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Doge Token (DOGET) markets itself as the green version of Dogecoin, and its market cap has surged by well over 2,000,000%. These numbers are not to be taken lightly by crypto investors. However, there is a lack of coverage in the media about this investment opportunity.
With this in mind, we thought it would be helpful to release an article explaining the key things you need to know about DOGET. We explain what the project is all about, what its future investment prospects are, and if you should buy Doge Token today. In addition, we list the two best places to buy Doge Token in the UK and elsewhere to help you get involved as quickly as possible. Scroll down to get started.
How and where to buy Doge Token online
The best place to buy DOGET crypto is an online cryptocurrency exchange. While some crypto investors opt to buy altcoins through a decentralised exchange (DEX), we feel brokers offer the best blend of low fees, easy-to-use interfaces and quality customer service.
To buy DOGET coin, simply choose a broker, sign up, deposit funds, and search for Doge Token. Enter the number of tokens you want to buy and execute your transaction. To save you some time, we have listed our two top picks below:
eToro
eToro is a multi-asset investment platform with more than 2000 assets, including stocks, ETF’s, indices, commodities and Cryptoassets. eToro offers over 14 Cryptoassets to invest or invest in their CryptoPortfolio where investors can benefit from the accumulated growth of Bitcoin, Ethereum, XRP, Litecoin and other leading cryptocurrencies. eToro users can connect with, learn from, and copy or get copied by other users.
AVATrade
Ava Financial Ltd operates the AvaFX and AvaTrade forex brands and all business associated with them. The company has a branch office in Dublin, Ireland, which enabled it to get an operational license from the Irish authorities.
Register with AVATrade instantly
What is DOGET?
Doge Token markets itself as a green and efficient version of Dogecoin. In the long run, it aims to offer high speed and low-cost transactions on the blockchain without making any compromises on security. Some crypto investors feel it is now the primary token of the Stellar network.
The green crypto narrative has grown increasingly fervent in recent months thanks to Tesla CEO Elon Musk’s choice to reverse his decision on allowing Bitcoin for Tesla transactions. This is likely to remain the case until the entire mining/proof-of-work (PoW) consensus is more energy-efficient and uses greener power sources.
Should I buy Doge Token now?
Right now, it is really hard to quantify the fundamental value of this project given its early stage of adoption. Essentially, investing right now is more about market sentiment and technical analysis than anything else.
If you think you can get a strong enough read on the technical indicators to anticipate where DOGET coin will go next, it could be a good opportunity to trade Doge Token. Moreover, if you believe in the long-term meme potential of the Doge Token project, and you think its rather topical green thematic can be monetised effectively, buying and holding DOGET may be a good move.
However, if you are looking for a more stable and predictable investment with less risk attached to it, DOGET tokens may not be for you.
In terms of the positives, DOGET has:
- A very low price, meaning you can buy more tokens for your money
- Low and fixed supply
- Runs on the Stellar Network (making operations fast and cheap with no miners needed)
- ISO 20222 compliant (an ISO standard for electronic data interchange between financial institutions)
- A potential match for Starlink and wider world access to money
DOGET price prediction
Our Doge Token price prediction will have to remain nebulous for now. It is almost impossible to accurately quantify the value of cryptocurrency projects like this; there are simply too many unknowns and variables at this early stage, and extraneous forces of social-media-driven sentiment can quickly manipulate an altcoin’s price beyond all recognition.
However, we can certainly see DOGET coin continuing a strong rise, at least in the short term.
Social media reacts to $DOGET
I don’t think much further IMO. Getting in at .31$ isn’t bad but, I’m more attracted to Doge Token ( $Doget )which are at .0033$ and the primary token of the Stellar Network.A small investment nets thousands of tokens which should reach $1 easy once they launch. Bigger upside
— Nizuul (@Nizuul) June 11, 2021
$DOGET DOGETOKEN to the mooon! Limited supply just 10 billion tokensSince 2019Based on Stellar Network50k hodlers30 million usd market capdoge
— God is everything (@serna615) June 12, 2021
We might be hearing about @DOGE_TOKEN very soon… #dogetoken #dogetothemoon pic.twitter.com/iJcFVIWjK5
— Andrew Caya (@AndrewSCaya) June 13, 2021
#dogecoin #dogearmy #altcoins #Dogecoins #doget Time to diversify in all things Doge? Doge-Token may be worth a peek. Has been stabilizing and now poised for a move. Doge Token $doget is greener, requires no miners to process transactions and for network security. Just my opinion pic.twitter.com/YGxjpnHHhL
— $DOGET-DogeToken (@droppingk) June 10, 2021
For more on Doge Token and other red-hot cryptocurrencies, make sure you check out our crypto news page.
The post Where to buy DOGE Token: DOGET skyrockets in value appeared first on Invezz.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.