Like it or not, cryptocurrency is one of the most significant developments in the twenty-first century. From humble beginnings, crypto will surely change the way we do business and help develop business outside of government control — which is where it can truly shine.
Many people have made good money by investing in cryptocurrency. But with over 10,000 currencies out there, how is one to know which cryptocurrency to invest in?
This article will walk you through a few reasons why you should buy dogecoin cryptocurrency, and make the argument that dogecoin news suggests that dogecoin is one of the best cryptocurrencies to invest in.
- Dogecoin Has Cultural Power
Dogecoin was originally started as a parody cryptocurrency. It’s named after the popular meme “doge”, a cute dog who speaks in broken sentences with poor syntax — much investments, very cryptocurrency, etc.
However, after users discovered its ease of use, dogecoin took off in meme culture much like the meme it’s named after. It rose in prominence, and then, the unthinkable happened — Elon Musk showed his support.
Elon Musk tweeted about how much he enjoyed dogecoin, causing tons of people to buy shares, causing the price of dogecoin to skyrocket. Some people made a lot of money on this.
While dogecoin isn’t quite as popular as it used to be, a click of a button from Elon Musk or another high-level celebrity can cause it to rocket up again.
If you’ve been on the internet for a while, you know that memes cycle in popularity. Dogecoin will surely surge in popularity again. Why not buy now while the price is low so you can gain money when it goes up again?
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- Dogecoin is Easy to Use
One of the biggest advantages of dogecoin is its ease of use. It’s a great starter cryptocurrency for anyone looking to get into the world. Through faucets and micro-wallets, someone can easily get themselves into bitcoin investment.
Dogecoin is also famously easy and green to mine. Unlike some cryptocurrencies out there, miners won’t run into any problems with dogecoin, meaning you’re more likely to get approval on your transactions quickly.
- Investing in Dogecoin is Going Against the Grain
On top of the above practical reasons for investing in dogecoin is the simple philosophical reason that investing in dogecoin is investing in the underdog. It’s not the same as getting into an established cryptocurrency like Bitcoin or Ethereum.
If you want to invest in bitcoin without becoming like one of the “bitcoin people” — consider going for dogecoin.
Buy Dogecoin Cryptocurrency Today
As you can see, there are many reasons why it’s a good idea to buy dogecoin cryptocurrency. Dogecoin has a certain cultural power, it’s easy to use, and it’s philosophically different from investing in bitcoin.
It has the practical, the cultural, and the philosophical on its side — what more could you want?
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