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RE: Why Do People Keep Buying Doge?

in LeoFinance4 years ago (edited)

It is not my favourite, it is just interesting to me. I have followed Doge for a long time and its the underdoge, everyone expects less from it than it deserves. Every doge has its day, and that day is today.

"December 08, 2013, 06:48:23 AM
Everybody Why? Much laughing?
Doge very prize nobel economics"

"Starting september 2014, dogecoin is merge mined with litecoin." https://dogecoin.fandom.com/wiki/Dogecoin

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"So merging mining with dogecoin would make both litecoin/dogecoin almost impossible to 51%" https://www.coindesk.com/charlie-lee-proposes-merged-mining-litecoin-dogecoin “[It] doesn’t merge the blockchains, the clients, economics of the coins, the dev team, or the communities. All it does is make it so that you mine both coins at the same time, and secure both coins at the same time.”

"Dogecoin was the most valuable cryptocurrency" on Dec 16 2013
https://heavy.com/tech/2013/12/dogecoin-coinmarketcap-update/ "The Market Capitalization of Dogecoin was Briefly 2.8 Trillion Dollars"

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Today's Doge market cap, as high as it is, is just 0.01 what it was that day.