Problems with Dogecoin:

1. It does not meet the second function of currency: value storage

2. There is no upper limit on the maximum amount of issuance.

3. Inflation is too high, 5%, which is very, very outrageous.

4. Starting from the 600,000th block, the block reward is constant at 10,000 and will not change, and there is no halving mechanism.

5. There is no mechanism to design difficulty that only increases but does not decrease.

6. Dogecoin is given away for mining LTC coins, which shows that its mining cost is not high, and the value of a currency is supported by the cost.

7. BTC is decentralized (the founder disappeared),

Dogecoin is centralized (Musk controls it).

Summary: So in my personal opinion, Dogecoin has no value in the long run, or I will not invest in projects like Dogecoin.

I am Si Qing. If you want to know the latest information in the currency circle, click on the avatar introduction to find me #BTC $SOL $PEPE