DogeCoin - Something is wrong with the crypto-market
Joke Cryptocurrency Hit $2 Billion
Dogecoin - is perhaps the most controversial altcoin on the market today.
It was created back in 2013 as a joke and on Monday, its market cap hit $2 billion, which left even the DogeCoins founder a little concerned about the state of the market.
It’s difficult to predict how much the current crypto bubble will inflate, or when it’ll burst. The burning question is this: Once the cryptocurrency price bubble pops and takes all the hype with it, will the community be able to recover the energy it needs to build real, innovative technology once again?
I've been following this coin for almost two years now and one thing i noticed is the growing community, they were already big before since a lot of people think is FUN and was maybe the first coin that focused on helping people and doing donations.
Honestly i think its has the right value now for a coin that has been around for the beginning and the people and comunnity give the vaule behind it due to their usage.
If I'm not mistaken they have like 190K followers on twitter and 100K user on reddit its pretty huge. I think doge found its niche and it's working pretty good.
But i also agree that the market being pumped pushes the value of every coin.
You could have done some good profit if you bought it two years ago :) I am trying to stay out of that kind coins..