Cryptocurrency as a whole continues to amaze us, but sometimes there are some super incredible events in the world of crypto that just blow our minds. As of late, none are more impressive than the popularity of Dogecoin.
Let’s be completely clear here: no one, and we mean no one, thought that Dogecoin was going to do what it did. The actual creators themselves made the cryptocurrency a complete joke. Now, several years later, it’s skyrocketed in popularity to become one of the most highly-valued cryptos on the market.
As someone who wants to invest in cryptocurrency, you’ll want to consider Dogecoin as a viable option. But what’s so special about this mysterious joke coin that’s turned into a trending icon? Read this article to find out why you should invest today!
1. There’s No Limit to How Much You Can Make
One of the first things to know about Dogecoin is that your earning potential is limitless. Most other forms of crypto have a certain amount of total coins that exist, and they rarely (if ever) modify this number.
Dogecoin doesn’t do this. Instead, it’s completely open-ended, meaning that there are an unlimited amount of coins that can be made. Feel free to collect all that you want!
What is the max amount of Dogecoin?
Since DOGE blocks are created at 1-minute intervals, it is as responsive as a blockchain. Because there is no limit to the number of coins that can be produced, inflation can grow unchecked.
2. Elon Musk Is Behind It
If you’re a big fan of Elon Musk, this is all the more reason to start investing. Musk is well-known for his role in creating and establishing multiple inventions and companies, including his famous Tesla line, PayPal, and The Boring Company. Now, he’s playing a major role in the growth of Dogecoin.
Earlier this year, Musk stated that Tesla would not only recognize Dogecoin but would accept it as a form of currency in their company. The statement brought the currency to the attention of the world, and it hasn’t looked back since.
3. You Can Purchase It Anywhere
Crypto has exploded onto the scene, and many types of cryptocurrency can be found on a ton of trading platforms. Now, Dogecoin’s popularity has allowed it to make a home on several different platforms as well.
These days, if you have a smartphone, you have a way to grab up some Dogecoin. You can access this crypto from big names, including eToro, Robinhood, Gemini, Crypto.com, Coinbase, WeBull, and more. Just download the app, make an account, and start buying up some Dogecoin today!
Has this article caught your interest with Dogecoin? Before you start investing, you might want to learn a bit more information before making your first purchase. You’ll be well on your way to owning a powerful investment!
Buy a Bit of Dogecoin Today
Investing in Dogecoin is a great way to get started in the crypto world and earn a potential return in the near future. Make sure to check out the rest of our site to learn more tips and tricks you can use to climb the ladder to success!