As a peer to peer open source platform, Dogecoin started its journey as a joke currency. Although it has been less than 5 years, Dogecoin is in this market; it has already earned a positive reputation among the competitors. It was created to replace the traditional form of online electronic cash and make digital payment easier. Although the security of blockchain technology is always questionable, Dogecoin has never been hacked or attacked by the scammers.
The block times are exceptionally short. Besides, fast and negligible transaction fees help even the micro investors to complete small trades frequently.
Usability to complete any kind of online payment makes it accessible for general use. Also, you can exchange it with other cryptocurrencies.
Real-life implications like paying bills have added more value to its business.
Dogecoin is the top cryptocurrency to fiat rapidly, and also keeping fees is close to invincible.
It has already engaged a large community. It is already handling some great projects which clearly shows the roadmap and increase the demand as well.