For me Dogecoin is a typical fraud, I honestly would not put a penny in a project that clearly has no other destiny than the dustbin of history. Not even its own developers bother to work on improving this platform. I congratulate those who made significant profits betting on Dogecoin but in the long run this will not end well.
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Fraud is a very strong word (in my opinion), but I have many doubts about the stability of this cryptocurrency.