The "People's Coin" - Why Dogecoin is Forever
During market downturns I'm always on the lookout for coins that "break from the pack", so to speak -- this week's alpha wolf (alpha dog, sorry 😂) is surprisingly, Dogecoin.
In the past I've expressed skepticism of
DOGE as a tool for getting rich, given that the community's strong emphasis on utility often put the coin at odds with the idea that it's a coin good for speculation. This isn't necessarily a bad thing, however, because its adoption by many businesses out there -- both big and small -- has made it one of the most (if not, THE most) widely utilized coins out there right now.
A lot of people are expressing concerns about inflation right now, but not everyone has the mindset of well, since we're at it, we might as well also get rich. Some investors are just looking to keep what they have, and DOGE is actually a good asset to get if you're looking for something in between say, Bitcoin/Ethereum and USD/USDT.
DOGE may not make you rich, but it's the always reliable, loyal, and dependable friend you'll always have, and that's what this week's quick recovery has shown us so far. Who's a good girl? DOGE is a good girl! (The OG Shiba Kabotsu is a female, btw.)
In the past I've expressed skepticism of
DOGE as a tool for getting rich, given that the community's strong emphasis on utility often put the coin at odds with the idea that it's a coin good for speculation. This isn't necessarily a bad thing, however, because its adoption by many businesses out there -- both big and small -- has made it one of the most (if not, THE most) widely utilized coins out there right now.A lot of people are expressing concerns about inflation right now, but not everyone has the mindset of well, since we're at it, we might as well also get rich. Some investors are just looking to keep what they have, and DOGE is actually a good asset to get if you're looking for something in between say, Bitcoin/Ethereum and USD/USDT.
DOGE may not make you rich, but it's the always reliable, loyal, and dependable friend you'll always have, and that's what this week's quick recovery has shown us so far. Who's a good girl? DOGE is a good girl! (The OG Shiba Kabotsu is a female, btw.)
Похожие публикации
Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.