Investors are looking for a Dogecoin market cap that will hit a minimum of $120 billion to be successful. If this does not occur the owners will have to cut their coin supply down to nearly 20 billion coins or a couple of pennies will be all they will be able to see for the years to come.
Some investors are wondering if it is right or wrong to hold Doge for the future. DogeCoin tweeted: “Ruins of Chaos, a browser based persistent RPG is using #dogecoin as game currency. Dogecoins can be used for in game markets, obtained via faucet, for interactions with other users, to buy gems. Coins can be withdrawn to your personal wallet.”
Sydney Ifergan, the Crypto Expert tweeted: “Cryptocurrencies in games are used to make exchanges within the game. There is a high demand for gaming cryptocurrencies like DogeCoin in the gaming sector.”
Dogecoin retweeted about a tiny contest on reddit which was to make a “Powered by Dogecoin” icon for a website design contest. The first place was to take 500 Dogecoin.”
Cryptocurrencies are already a part of the gaming sector. Millennials are interested in video games and game developers are integrating cryptocurrencies into their video games.
There is an increased interest in gaming as well as in cryptocurrencies. This has led to a new trend of tokenizing assets in games. The currencies in virtual games can be tokenized by putting them on the blockchain, allotting a value, and creating a cryptographic accounting system for the gaming tokens to be bought, sold and traded even outside of the game.
In some games, the players are also rewarded in cryptocurrencies. There are cryptocurrencies used in games which are listed in exchanges and held in wallets too. Thus, they are of some use outside the games making it more interesting.
The blockchain gaming industry is moving forward and they are focusing on integrating cryptocurrencies into their games. DogeCoin is already a part of several games.
DogeCoin was once a spook cryptocurrency. Also, the inventor of Dogecoin is interested in lightweight hobbies. The DogeCoin community is super active though.
Several cryptocurrency-based gaming sites use Dogecoin in their games. A peep into the DogeCoin casino will provide with the required information about the different casinos using the token in their games and in dispending first deposit bonus, free spins, bonuses, no deposit bonus and others.
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