Crypto Coin below $1 #1 Dogecoin

This is a first episode of a series I started to learn about crypto coins valued below one dollar.

If you sort the coins at https://coinmarketcap.com/ based on the coin price you will surely notice Dogecoin with $191,569,860 market cap. I did too, so I started researching on it. This coin was created as a joke , but picked up by the community and increased in market cap.

It is mainly used for giving tips in internet. Also there is no maximum supply cap for this coin making the price stable and less attractive for investment.

Since there is less or no chance of a reasonable price increase over time, as an investor I decided to stop my research on this coin :-)

Learn more at http://dogecoin.com/ . Current price per coin is $0.001733.