I've been buying a good amount of Dogecoin. Personally i have about 260,000 coins so far They have a vibrant fun community that tip each other Dogecoins instead of "liking" things on Reddit.
Current rate is $0.00058 per Dogecoin. ANd I think I read somewhere DOgecoins were the 3rd highest actively traded crypto currency, and even outperformed Bitcoin for 30 minutes one day.
They sent the Jamaican bobsled team to Sochi and gave some town in Kenya fresh drinking water via charitable donations from Dogecoin users/investors.
There are 100 billion coins that can be mined and I THINK they are all supposed to be mined by the end of the year. But then the creators of Dogecoin decided to make the coin inflationary and add 5 billion coins each year.
Some people were upset because that would drag down the value, but others think it is great because then it won't be hoarded and used for transactions and will still gradually rise anyway, while making it a viable currency.
Nobody is expecting $1 or anything. But even 1 cent would be huge and 10 cents would be amazing.
They actually had their first convention last night where everyone dressed up as shibes and best dressed costume would get 100k Dogecoins.
And the guest speaker list was much impressive wow very nice v
http://www.followthecoin.com/dogecon...-speakers-are/