Is Doge Coin is Not a good alt coin to invest?

in #bitcoin6 years ago (edited)

I come across so many people that do not consider Doge Coin a good investment at all.

There main argument is that coin is created by a joke ( so it is joke coin) and original developers already left the project.

My Counter argument is that since this coin is still in circulation even after developers left it shows how much community supports it. Coin has wide circulation with very cheap transaction fees , so it is good coin to do transaction.
It do not have any staking and Master-nodes concepts so it eliminates my fear of somebody dumping big stack of coin and can disrupt the price.

One additional advantage of this coin is that it is cheapest coin that allows you to do trade in most of the exchanges.

Overall I am in favor of this coin, Is anybody else here share my view?

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