** Why Dogecoin Is A Digital Diamond In The Rough**
- Dogecoin has the second biggest community under Bitcoin. And they are really positive and friendly and that adds much quality and value. This could actually start something viral.
- They give back to the community in charity events.
- Dogecoin and Litecoin use the same algorithm called Scrypt which secures the network. Dogecoin has an extreme advantage that anyone mining one currency on the Scrypt algorithm can also mine Dogecoin. What that means is everyone mining Litecoin can mine Dogecoin which results in an added payout. Because of this Dogecoin has all the mining power of Litecoin. Thus Dogecoin's network is more secure than Litecoin's.
- Dogecoins capacity is 2.5 times greater than Litecoin Dogecoins block size occurs every minute where Litecoins is every 2.5 minutes. Which makes the speed of the Dogecoin transactions much faster than Litecoin's "Lightning Network".
- Dogecoin has passed the test of time as it has been around for 2 years.
- Inflation less than 5% a year.
7.Market Cap 25 million possible 1 billion. Litecoin is currently 150 million. - Manageable downside risk.
- Upside potential far outweighs its's downside.
- Dogecoin is only $250 per million shares. If you are looking for a million dollar score this could be your racehorse.
In summary From the looks of it, Doge is the most active and decentralized of all the alt coins, which are needed because of the possible issues with Bitcoin. Right now, the best reason for using Doge over Bitcoin is that Bitcoin transactions can take a long time and cost up to a dollar for just one transaction, while Doge transactions cost only 1 Doge and are 1.5 times faster than Litecoin. It seems that Doge is the one that is best positioned to be accepted by the marketplace as a titan of the crypto world, due to these really good fundamentals.
Happy investing !