Dogecoin (DOGE) Rating

Dogecoin (DOGE)

An open source peer-to-peer digital currency

Description

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Dogecoin is a clone of Bitcoin and was initially introduced as a joke/meme in December 2013. Despite this, it has managed to achieve a relatively high level of success within the cryptocurrency market with the help of shrewd marketing campaigns and prominent sponsorship deals.

It has commanded a loyal and passionate fan base, even though the coin is not taken seriously, and seems to have found itself primarily being used for online tipping and other microtransactions.

Hype and Reach

Dogecoin (DOGE) has a substantial reach, along with a strong social following. The project has good hype, with a great deal of buzz on social media around the project.

Community Trust/Red Flags

The community trust score with regards to this project relatively good, stipulating that there may be some issues, but that they are most likely previous issues of no real present importance.

Transparency

Dogecoin (DOGE) is not transparent regarding business operations, which may be seen as a red flag in specific scenarios. It does not have a privacy policy, legal disclaimer or contact information available to examine on its website.

Backing

This project doesn’t have the support of any venture capital organizations, other institutions or notable backers. This might suggest that the project is higher risk.

Product Completion

The completion score for the project is solid, suggesting that the complete product/mainnet has been released successfully.

Conclusion

Taking all metrics into mind, this project has a reasonably good final score, but there could still be some risks involved in investing in this project. Projects with scores in this area generally have various scores in different areas, and these should be assessed individually.

Dogecoin (DOGE) uses the Bitcoin whitepaper, which is available to view here.

Scores


86%
Hype Algorithm
85%
Reach Algorithm
100%
Product Completion
0%
Contact Info / Privacy Policy
25%
VC Backing
75%
Community Trust
66%
Result

MetricsParsed: 09/17/2018 22:36:28

Alexa Rank:103,571
Ahrefs Domain Rank:74
Google Mentions:28,800
Whitepaper Word Count:3,550
Telegram Subscribers:3,104
Twitter Followers:128,494
Tweets:446
Github Stars:2,024
Github Contributors:344
Github Forks:896
Github Commits:8,942

Disclaimer

This ICO rating has been scored algorithmically using our proprietary ICO rating algorithm. This rating is for entertainment purposes only, and any information on this page should not influence any investment decisions. Rating scores are not human ICO reviews or analyses and do not determine the viability, trustworthiness or potential of any ICO project. Data used in our rating may contain errors.

The ICO rating above should not be considered investment advice, use it for informational purposes only. Investing or trading in digital assets, such as those featured here, is extremely speculative and carries substantial risk. This rating should not be interpreted as advice to buy, sell or hold and should not be taken as an endorsement or recommendation of a particular asset.

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