Dogecoin is at a critical moment of his trip. It has exceeded its origins well as the same Internet and gains in recognition as a potential tool for global payments. The introduction of institutional products, the creation of a reserve and the development of the market infrastructure all indicate a more serious and structured future for Doge.
If the community and the foundations can maintain the momentum, attract more companies and respond to concerns related to supply, cryptocurrency could become an important player in the payment space. Although he cannot replace the main currencies, he could find a solid niche in microtransactions, online advice, funding of funds and payments based on social media.
Prices volatility, competition from stablecoins and the possibility of lowering media beating could all affect long -term success. For Dogecoin to really become the next great thing in world payments, he must prove that he can go beyond his memeric origins and operate as a stable and largely accepted digital currency.
