Dear Steemit users,
If you ever traded in cryptocurrency, you must have heard of the cryptocurrency called Dogecoin. Dogecoin which is infamously dubbed the "joke coin" because it was named after an internet meme called Doge. This meme became popular during 2013 and has since become well-known even to this day.
This has caused many people to treat this coin unseriously. But since its surge in November 2017, this "joke coin" has seen a steady increase and at its peak had over 2 billion dollar market cap with its ranking placed within the top 50 cryptocurrencies. This justifies that Dogecoin cannot be viewed as a "joke coin" as it has great earning potential. Although prices of Dogecoin have dropped severely since early January 2018 along with other major cryptocurrencies, Dogecoin holder have preserved. There is a common saying among Dogecoin holders that motivates them, which is "1Doge=1Doge", this unique statement keeps them from selling Dogecoins during hard times.Their hard work has paid of and Dogecoin has seen a steady increase this week, in fact if you invested all your money in Dogecoin 7 days ago, you would instantly be 55% richer today.
In conclusion, Dogecoin has serious potential and I urge viewers who still view Dogecoin as a "joke coin" that this view is no longer valid.In fact, maybe you should consider investing in Dogecoin. Thank you for your time.
