Cryptocurrency Q&A Can Dogecoin become limited?

Can Dogecoin become limited?

CryptoChieftain CryptoChieftain Sun Dec 01 2024 | 7 answers 1928
I'm wondering if Dogecoin, a cryptocurrency that's been gaining a lot of attention recently, has the potential to become limited in its supply. Could its availability be restricted in the future? Can Dogecoin become limited?

7 answers

SakuraWhisper SakuraWhisper Mon Dec 02 2024
Over a 260-day period, Dogecoin's historical volatility has been nearly double that of Bitcoin.

Was this helpful?

348
70
CryptoPioneer CryptoPioneer Mon Dec 02 2024
Dogecoin differs significantly from Bitcoin in terms of its supply mechanism.

Was this helpful?

175
63
WindRider WindRider Mon Dec 02 2024
While Bitcoin was intentionally designed to have a finite supply, Dogecoin has no such limit.

Was this helpful?

257
99
EchoChaser EchoChaser Mon Dec 02 2024
This volatility makes Dogecoin a risky investment, as its value can fluctuate widely.

Was this helpful?

365
47
isabella_cole_psychologist isabella_cole_psychologist Mon Dec 02 2024
This unlimited supply weakens the argument for holding Dogecoin as a long-term investment.

Was this helpful?

252
92
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts