$DOGE Dogecoin is a meme-based cryptocurrency that started in 2013 but has since become one of the most widely recognized digital assets. Its main strengths are strong community support, very fast transaction times, and low fees, which make it practical for small payments and tipping.
However, Dogecoin has no fixed supply cap, meaning new coins are continuously created. This puts long-term inflationary pressure on price compared to assets like Bitcoin. DOGE’s price movements are also heavily influenced by market sentiment, social media trends, and endorsements (notably from Elon Musk) rather than purely by fundamentals.
In summary:
• ✅ Strong community & high liquidity
• ✅ Fast and cheap transactions
• ❌ Inflationary supply
• ❌ Highly volatile and sentiment-driven
It is often better suited for short- to medium-term trading than long-term value storage
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DOGEUSDT
Perp
0.096
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