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Cryptocurrency

In the Volatile Crypto Space, Dogecoin (DOGE) can be a Good Choice

As the traditional market space, the crypto market is volatile too, and it usually builds anxiety among the traders and investors as they do not know where to invest, what to trade, at what time and for what cost. Considering this, it would always be better to have a few currencies which are more reliable to invest or trade despite their volatility. Here, Dogecoin has built a serious reputation, and it has real-world usage which makes it a long lasting digital asset.

Since a recent few days, Dogecoin is getting tipped on the Parjar telegram, and it is undoubtedly helping Dogecoin to enhance its market productivity. Tipping also helps in increasing the coin’s demand in the market and accordingly trading volume gets boosted too. All this eventually leads to an equilibrium in the market. So far, DOGE has been successful in making a positive impact on tipping the market. And after its collaboration with a platform like Parjar, the adoption of the coin would get boosted with extra speed.

Plus, recently one crypto exchange from America has listed this coin which is adding to its reliability and adoption rate too.  The name of this crypto exchange is Vertbase, and this collaboration has helped in putting this crypto coin in a safe zone at least in America.  This must not be surprising to know that DOGE is one of the most traded cryptos and with the recent collaboration with Vertbase, its supporters’ base in the US would get pushed up.

What should attract investors more, is the fact that DOGE has a great utility which hardly any other cryptocurrency has in the market! This utility comes with a security and decentralized core. The coin has gained trust in the market and with more years passing it will get better. Plus, it has real-world utility. It is not just a fancy cryptocurrency which should be looked at as an investment option; but, a currency with a purchasing power attached to its which can be used in the real world and the traditional market.

Investors must pay attention to this factor before investing in any crypto. In case the market has to see worse time, and the bearish trend gets negative that the present trend. Dogecoin would still be present in the market and people would still be trading.

As the blockchain technology is marching ahead into the new era, people will understand its qualities in daily life. No wonder that analysts are expecting to reach $1 in the next few years. So, do not worry if you are HODLer of DOGE. Your investment would pay off.

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Ankita Baruah

Ankita has recently joined the CryptoNewsZ team. She has a Masters Degree in English Language and Literature and 10+ years of experience in dealing with different types of content for print as well as digital media. Writing is her passion. Precision and originality is what she believes in and makes sure she abides by them in her write ups. When Ankita is off work, you will find her engrossed in books or enhancing her culinary skills!! You can also mail her at [email protected] to discuss anything related to her reports.
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