What is the Dogecoin DOGE, and is there any development potential and prospect in the future?

The Dogecoin doge is an old coin that came out in 2013. After years of development, it has not yet returned to zero

The Dogecoin doge is an old coin that came out in 2013. After years of development, it has not yet returned to zero. It has a market value of more than 2 billion. How can Dogecoin be rated?



In fact, the birth of Dogecoin was attributed to a joke. The logo of Dogecoin is a Shibata dog. The Shibata dog in those days was a celebrity, well, a famous dog. As a popular image on social media, almost everyone around the world knows it. Why don't you make a fake coin with this dog? So the Dogecoin was born. The marketing expert's thinking is also very clear: Dogecoin is for fun, so Dogecoin is the main tip culture. This misplaced competition has brought long-term vitality to the Dogecoin.



The promotion of Dogecoin in China mainly depends on a man named Gan En. This person specializes in promoting Dogecoin, and it is said that he holds billions of Dogecoin. At the beginning of its establishment, the total amount of Dogecoin was 100 billion, and the annual inflation rate was set at 5%. The total circulation in 2019 has reached 119 billion. From the perspective of unlimited total amount, Dogecoin has no investment value. Because Dogecoin is produced by mining, if you don't mine, your Dogecoin will be diluted all the time, and the value you hold will be declining. In the early years, when the number of Dogecoin users was small, the unit price was only a few cents, and only a few yuan could buy 10000. I remember that only 6 yuan could buy 10000. In the same year, I spent more than 100 yuan to buy hundreds of thousands of Dogecoin, mainly for receiving orders, and more and more people bought them. And now the unit price has exceeded 1 cent, skyrocketing hundreds of times. I don't know who is holding Dogecoin.



No matter how high your martial arts are, you are afraid of a kitchen knife, two fists are difficult to beat four hands, and the aroma of wine is also afraid of deep alleys. Only excellent marketing can truly promote a digital currency. Skilled? Does not exist. The code of Dogecoin completely imitated the token of Bitcoin at the beginning, but modified the parameters such as total amount, block output time, and block output quantity. That is to say, whoever has a loud voice and is skilled in marketing should make a fortune. Jiang En has been promoting dogs for years, and he deserves to make a fortune.

In a word, the total amount of Dogecoin technical dishes is unlimited, but the misplaced development of consumer culture has not disappeared in the competition, but has mixed the market value to more than 20 high positions. I think it is very good.

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