Cryptocurrency Dogecoin is already an adult cryptocurrency, was created in 2013. Despite its humorousness, cryptocurrency Dogecoin attracted a great public interest in cryptocurrency, thanks to its emblem. This popularity is measured in the capitalization of the project, which reaches $500 billion dollars.
It is very difficult to talk about the prospects of cryptocurrency Dogecoin, because investors value this tool as a training tool for novice investors. We will not hide, when we just got acquainted with the sphere of cryptocurrency, we first bought coins Dogecoin, which in the course of 1.5 months, of our 100 dollars made almost 300. This investment opened for us the world of cryptocurrency as a very promising and highly profitable investment market.
Unfortunately, serious investors do not evaluate Dogecoin as a promising and necessary digital tool. There are two factors, that can affect the growth of the value of DOGE coins. The first is the influx of new investors, who stumble to articles about the prospects of Dogecoin, looking for promising coins. The second is the linear growth of the cryptocurrency market as a whole.
At its peak, the cost of Dogecoin was equal to $0.017359, but now it has rolled to $0.004601, respectively the rate has dropped by 400%. Expect the growth of the value of DOGE to the level of $1 by the end of 2018, probably not worth it. We believe that the maximum that will subdue this cryptocurrency is located in the range of 5-7 cents per coin.
As we have already said, this kind of digital money was our first investment experience in cryptocurrency. We kept it on the wallet Kriptonator, which is probably the first resource used by novice investors. If you do not want to buy a cryptocurrency on your wallet, you can buy them on the exchange; the link to the site with the lowest commissions is here.
This is how we see the future of cryptocurrency Dogecoin, which, despite its comic, has gained worldwide fame and love of Internet users. If you are only joined to the number of investors of the digital industry, then Dogecoin is the tool that will be an excellent option for training.
That’s all, thanks for the attention. If you liked this article, you can share it in your social networks or mark it in the comments.