Dogecoin

Track record score 73 out of 100 (BBB). Dogecoin has a notable history with over 12 years of operations, which reflects a strong track record. There have been no regulatory actions against it, indicating compliance with legal standards. However, two historical incidents and additional concerns identified by research slightly affect its score, suggesting that while it has a solid foundation, there are areas that warrant attention.

Economic design score 75 out of 100 (BBB). The economic structure of Dogecoin demonstrates a fully circulating supply, which is completely in circulation at 100%. However, it lacks a hard supply cap, introducing potential inflation risks to the asset. This score suggests a reasonable level of economic stability, though the absence of a supply cap may raise questions among potential investors.

Developer health score 51 out of 100 (CCC). Dogecoin shows considerable GitHub activity with over 14,300 stars and nearly 2,800 forks, indicating community interest. However, the lack of recent commits in the past month may raise concerns regarding ongoing development. While there are a sizable number of contributors, the stagnation in development activity could be a red flag for potential investors.

Network security score 72 out of 100 (BBB). With market capitalization of over $16 billion and an age of 12.4 years, Dogecoin demonstrates decent economic security and maturity. However, two historical incidents on record and multiple chain incidents raise some concerns about its network security. Overall, the asset has a solid foundation but could benefit from improvements in security measures.

Social behavioral score 43 out of 100 (CC). While Dogecoin has verified social accounts across various platforms, audience data is limited, resulting in a low score for social engagement. The sentiment surrounding the project has a favorable leaning, with 82% positive feedback. Nevertheless, allegations of scams, past hacks, and additional flagged concerns have somewhat negatively influenced its perceived social credibility.

Adoption liquidity score 76 out of 100 (BBB). Dogecoin demonstrates strong adoption dynamics with a substantial daily trading volume exceeding $1.5 billion and an impressive presence in 64 centralized exchanges, 38 of which are regarded as trustworthy. This solid liquidity score highlights its accessibility and appeal in the market, suggesting a favorable situation for investors looking for trading opportunities.

Investing in Dogecoin carries inherent cryptocurrency risks, including volatility, potential scams, and regulatory changes. While the asset has a solid history and substantial trading volume, it also faces challenges such as a lack of a supply cap and previous incidents that may impact its stability and growth prospects. Caution is advised when considering any investment in this space.