What are the main strengths and weaknesses of Dogecoin as a cryptocurrency?

[Mireme]

What are the main strengths and weaknesses of Dogecoin as a cryptocurrency?

[Dnepre]

Dogecoin has fast transaction speeds, processing over 30 transactions per second with a new block every minute, making it far quicker than Bitcoin https://livewell.com/finance/evaluat...y-of-dogecoin/. Its inflationary supply means the blockchain continuously generates 10,000 new coins per minute, allowing ongoing circulation. Weaknesses: The unlimited supply can limit long-term scarcity value, and as a memecoin, its price can be highly volatile and influenced by social media hype. Investors should weigh the convenience and community support against potential risks before trading DOGE.