Everyone must be familiar with Dogecoin

Looking back at the last bull market (2021), in addition to the sharp rise of AXS in the chain game, only doge is more popular than axs

Doge belongs to the pow sector and can only be obtained by mining. Another reason for the surge is that the world's richest man Musk shouted orders on the x platform, which led to a wave of outbreaks in the meme sector

After the outbreak of doge, meme coins often appeared hundreds of times and tens of thousands of times, but if there is no market insight, it is impossible for leeks to buy them.

Doge has eaten a wave of gains in the last round and has been silent. Currently, 0.1 people will build positions at this position

Pow is an important position in the blockchain, which is why I built a position

Pow is a consensus mechanism. The more you pay, the more rewards you get. Common Bitcoin (BTC) and Ethereum (ETHD) all use PoW. Generally speaking, miners can mine through various devices such as CPU, GPU or ASIC, and strive for the right to produce blocks through the computing power of Dali. It is also the earliest consensus mechanism in the blockchain.

This is enough to illustrate the importance of POW in blockchain (it is not difficult to see from BTC)

Doge's current market value is 17.8 billion, and the full circulation market value is low compared to BTC, so I chose to enter the market at 0.1. Compared with other POW sectors, the growth space is higher than other POW sectors

Well, the article ends here. How do you think Doge will perform in the future? Welcome to leave a message in the comment area, and follow me to continue sharing my personal holdings and reasons for entering the market!

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