Dogecoin (DOGE) $DOGE
For a parody coin, DOGE saw insane gains
#Dogecoin was created as a lighthearted parody of Bitcoin. It features the Shiba Inu dog from the “Doge” internet #meme as its mascot and has become known for its friendly and humorous community.
We included Dogecoin in this list to show a project with bad fundamentals, but still amazing past performance.
This should show that a strong community and marketing story can be a huge influence on the (short term) price of an asset, even if there is no real use case yet.
Market Capitalization: High
Trading Volume: High
Liquidity: High
Use Case/Adoption: Bad (as a so called meme-coin there is no real use case for DOGE yet, although some speculate that Elon Musk will introduce it as a payment standard in the future)
Tokenomics: Bad (no supply on maximum amount of token and constant inflation)
Development Team: Bad (withdrew from the project a long time ago)
Community Support: Great
Security & Transparency: Medium (similar to Bitcoin but with less miners and therefore lowered security)
Performance: Great (very volatile and strong influence by the actions of Elon Musk)
Do you hodl #DOGE
Like Comment & Follow - You Will Learn Free + (Weekly #Giveaway Post Pinned on my Feed Get Yours Before it Ends 🚀🎁)
