Dogecoin is a cryptocurrency that was created as a joke. The doge meme with the dog’s face and inner thoughts of “such wow” has been popularized all over the internet, so it’s no surprise that people have taken this meme to a new level by creating a digital currency based on it. This article will explore 9 reasons why you should buy Dogecoin today!
What Is Dogecoin: The Introduction
Dogecoin is a cryptocurrency that was launched in 2013. Today, there are many different cryptocurrencies, but Dogecoin hasn’t lost any of its popularity and has had an incredible year with its value skyrocketing (more than 300%)!
Anyone who bought some Dogecoins when they were worth next to nothing years ago would be very pleased right now if they sold them for more than $0.01 each, let alone $0.02 or even 0.03 cents which you could have purchased; at the beginning of 2017!
So what makes Doge so special? Here we will go through ten reasons why you need to buy dogecoin today:
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Mining
Mining on the dogecoin network is now easier than ever as there are plenty of pools available with lots of different features.
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The Dogecoin Community
The community surrounding Doge has remained extremely supportive and helpful throughout many years, making it a great choice for beginners to cryptocurrency in general! With that being said, there is no better time than today to purchase your first doges, given its recent price surge.
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Technology
Dogecoin uses the same technology as bitcoin, which means it is highly secure and scalable.
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Micro Payments
Due to its low transaction fees, dogecoin has become very popular in micro-payments (you can send $0.01 or even less using doge).
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Faster Transaction Time
The confirmation time on a single block mined by doges network takes only one minute! This makes it perfect for merchants who require fast confirmations when it comes to receiving payments via cryptocurrencies.
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Cheaper Transaction Fees
Dogecoins transaction fees are much lower than other cryptocurrencies making this an excellent choice if you’re looking for cheap transactions with no restrictions whatsoever!
It also provides great flexibility regarding payment options since there are no pre-defined limits. There is also no maximum limit for the number of coins that can be mined, and there will always be new dogecoins being created!
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Dogecoin Price Surge
The price of dogecoin has risen considerably in the last few months. Many experts believe it will continue to increase over time as more people start buying them as an investment or simply as a well-deserved appreciation from those early adopters who have held onto their dogecoins!
Buy your first doges today!! With that being said, there is no better time than today, given its recent price surge.
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Trading Pairs
Doge is now available on almost every single cryptocurrency exchange, which means that you can buy or sell your doges at any given moment!
Furthermore, trading pairs with BTC, ETH, LTC, etc., ensure that you have a diverse portfolio containing multiple cryptocurrencies rather than just one coin!
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Future Projects
There are always exciting projects being launched. Moreover, these apps could revolutionize how we use blockchain technology further down the line, so having some coins placed into these new platforms might prove very profitable indeed!
How To Buy Dogecoin?
Dogecoin is a decentralized, peer-to-peer cryptocurrency that enables you to send money online easily. Think of it as “the internet currency.” Dogecoin is like Bitcoin, but based on Litecoin and faster!
You can buy dogecoin on online exchanges. Moreover, you will need to open a wallet (online) to keep your mined coins in and then use conversion apps if you wish to convert them into Bitcoin or other cryptocurrencies.
You can think of DOGE as more of a fun currency designed to make micro-transactions between people easy (i.e., tipping content creators).
It’s also great for making donations when sites don’t have donation buttons available!
The Bottom Line
We also love this coin for its community spirit, which has continued to develop over time. The Dogecoin Foundation is a non-profit organization that intends to bring cryptocurrency awareness and technology to those who are less fortunate around the world!
The coin itself can be used as currency on multiple websites, including online casinos & sports betting sites giving you even more reason to buy some doges today before it’s too late!
