Dogecoin (DOGE) was founded in the US in 2013 as a joke but quickly gained a large following. It became a popular cryptocurrency (DOGE) used for tipping the content creators (mainly on Reddit and Telegram). As the creators had no serious plans for their currency they didn't elaborate a roadmap and were not working on the improvement of their project too much. The founder of Dogecoin Jackson Palmer left the project in 2015. |
| Launched |
|---|
2013 |
Website: |
| Asset type |
Coin |
| Blockchain list |
| X accounts |
Followers: 4,406,929Account age: Dec 8, 2013 |
TokenPay (TPAY) is the token of a decentralized payment platform, which provides fintech companies with technological solutions. It trades on a few exchanges against BTC and USDT. |
| Launched |
|---|
2017 |
Website: |
| Asset type |
Token |
| Blockchain list |
- |
| X accounts |
Dogecoin (DOGE) was founded in the US in 2013 as a joke but quickly gained a large following. It became a popular cryptocurrency (DOGE) used for tipping the content creators (mainly on Reddit and Telegram). As the creators had no serious plans for their currency they didn't elaborate a roadmap and were not working on the improvement of their project too much. The founder of Dogecoin Jackson Palmer left the project in 2015. | TokenPay (TPAY) is the token of a decentralized payment platform, which provides fintech companies with technological solutions. It trades on a few exchanges against BTC and USDT. |
| Launched | |
|---|---|
2013 | 2017 |
Website: | Website: |
| Asset type | |
Coin | Token |
| Blockchain list | |
- | |
| X accounts | |
Followers: 4,406,929Account age: Dec 8, 2013 | |
Live Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentLive Market SentimentIn a scenario where you choose to include one coin in your portfolio but are uncertain, take a closer look at these two. This article is dedicated to the Dogecoin (DOGE) vs TokenPay (TPAY) comparison for investing purposes, highlighting the most important aspects of this discussion.
First things first: the market capitalization. It's always better to invest in a well-established coin than a relatively new project. A large market cap means low volatility, whereas a small market cap means the coin will be extremely volatile and risky to trade – but can also bring huge rewards.
See if the coin has reasonable market cap and valuation for now – sometimes people speculate with coins which don't deserve a single dollar spent on them.
Proof-of-Work, Proof-of-Stake, or any other algorithm. Every protocol uses a specific algorithm for consensus – and therefore it brings some particular traits and advantages. Compare both coins by the consensus mechanism to find similarities and differences. Does it fit your preferences?
Every blockchain has a particular transaction throughput (TPS) level. The higher the transaction speed, the better – but do not consider this to be a primary factor in choosing a blockchain. Layer-2 solutions are also essential for scalability.
Supply and emission schedule play a crucial role in determining the price of any coin on the market. See how many coins will ever exist and how many are already in circulation. How are new coins emitted? Will there be any further halvings or supply increases?
Finally, it all comes down to real adoption. What real-world problems does the coin help solve? How active is the community around it? Does it have real use cases and on-chain activity statistics?
Neither of these coins is a better option in every possible situation – they serve different users. Determine which of them matches your preferences and needs the most, and make your decision accordingly.
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