DOGE, its very existence is laughable, but that has not stopped it from soaring, maybe with a little help from the pump and dump activities on the network.

However, what investors who show interest in this project must recognize is the very fact that this crypto has its own niche in the micropayment sector.

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Richie 5/1/2018

I remember when it was just doge, bitcoin and wherein. Now we have an endless list of coins. Very few would have predicted the rise of Bitcoin and other cryptocurrencies toward the end of this year, fewer still may have predicted the dip that occurred shortly after. But a well-known prediction from a reliable source predicted twelve just where the twelve of the biggest cryptocurrencies may head in 2018 and, interestingly dogecoin is predicted to be one of the biggest movers. So I have kept my own stash waiting patiently, like you said, to take care good sniff.

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