Dogecoin: Why Is Everyone Suddenly Talking About This Cryptocurrency?

Everyone talking about Dogecoin even Elon Musk and Mark Cuban

Have you been wondering why everyone is suddenly talking about dogecoin?

Read this article if you want to know why dogecoin is the most talked about investment in the ENTIRE world right now, why Elon Musk, CEO of Tesla only supports dogecoin and why billionaire Mark Cuban, owner of Dallas Mavericks said he will never sell ANY Dogecoins. 

Companies that accept dogecoin payment
List of companies that accept Dogecoin payment

Dogecoin is in the best position to be the peer 2 peer and business payment system for the world. 

Dogecoin is fundamentally the same as Bitcoin and Litecoin, with fast transfer speeds and very few fees compared to other cryptos and is already being used in many businesses. There’s currently a petition right now asking the billion-dollar company called, Amazon to start accepting this trending cryptocurrency.

Related: How to Buy Bitcoin in Sydney Like a Pro

Theres an annual supply cap of 5b mineable coins. If you think of crypto being used for world transactions – that’s over tens of trillions of dollars a day – billions of coins is not enough to handle that load. 

For a crypto to handle that much transactions, you would need over a trillion coins and based on dogecoins 192b supply and 5 billion supply cap per year, it would take 174 years for dogecoin to get to that amount. 

Dogecoin supply can’t increase fast enough to even get anywhere NEAR being over supplied. Not so soon. That’s the future of dogecoin most people aren’t talking about.

We’re talking nearly 900 years for dogecoin  to be at a supply that equals what the US gets in taxes alone for only 1year. 

So Doge’s “unlimited supply” claim will never affect anyone and the claim that the supply amount hurts the value of the coin is FALSE.

Related: Monero Mining: Full Guide on How to Mine Monero with GPU with Monero (XMR) Coin News & Reviews

Don’t believe these people who spread lies and say you’re buying a coin with no value. They’re just trying to push the price down so they can buy lower. If you are considering buying bitcoin, here’s a step-by-step guide on how to buy bitcoin.

If you believe in cryptocurrency and you are ready to take the risk involved in investing and trading cryptos, it is time to buy dogecoin. 

In subsequent articles, we will show you how to buy dogecoin without being scammed.

Emenike Emmanuel
Emenike Emmanuel is a multiple award-winning blogger, CEO of Entrepreneur Business Blog, Chief Evangelist of Ebusinessroom Ventures, and the Lead Coach of an online community of over 12,000 business owners called, The Excellent Entrepreneurs' Network. He’s here to help you start, manage and grow a profitable and sustainable business using digital marketing strategies. Follow him on Facebook, Twitter, Instagram, LinkedIn & Pinterest with this handle, @emenikeng. Telegram group - | Email: [email protected]

You may also like

Comments are closed.