Thanks to Tesla CEO Elon Musk, the "master of goods" in cryptocurrency field, the animal series coins have been successfully released. Since the beginning of this year, Musk has been shouting on his Twitter: "We don't need to be billionaires to have dog coin", "I don't drink too much, I don't feel depressed, I only have dog coin in my heart".
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However, after studying it, the opinions of insiders are almost polarized: some people say it is a bubble, others say it is a miracle. No matter what the final outcome of dog coin is, I have seen the basic characteristics of some varieties that have become hundred times or even ten thousand times in digital currency from its growing experience so far. Dog coin is popular all over the world and has risen many times. I think the advantage of DOG COIN lies in the ecological construction besides the advantages of dog coin itself. The first reason why DOG COIN is popular is that it has a good community foundation and the overall environment is very civilian. It tells us that digital currency has to rely on consensus value in addition to technical value.
Next, let's take a comprehensive analysis. As a new thing, blockchain has a huge gap in user base compared with Internet users. How do inpiduals participate in blockchain, how to train more blockchain users, how do blockchain institutions get users' attention. Therefore, the traditional concept of "community" has been mentioned and valued by more and more people in the blockchain ecology, and community construction has begun to become a battleground for military strategists in various blockchain institutions. At present, the development path of DOG COIN is similar to that of dogecoin, and both of them grow and develop through community culture. In analogy, DOG COIN is more like a "new dogecoin" in Ethereum era /DeFi era, which not only brings the blockchain spirit of fair start, strong consensus driven by community and celebrity marketing to the extreme, but also explores the combination with hot fields such as DeFi and NFT. DOG COIN's goal is to build a big ecology, that is, to build a strong community and consensus first, and then launch a product, namely an exchange, which makes users who have already held coins settle down.
Ordinary users can buy DOG COIN at every turn to make up for the sense of loss when they step into dog coin, while new users who rush into the market under the encryption boom are more convenient for the psychological needs of the public, making it more convenient for the development of civilians. The public is also more willing to buy cheap tokens psychologically.The convergence of small amount of money makes it have a large number of currency-holding addresses (there are also a large number of currency-holding users who do not bring money to their wallets due to handling fees), which also drives up the price, thus triggering the collective consensus within the circle.
The second reason is that DOG COIN has fully considered the inflation rate. With the increase of years, DOG COIN's inflation rate will become lower and lower, and its value will become larger and larger.
DOG COIN, the future is promising and you deserve it!
